Former Uber CEO Travis Kalanick will be a chief executive again — this time of City Storage Systems, "a holding company focused on the redevelopment of distressed real estate assets in the areas of parking, retail and industrial," if all goes to plan, according to his Facebook page.
Why it matters: Kalanick resigned from Uber last June amid a flurry of scandals, raising questions about how he'll occupy his time now. Recently, he announced the debut of a fund, 10100, which has acquired a controlling stake in City Storage Systems.