Alphabet Executive David Drummond Leaves Uber Board
August 29 2016 - 7:13PM
Dow Jones News
By Greg Bensinger and Jack Nicas
Uber Technologies Inc. on Monday said a longtime Alphabet Inc.
executive has left its board amid increasing competition between
the two tech companies over self-driving cars.
David Drummond, an Uber director since August 2013, stepped down
several weeks ago as concerns over conflicts of interest between
the two companies mounted, Uber confirmed to The Wall Street
Journal.
Mr. Drummond, who joined Alphabet's Google in 2002, is senior
vice president of corporate development of Alphabet and chairman of
its investment arms, including GV, which was formerly called Google
Ventures. He helped oversee GV's $250 million investment in Uber in
2013.
"I recently stepped down from Uber's board given the overlap
between the two companies," said Mr. Drummond, 53 years old, in an
emailed statement. "GV remains an enthusiastic investor and Google
will continue to partner with Uber."
Write to Greg Bensinger at greg.bensinger@wsj.com and Jack Nicas
at jack.nicas@wsj.com
(END) Dow Jones Newswires
August 29, 2016 18:58 ET (22:58 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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