At one point during the presentation, Khosrowshahi pulled up a slide on his PowerPoint deck that made everyone in the room tense up: “There Cannot Be Two CEOs,” the slide read. As Khosrowshahi looked across the room, directly at Travis Kalanick, he made clear that were he to become Uber’s new leader, Kalanick would truly have to take a hike. The former chief’s only involvement would be his board duties, but no more, Khosrowshahi said.
