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Uber/Lyft

Uber Partnerships Chief Departs After Expressing Frustration

Uber’s top dealmaker, David Richter, is leaving the company for personal reasons after more than four years, according to people briefed about the move. These people added that Mr. Richter, who had reported to Uber CEO Dara Khosrowshahi, recently expressed frustration about the number of departures in his group and Uber’s inability or lack of desire to keep them, though it isn’t clear whether that was the trigger for his departure.

Cameron Poetzscher, the longtime head of M&A, will continue in that role and report to Mr. Khosrowshahi, Mr. Richter said in an email to his team. Andrew Macdonald, who is head of Uber’s operations in Latin America and Asia, will take over some of Mr. Richter’s organization that worked on business partnerships to boost Uber’s core ride-hailing service.

It’s unclear if Mr. Khosrowshahi will find a new partnerships chief. Until the middle of last year the organization had been led by Emil Michael, who was former CEO Travis Kalanick’s right-hand man and did lots of deals to make more cars available to Uber drivers, particularly in overseas markets, in addition to fundraising and M&A. Mr. Khosrowshahi has been bringing in his own executives. Since he took over the company, four direct reports have left the company, and one was fired. Those include the heads of product, leadership and security.

“David has made an incredible mark on our business, securing some of our most significant partnerships, from the Uber Visa credit card to Volvo [for self driving cars] to our Mission Bay real estate and much more,” Mr. Khosrowshahi said in a note to employees.

(A previous version of this brief incorrectly said Macdonald was head of operations in the Americas.) 

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