Controversial former Uber Technologies Inc CEO Travis Kalanick has cashed in another £70mil ($93 million) in stock over a three-day period as he continues to distance himself from the ride-sharing giant, Market Insider first reported.
Kalanick's combined sales now ring in at more than £1.2bil ($1.8 billion) since Uber's post-IPO lockup period expired on 6 November.
Taxipoint recently reported on Kalanick's previous cash out in November, when the Uber founder and ex-Chief Executive parted company with a whooping £6.1million worth of shares just days after selling around a fifth of his stake.
While the former chief executive has been dumping shares of the company, the firm's current CEO Dara Khosrowshahi has been boosting his own stake. The executive spent £5.9mil ($6.7 million) on Uber shares on 18 November.
Image credit: Flickr - JD Lasica
