Uber co-founder Garrett Camp steps aside from his role as a board director

For most people, when they think of Uber in its early and most controversial days, they will likely picture former CEO Travis Kalanick.

Although Travis was very much the face of the company, he wasn't the sole founder of the ride-sharing giant.

He did indeed have a co-founder, Garrett Camp. Camp, who is also the co-founder of the web 2.0 recommendation engine, StumbleUpon, Expa Studios and Expa Labs, has now announced he will be relinquishing his role as a board director.

The announcement was made by Camp in a post on Medium.

In the statement, Camp said: "So as we release our proxy statement today, I have decided to shift from a board director to a board observer, and focus on product strategy.

"I will continue to work with Dara and the product and technology leadership teams to brainstorm new ideas, iterate on plans and designs, and continue to innovate at scale.

"We have a strong and diverse team in place, and I’m confident everyone will navigate well during these turbulent times."

Uber has experienced a turbulent few weeks on the stock market as shares fluctuated - at one point hitting a low of $13.71.

The firm's shares have managed to claw their way up to $27.75 as the markets opened today, following a recent statement by current CEO Dara Khosrowshahi where he said the company had contingency funds to cope with such a collapse in the stock market.

Image credit: Flickr - JD Lasica

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