The Peterborough Examiner

Former Uber chief executive is a CEO again

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LOS ANGELES — It’s not as splashy as disrupting the global transporta­tion industry, but Travis Kalanick is once again a chief executive. The controvers­ial entreprene­ur, who was ousted as CEO of Uber in June, tweeted Tuesday that he will head City Storage Systems, a holding company that redevelops distressed real estate, particular­ly parking, retail and industrial property. “There are over $10 trillion in these real estate assets that will need to be repurposed for the digital era in the coming years,” he said.

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