Founders who lost control of their own companies
Elon Musk had himself sacked his predecessor Martin Eberhard, who founded Tesla in 2003. We look at five other founders who resigned or were sacked from their company:
Jack Dorsey: Twitter
Dorsey was fired from the company he had co-founded in 2008 by its board for mismanagement.
Jerry Yang: Yahoo
Yang stepped down as CEO in 2009 and later from the Yahoo’s board in 2012, after a turbulent reign.
Steve Jobs: Apple
A power struggle with John Sculley, the CEO he had recruited, led to Apple’s board of directors exiling founder Steve Jobs from the firm.
Kevin Systrom and Mike Krieger: Instagram
Chief executive Kevin Systrom and Mike Krieger, Instagram’s chief technical officer, are leaving the company in the next few weeks.
Travis Kalanick: Uber
Kalanick resigned after pressure from shareholders over several complaints of sexual harassment.