Gulf News

Founders who lost control of their own companies

- — Compiled by Siddesh Mayenkar, Senior Reporter

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.

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