Alphabet exec leaves Uber board of directors

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David Drummond, senior vice president of corporate development at Alphabet, Google's parent company, has stepped down from Uber's board of directors, reports The Wall Street Journal.

Although his departure occurred several weeks ago, Uber made an official announcement Aug. 29.

WSJ cited conflicts of interest between the companies as the reason for Mr. Drummond's exit.

"I recently stepped down from Uber's board given the overlap between the two companies," Mr. Drummond, who also chairs Google's investment arms, Google Ventures and Google Capital, said in a statement emailed to WSJ. "GV remains an enthusiastic investor and Google will continue to partner with Uber."

Mr. Drummond joined Uber's board in 2013. That same year, he oversaw GV's $250 million investment in the ride-sharing company.

Seven individuals remain on Uber's board. The company has not revealed any plans to fill Mr. Drummond's seat.

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