Uber CEO Travis Kalanick has resigned amid investor calls for new leadership at the embattled ride-hailing company.

His departure “came under pressure after hours of drama involving Uber’s investors,” the New York Times reported, citing two people with knowledge of the situation.

Join the conversation: Follow @SVbizjournal on Twitter, “Like” us on Facebook and sign up for our free email newsletters.

“Earlier on Tuesday, five of Uber’s major investors demanded that the chief executive resign…