Ride-sharing innovator Travis Kalanick announced over a week ago that he would be taking a temporary leave from Uber to become “the leader this company needs and deserves.” However, this morning the CEO officially announced that his departure from the company would indeed be permanent.

It’s reported that at least five Uber investors were demanding that the controversial leader step down from his position. In an official statement, Kalanick said ““I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight.”

Kalanick plans to stay apart of Uber’s board of directors.