Uber gets new CEO

By ABCfrica reporter

Dara Khosrowshahi has accepted the position of Uber CEO after he was appointed last Tuesday. “I am excited to welcome Dara Khosrowshahi as Uber’s next CEO,” Kalanick said in a statement. “With a deep passion for team building, Dara grew Expedia into one of the world’s most successful travel and technology platforms. Casting a vote for the next chief executive of Uber was a big moment for me and I couldn’t be happier to pass the torch to such an inspiring leader.” In a memo sent to Uber employees, the company’s board called Khosrowshahi “the best person to lead Uber into the future” and said his appointment is also aimed at; “improving our culture and making Uber the best place to work.”

Khosrowshahi was the dark horse in Uber’s highly publicized CEO search. HP CEO Meg Whitman and former GE CEO Jeff Immelt were the other two candidates considered by the board for the role over the past weekend. Although he indicated that he intended to accept the Uber CEO position earlier Tuesday in press interviews, Khosrowshahi’s contract wasn’t finalized. His hiring likely comes with a hefty price tag that could top $200 million thanks to unvested stock options from his previous gig. Khosrowshahi, 48, has been CEO of Expedia for 12 years, during which he turned it into the biggest online travel agency in the US. An Iranian immigrant who moved to New York as a kid, he started his career at the investment bank Allen & Co. before serving as CFO at the media company IAC. Now that his new CEO job is official, Khosrowshahi will greet Uber employees at an all-hands meeting at the company’s San Francisco headquarters on Wednesday.

“We are delighted to announce that Uber’s Board has voted unanimously to appoint Dara Khosrowshahi to be our new CEO”, adds the satement. The Board and the Executive Leadership Team are confident that Dara is the best person to lead Uber into the future building world-class products, transforming cities, and adding value to the lives of drivers and riders around the world, while continuously improving their culture and making Uber the best place to work.

BIG completes solar-powered house in Taiwan
Brainchild Burson-Marsteller, Partners to boost Innovation in Business

Related posts

Leave a Comment