Monday, 28 August 2017

Meet Uber's pick for its next CEO.

Expedia CEO Dara Khosrowshahi is expected 
to take the role of Uber’s new chief executive. 
(Courtesy of Expedia, Inc. via AP)
After two months of discussions, Uber has finally found its next chief executive in current Expedia CEO Dara Khosrowshahi, a source told Yahoo Finance.

The 48-year-old Iranian businessman was the third choice on the short list of Uber’s board, alongside former GE CEO Jeff Immelt and Hewlett Packard Enterprises CEO Meg Whitman. On Sunday evening, Uber’s board voted largely in favor of Khosrowshahi, although it’s unclear at this point whether he will accept the board’s offer, Recode first reported.

Uber did not respond to a request for comment in time for publication, and Khosrowshahi has yet to formally accept the offer.

Khosrowshahi has served as CEO of Expedia since 2005 where he helped expand the company to more than 60 countries. Prior to Expedia, the Brown University graduate served as chief financial officer of IAC (IAC), which also owns the popular dating site Match.com. 

An Iranian immigrant, Khosrowshahi was one of the first tech leaders to file a legal challenge to President Trump’s travel ban, citing the potential harm it could do to the company’s employees and customers.

As Uber’s next potential CEO, Khosrowshahi inherits an embattled company rocked by months of scandal involving sexual harassment in the workplace and questionable workplace practices, which included ongoing litigation with Waymo, a self-driving company spun out by Google (GOOGGOOGL) in late 2016.




JP Mangalindan.

Culled from Yahoo News.

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