Sabato, 23 Settembre, 2017

Dara Khosrowshahi Will Be Uber's New CEO

Timeline Uber's management crisis Timeline Uber's management crisis
Sveva Terracina | 28 Agosto, 2017, 10:47

And it trimmed its losses. "That program would continue under Antonio if she decides to take the Uber job". At the hotel, security guards patrolled the 20th floor and didn't allow a BuzzFeed News reporter to wander the hallways.

The markdowns offer a rare glimpse into how Uber's value may be impacted by its ongoing struggles.

Mutual funds typically factor in a company's financial performance, business actions and the performance of similar publicly traded businesses.

In addition, the report said that diversity and inclusiveness had to be a key value for Uber included in management training.

It said Uber must require that managers immediately reported discrimination, harassment or retaliation, and ensured that codes of conduct applied to offsite events and conferences. Uber declined to comment for this story. But Uber is a new and very different beast. Meg Whitman, CEO of Hewlett Packard Enterprise, was also a leading contender but said in late July that the Uber search process had become a "distraction" and that she would not be the next CEO. Benchmark threatened that if he did not, Benchmark (and other investors whom Benchmark enlisted in its efforts) would begin a public campaign against him, the obvious effect of which would be not only to smear his reputation, but to harm the Company that he founded and built.

More significantly, Immelt may not have been the only candidate Uber was seriously considering for CEO.


The decision comes over two months after Travis Kalanick stepped down from the position.

As Uber stumbles, its rivals overseas are raising billions in funding and working together to dominate their respective markets.

Additionally, Uber is facing an intellectual property lawsuit from Waymo, a self-driving vehicle company that operates under Google, as well as a federal inquiry into a software tool the company used to avoid law enforcement.

A major Uber investor, Benchmark Capital, decided Kalanick was a liability to an investment now valued in the billions, and forced him to resign from the company he co-founded with Garrett Camp.

Khosrowshahi has been president and chief executive of Expedia since 2005, and also holds a place on the board of The New York Times Company. Meanwhile, the board itself disagreed with the Benchmark suit, releasing a statement signed by all members except Benchmark representative Matt Cohler that it was "disappointed that a disagreement between shareholders" has resulted in litigation.

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