Giovedi, 23 Novembre, 2017

Expedia Chief Dara Khosrowshahi to take charge as new Uber CEO

Jeff Immelt says not pursuing Uber CEO job Uber's CEO Search Is Nearing a Decision
Sveva Terracina | 28 Agosto, 2017, 12:24

Uber has chosen a new chief executive: Expedia CEO Dara Khosrowshahi, according to two sources close to the company. Hewlett-Packard CEO Meg Whitman was seen as the leading pick recently, and former General Electric CEO Jeffrey Immelt had also been a leading contender but is said to have dropped out. However, they could not agree on the terms in which she would take over, such as less involvement for ousted CEO and founder Travis Kalanick and more board control, Recode reports.

Uber's selection of Khosrowshahi is not a done deal. He remains on Uber's board.

And, in keeping with the cup full of insane modus operandi, about 30 minutes ago, in a statement, an Uber board spokesperson said: "The Board has voted and will announce the decision to the employees first". (In one infamous episode that was caught on video earlier this year, Kalanick unloaded onto an Uber driver who criticised the company's wages). Mr Khosrowshahi led an acquisition binge in online travel, expanding IAC's Expedia with takeovers of Orbitz and HomeAway. Jeff Immelt, the former CEO of GE, was a top candidate, and he was said to have the support of Uber's former CEO Travis Kalanick and his faction.

Uber's next leader will be tasked with helping the company surmount a year of setbacks, remaking its tarnished image and creating a profitable business out of what has been a loss-making endeavour.


Whitman was thought to be the frontrunner over the weekend, and even reportedly made a presentation on Saturday, even though she had tweeted back in July that she was "not going anywhere" with respect to HPE.

After a series of controversies, including allegations of misogyny, sexual harassment and even a lawsuit, plagued Uber over the past year, Travis Kalanick was asked to resign as the CEO of the company he co-founded and steered earlier in June.

Representatives for Uber, its board of directors and Expedia did not immediately respond to a request for comment. The company also lacks many key executives, including a chief financial officer and a chief operating officer. Khosrowshahi was one of three candidates the company was considering, the newspaper reported, citing anonymous sources.

Khosrowshahi, an Iranian American entrepreneur, appears to fall in the category of experienced managers, having been the CEO of the publicly-traded Expedia since 2005.

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