US technological company Uber has selected Expedia CEO Dara Khosrowshahi as its new CEO. Dara Khosrowshahi replaces Travis Kalanick who was forced out due to several scandals.
What all Khosrowshahi has to Face?
Khosrowshahi will confront various obstacles as Uber which has raised more than $15 billion from private financial specialists – explores its way toward a still-unscheduled first sale of stock. The new best official must think about the organization’s steady misfortunes, a high-stakes exchange insider facts suit recorded by Alphabet Inc’s. Waymo, a discolored brand and low confidence among Uber’s more than 15,000 worldwide workers.
Uber board met over the weekend to discuss options regarding the selection of CEO. Meg Whitman, Hewlett Packard CEO gained some support from the board after presenting her version of the company despite repeated public denials that she would take the job. In a similar way, General Electric’s Co chairman Jeffrey Immelt was another finalist but did not win board’s full backing.
Who is Khosrowshahi?
Khosrowshahi is an Iran-born American who graduated from Brown University with an engineering degree. He had a stint in investment banking at Allen & Co and was earlier at IAC during the dot-com boom. Khosrowshahi drove an obtaining orgy in online travel, growing IAC’s Expedia with takeovers of Orbitz and HomeAway.