Uber Selected Dara Khosrowshahi as its New CEO

Uber Selected Dara Khosrowshahi as its New CEO

Uber selected Iranian-born Dara Khosrowshahi for CEO position. Dara Khosrowshahi is the current CEO of Expedia, an American travel company. Uber Selected Dara Khosrowshahi as its New CEO

After the resignation of CEO Travis Kalanick, place for CEO has been empty for quite a while now. Ever since then, Uber has been in urgently searching for the job position. Previously, Meg Whitman, CEO of Hewlett Packard Enterprise, was also being consider for the job but she denied.

Uber Selected Dara Khosrowshahi as its New CEO

Iranian-born Dara Khosrowshahi’s selection as Uber’s CEO was a sudden choice because it was not publicly announced.

Dara Khosrowshahi has been silently in a row with Expedia for the last 12 years. He assisted company to double its annual revenue since 2012. The company’s annual revenue reaches nearly $8.8 billion in 2016. Khosrowshahi was the highest paid CEO in America in 2015 owing to a stock option grant of nearly $91 million. Glassdoor grades him as one of the highest-rated CEOs with an approval rating of 94%.

As CEO, Dara Khosrowshahi will have a substantial job in front of him to enhance company’s public image. He is also responsible for the enhancement of internal culture of the company as well as to focus on driving growth.

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