Uber's pick its next CEO
After two months of discussions,
Uber has finally found its next chief executive in current Expedia CEO Dara
Khosrowshahi.
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 (GOOG, GOOGL)
in late 2016.
UPDATE AT
11:33 p.m. ET on 8/27/17: Khosrowshahi has accepted the offer from Uber’s board
to join the company as its next CEO, according to a source. We’ve reached out
to Uber for comment.
UPDATE AT 12:53 p.m. ET on 8/28/17: IAC Chairman Barry
Diller released a statement:
As you probably know by now, Dara Khosrowshahi has
been asked to lead Uber. Nothing has been yet finalized, but having extensively
discussed this with Dara I believe it is his intention to accept. I also know
the struggle he has been having out of both his abiding enthusiasm for
Expedia’s future as well as his loyalty to all of us. I know Dara would like to
communicate now with all of you but I’ve asked him not to until this is fully
resolved. If Dara does leave us, it will be to my great regret but also my
blessing – he’s devoted 12 great years to building this Company and if this is
what he wants for his next adventure it will be with my best wishes. I say that
because he deserves nothing less and I say that also because he will leave
behind a tremendously talented corps of executives…
We both will be back in touch very soon.
Sincerely,
Barry Diller
Sincerely,
Barry Diller
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