Uber officially announces Dara Khosrowshahi as its new CEO

Adjust Comment Print

He has also been sued by Benchmark Capital, one of the biggest investors at the vehicle rental firm for using his leverage at the board to chart his return as the chief executive of the company again. At Wednesday's meeting, he reportedly spoke about the difficulties he experienced over the past half-year and received a standing ovation from the assembled workers.

As Uber's new CEO, Khosrowshahi will face a big job, including repairing the company's internal culture, navigating legal battles, and reducing its financial losses.

The board announced the new CEO in a memo to employees, which Uber published on its website. A software program, called Greyball, first revealed by The New York Times in March, enabled drivers to avoid detection from the transportation authorities by identifying regulators posing as Uber customers in order to deny them rides.

The back-and-forth has also featured interjections from people loyal to Mr. Kalanick who are seeking Benchmark's removal from the Uber board.

"We're really fortunate to gain a leader with Dara's experience, talent and vision", the letter to employees reads.

Khosrowshahi led Expedia from 2005 and helped build it into one of the largest travel-booking sites in the world.

Uber has also been investing in autonomous driving technology, and provoked a lawsuit from the former Google auto unit now called Waymo that accused Uber of stealing trade secrets.

Kathy Griffin reveals her friendship with Anderson Cooper is officially over
Comedian Kathy Griffin has hit back at Sunrise host Sam Armytage over the infamous photo of her holding a decapitated head of U.S. Granted her decision to market the comeback as the " Laugh Your Head Off " tour is on the nose but that's not really surprising.

Khosrowshahi was not among those reported to have been in the running.

Kalanick welcomed his successor in a statement, saying: "Casting a vote for the next chief executive of Uber was a big moment for me and I couldn't be happier to pass the torch to such an inspiring leader", he said. Years of disregard for rules and regulations left Uber grappling with a wide-ranging sexual-harassment and workplace culture scandal, as well as a massive lawsuit from the Alphabet-owned driverless auto company Waymo.

Whitman said: "I am fully committed to HPE and plan to remain the company's CEO".

The dispute involves Kalanick's successful effort previous year to expand Uber's board from eight members to 11 members, with authority given to him to designate the individuals who would fill the three new board seats.

The judge granted former CEO Travis Kalanick's request to put the lawsuit on hold while an arbitrator considers claims raised by venture capital firm Benchmark Capital Partners.

Khosrowshahi wore an Uber t-shirt as he was introduced to workers during an "all-hands" gathering at the San Francisco headquarters, according to photos posted online.