Junio 22, 2021

Uber names Dara Khosrowshahi as new CEO

28 Agosto 2017, 02:19 | Azura Castelo

Uber names Dara Khosrowshahi as new CEO

Uber names Dara Khosrowshahi as new CEO

The short list included Jeff Immelt, the former CEO of General Electric, and Meg Whitman, the head of Hewlett Packard Enterprise. Immelt backed out right before the vote, supposedly after doubts about his leadership and potential over-eagerness to court Travis Kalanick.

But Khosrowshahi does not appear to have spent extensive time before in Silicon Valley, nor does he have much obvious connection to Uber. Other top executives, such as Uber's first employee and SVP of global operations, have also stepped down recently.

Despite the controversies, Uber is still a growing company.

Kalanick quickly committed $3 million to a legal defense fund for drivers who may have been affected by the ban, but the damage to Uber's (and Kalanick's) already shaky image was done.

Khosrowshahi was picked among three finalists after a weekend of board meetings, according to anonymous sources, the New York Times reported. And the company's problems only seemed to get worse.

It remains to be seen how Kalanick may continue to exert influence in his role as board member of Uber, and the Benchmark lawsuit is challenging a shareholder vote past year that gave Kalanick control over two additional, now unfilled board seats.

According to the Washington Post, Uber board members were divided about whether to vote in Whitman or Khosrowshahi, with the Expedia CEO ultimately winning out. More than 20 employees were fired after an investigation into sexual harassment allegations and the company is defending itself against a trade-secret theft lawsuit from Waymo, a self-driving auto business run by Alphabet, Google's parent company. She had previously denied that she would take the job.

The board met during the weekend to deliberate over the selection of a new chief executive to lead the ride-services company out of a almost year-long crisis. Benchmark, Uber's largest venture capital backer, was a fan of Whitman.

"Speed takes care of a lot of mistakes", Khosrowshahi said to Skift when reflecting on his time helming Expedia with TripAdvisor in the fold. Kalanick threw his weight behind GE's Immelt, who was a serious contender but failed to win sufficient support from the board.

Another hurdle is the former CEO. Under Kalanick, Uber changed the transportation landscape by offering people the ability to summon a ride through an app, and the privately held company swelled to a almost $70 billion colossus. Investors seem to like him. That will involve fixing a raft of issues that have been festering inside the company for years.

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