San Francisco sources have stated that the ride-hailing app Uber has named American Travel Company Expedia's Dara Khosrowshahi as its new CEO after its founder and former chief executive Travis Kalanick resigned in June. According to sources, the announcement was made recently.
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Meanwhile according to Uber sources, Iranian-origin Khosrowshahi was not among those reported to have been in the running. The short list included Jeff Immelt, the former CEO of General Electric (GE) and Meg Whitman, the head of Hewlett Packard Enterprise. Moreover 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.
Accordingly he previously served as IAC Travel's CEO, as well as IAC's chief financial officer. Uber has been without a chief financial officer since 2015, and the company's head of finance left the company at the end of May. Expedia was one of the first tech companies to challenge President Trump's travel ban in court, citing the potential harm to its employees and customers.
