Uber welcomes new changes with the appointment of Iranian born Dara Khosrowshahi as the company’s new CEO. He is also the former CEO of the leading travel company Expedia. A company with a revenue increase of 18% every year overpowering Airbnb and other travel competitors. Though the sources report, the company to favour Meg Whitman, Chief of Hewlett Packard Enterprise. Her disagreement on certain executive terms landed the choice on the third Candidate, Dara Khosrowshahi.
Dara Khosrowshahi seems to be a man of strong opinions and does not hold back from expressing them. Whether that’s voicing his views against the immigration policies hampering travel industry or his strong belief in technology’s increasing control over human lives.
An electrical engineer from Brown University, Khosrowshahi has credited himself an impressive career. Prior to owning Expedia, his career involves being the CFO at IAC, working with Allen & Co and even being on the Board of The New York Times Company.
Uber has revolutionised the conveyance sector by introducing an app that allows its users to call a GPS installed cab, anytime, anywhere. However the company has been drowning in scandals including that of its employees regularly spying on Beyonce. Several other turbulent controversies have immensely affected the networth of this US$6.3 billion dollar company. Dethroning Travis Kalanick, the former CEO of Uber, the Irani immigrant is expected to raise the company’s credibility.
The new CEO had turned his former company Expedia into the largest travel company in the US and will now have a lot to prove with Uber’s command in hand. Of all the major tasks, Khosrowshahi will first have to deal with a stack of lawsuits waiting for him. The biggest one coming from the self driving car program and companies such as Google.
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