The Long Decision-making Process of Uber CEO has Come to an End

Uber CEO

It seems like the long dreadful decision-making process of Uber CEO is over. The company announced its new CEO. It is officially official. Expedia CEO Dara Khosrowshahi was offered the position of Uber CEO. However, we base the information on sources, not any company statements. Moreover, it was not entirely clear if he accepted the offer formally.

The position of Uber CEO

But if you remember, there was a talk of Kalanick becoming Uber’s CEO. What happened there? It seems like he “couldn’t be happier” for the new CEO.

“I am excited to welcome Dara Khosrowshahi as Uber’s next CEO. With a deep passion for team building, Dara grew Expedia into one of the world’s most successful travel and technology platforms. 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,” – Kalanick.

Email from Uber’s board to its employees

Team,

We are delighted to announce that Uber’s Board has voted unanimously to appoint Dara Khosrowshahi to be our new CEO.

Dara came to America at nine years old when his family escaped Iran on the eve of the Iranian Revolution. He grew up in Tarrytown, N.Y., trained as an engineer at Brown, and spent many years at IAC serving as Chief Financial Officer and in various operational and strategic roles.

In 2005, he became CEO of Expedia, which he built into one of the world’s leading travel and technology companies, now operating in more than 60 countries. He has four children and not surprisingly loves to travel, one of his favorite trips being to the Angkor Wat temples in Cambodia where his wife Sydney said yes to marrying him.
We’re really fortunate to gain a leader with Dara’s experience, talent, and vision. The Board and the Executive Leadership Team are confident that Dara is the best person to lead Uber into the future building world-class products, transforming cities, and adding value to the lives of drivers and riders around the world while continuously improving our culture and making Uber the best place to work.

Dara will be joining us tomorrow, August 30, for an All Hands. Add your questions for Dara here, and stay tuned for a calendar invite with more details. He’ll also be meeting with employees around the world in smaller groups over the next few weeks, and spending time with drivers.

Please join us in welcoming Dara on what promises to be an exciting ride!
-Yasir, Garrett, Matt, Ryan, Arianna, Travis, Wan Ling & David

Final decision

The role of Uber’s CEO was open since June. That is when Kalanick resigned after months of negative publicity about its company culture and accusations of law-breaking. There were other candidates for the job: Meg Whitman and Jeff Immelt. However, both of them tweeted claiming they no longer wanted the position. And the board finally went with Khosrowshahi.

Armen Margarian

Armen Margarian is an attorney with The Margarian Law Firm.

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