Uber Board selects Expedia's Dara Khosrowshahi as its new CEO

Uber Board selects Expedia's Dara Khosrowshahi as its new CEO

But under Kalanick's watch, which ended June 20 when the company's investors forced him to resign, Uber also came to represent a troubled work culture saddled with sexual-harassment complaints. He is the third candidate for the job after Hewlett Packard Enterprise's CEO Meg Whitman and former General Electric CEO Jeff Immelt. While Whitman has previously said in the media she has no interest in the job and plans to stay at HPE, sources say she is very much still in the running. But matters changed over the course of Sunday afternoon and the board decided on Khosrowshahi.

He has been at the helm of Washington-based Expedia for the past 12 years, after coming to the United States in 1978 with his parents following the Iranian revolution.

Various well-known names have been floated publicly but today, press reports say the final choice is Dara Khrosrowshahi, since 2005 the head of Expedia.

Iranian-American Khosrowshahi came to the U.S. with his parents as a child back in 1978 after the Iranian Revolution. He told Bloomberg BusinessWeek that his family fled Iran just before the Iranian Revolution in 1978 when he was 9 years old.

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.

Last week, Uber said its sales reached $1.75 billion in the second quarter, up 17% from the previous quarter.

That includes: An internal report, by former Attorney General Eric Holder, that details a toxic and sexist culture; allegations of regulatory shenanigans; worldwide expansion woes; driver diplomacy issues; major litigation from one of Silicon Valley's biggest companies; and a decimated management lineup. But other high-profile hires and executive promotions at Uber and other technology giants give clues to what his pay package might look like. The company needs a CFO, COO, CMO and president. The company has been operating without any sort of top executive team for the past several months.

Uber's board has been meeting daily and was deliberating on its pick for a new leader over the weekend.

Huffington had been flagged as gaining influence over the Uber board, with the appointment of a female CEO touted as helping Uber regain its reputation following reports of unacceptable practices.



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