Headline

Dara Khosrowshahi: New CEO of Uber, Boards Picks Him!!!

Well, Finally UBER Technology’s board of directors finds out the new CEO for the company. As per the reports, Dara Khosrowshahi is going to be a new CEO for the company. Also, the sources are saying that the new CEO has so many big steps to take. Also, the company is in very deep loses and he has to do something about it soon. You can say that this new CEO, the post will not e easy for the Dara Khosrowshahi at this time.

Uber Technologies Inc on Sunday chose, the new chief executive for their company. Also, the tasks are very difficult for the new CEO because nearly 7 year-long crisis is killing the company deeply inside. Well, Khosrowshahi is 48 years old who is chosen by the boards to take on the daunting task of mending Uber’s image, repairing frayed relations among investors, rebuilding employee morale and creating a profitable business after seven years of losses.

Dara Khosrowshahi New CEO of Uber

Even the sources are saying that Khosrowshahi has to face the pressure because as you all know that he has to be better than Kalanick. We all know that how Travis Kalanick, Uber’s pugnacious co-founder, who was ousted as CEO in June after shareholders representing about 40 percent of the company’s voting power signed a letter asking him to step down. Also, the new CEO has to make some big decisions like firing some employees would be one and changing some old way of work.

The Uber board of directors has been meeting daily and deliberated on its pick for CEO throughout the weekend. A spokeswoman said on Sunday that the board had voted but was declining to disclose its choice publicly until after informing employees.

Khosrowshahi before that already had experience because he ran a company called Expedia for 12 years. Also, this thing is going to change a lot of things like it could be an end to a company culture built on founder control. Kalanick enjoyed sweeping authority on the board and nearly complete autonomy in running the company, a governance style that often wreaked havoc.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.