Since June, Uber has had no CEO and today Uber’s board of directors (which still includes the previous CEO Travis Kalanick) has finally selected former Expedia CEO, Dara Khosrowshahi. Also in the race was former Yahoo CEO Meg Whitman and former GE CEO Jeff Immelt,but the latter withdrew his name from consideration a few days ago. It was also rumored that Meg Whitman gave the Uber board several stringent conditions which were not favoring the outgoing CEO Travis Kalanick and thus had no chance to take on the top job. Many industry observers feel that it would have been preferable to have a woman at the helm of Uber given the issues that lead the company in this position in the first place.
New Uber CEO is scared
According to recode, In a memo to his employees at Expedia, CEO Dara Khosrowshahi said he had officially taken the job as CEO of Uber.
“This has been one of the toughest decisions of my life,” wrote Khosrowshahi, in a missive obtained by Recode, to his staff at the online travel service. “I’ve had the privilege to run Expedia for 12+ years now, and most of you who have been on this journey with me know it has not been easy going.”
Nice. But even more eloquently, he noted: “I have to tell you I am scared. I’ve been here at Expedia for so long that I’ve forgotten what life is like outside this place. But the times of greatest learning for me have been when I’ve been through big changes, or taken on new roles — you have to move out of your comfort zone and develop muscles that you didn’t know you had.”
In a statement, the Uber board said “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.”
— Uber (@Uber) August 30, 2017
Uber has had a well-documented run of bad behavior, resulting in lawsuits and investigations coming its way from regulators, former employees, drivers and passengers. The new CEO has a lot to deal with immediately following Kalanick’s June resignation, and he may lay out some of his plans in a meeting with employees tomorrow.