Uber has picked Expedia CEO Dara Khosrowshahi to be its new CEO

pulse

August 28, 2017 1:02 AM

Expedia CEO Dara Khosrowshahi has been selected to be the CEO of Uber by the ride-hailing giant's board.

Expedia CEO Dara Khosrowshahi has been selected to be the CEO of Uber by the company's board, a source close to the company has confirmed to Business Insider.

Uber has not yet publicly announced the news – apparently "The Board has voted and will announce the decision to the employees first," reports Recode's Kara Swisher.

Khosrowshahi's appointment comes after embattled Uber cofounder Travis Kalanick was ousted as the CEO of the world's most valuable private company in June, and as Uber has suffered an exodus of its top ranks amidst mounting public scandals.

The board had narrowed the CEO search down to three people, with different factions backing different candidates. Former GE CEO Jeff Immelt was a top candidate, but he publicly backed out on Sunday.

Another of the three candidates, HP CEO Meg Whitman, met with Uber's board over the weekend despite her publicly saying she wouldn't take the job last month.

Khosrowshahi's involvement in the CEO search wasn't made known until Sunday, making him a dark horse in the race.

New York State and is a US citizen. He has a degree in electrical engineering and before landing at IAC, he went into finance, working for investment bank Allen & Co.

He has a reputation as a good leader, according to ratings on Glassdoor, with a 93% approval rating.

Uber and Expedia couldn't immediately be reached for comment.

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