Expedia CEO Dara Khosrowshahi likely new chief at Uber
San Francsico, August 29, 2017
Uber’s search for a new chief may finally come to a close with Expedia CEO Dara Khosrowshahi reportedly chosen for the role, although the company has made no official announcement.
The chief executive post at the ride-hailing company was left empty after co-founder Travis Kalanick resigned in June under investor pressure. Other candidates in consideration for the job were Hewlett Packard Enterprise’s Meg Whitman and General Electric’s Jeffrey Immelt, according to CNBC.
No word on who might be succeeding Khosrowshahi (pictured) at Expedia
Kalanick still holds a seat in the board, 10 per cent of stock and 16 per cent of voting rights.
Meanwhile, Khosrowshahi has been at the helm of Expedia since 2005, growing the online travel company's annual revenue from US$2.1 billion to US$8.7 billion in 2016 through expanding considerably into new geographical markets and verticals, Tech Crunch wrote.