Monday, 28 August 2017

Why Uber's new CEO choice may just be right


Why Uber's new CEO choice may just be right


Uber is now being run by a 14-person group of managers and is without multiple top executive positions that would be filled by Khosrowshahi.
Uber is now being run by a 14-person group of managers and is without multiple top executive positions that wo... Read More

DETROIT: For a surprise choice, Expedia CEO Dara Khosrowshahiappears to check the boxes needed to tackle the massive job of leading Uber from a rapidly growing but dysfunctional money-loser to a company that can turn a consistent profit.


Like Uber, Expedia is a global juggernaut that uses an internet platform to process millions of transactions every year. Expedia went through a big growth phase just like Uber, and has mastered making money on travel booking transactions, something that's only an aspiration for Uber.


Khosrowshahi also has experience leading a public company, which Uber wants to become, and he has handled vocal investors and strong-willed board members, which Uber has.

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