Expedia names a new CEO as Dara Khosrowshahi heads to Uber

New Uber CEO Says Company Must Change to Get to Level

New Uber CEO Says Company Must Change to Get to Level

That was the news delivered to Uber's 16,000-person workforce Wednesday by the embattled transportation company's new chief executive, outgoing Expedia CEO Dara Khosrowshahi, according to an employee who attended the meeting.

Khosrowshahi was appointed to the role by Uber's executive board on Sunday, following the dismissal of co-founder and long-term CEO Travis Kalanick.

'This company has to change, ' Khosrowshahi said to Uber's employees during the all-hands meeting in San Francisco on Wednesday.

Khosrowshahi emailed Expedia staff that he had accepted the job of Uber CEO, albeit 'with truly mixed feelings'.

Khosrowshahi is known as an experienced top executive, willing to speak his mind and to advocate for women getting equal pay and leadership opportunities.

Khosrowshahi was an outside choice for the role, which was widely expected to be offered to HP's chief executive Meg Whitman.

Immelt withdrew when it became clear that he did not have enough support, said two people familiar with the process. The decision to do so reflects a bold move by Khosrowshahi because, at the time, the currency was still considered controversial, and few other companies would go near it.

IS Evacuation Deal Sparks Iraqi Outrage
He also said the coalition would help ensure they "can never enter Iraq". Their souls are my responsibility", he told reporters.

A high stakes legal battle between Uber cofounder Travis Kalanick and one of the ride-hailing company's largest investors will now be fought behind closed doors.

Uber is also being sued by the self-driving company Waymo, a subsidiary of the search giant Alphabet Inc. Years of disregard for rules and regulations left Uber grappling with a wide-ranging sexual-harassment and workplace culture scandal, as well as a massive lawsuit from the Alphabet-owned driverless auto company Waymo.

And chaos certainly awaits him at Uber.

How much of an impact Khosrowshahi can have on Uber is uncertain. Kalanick argues that Benchmark was kept informed about issues at Uber.

Both Kalanick and Benchmark had their own preferred candidates for a new chief. The venture capital firm argues that special powers Mr. Kalanick negotiated in 2016 - which gave him control over three board seats, including one he occupies - were bestowed under false pretenses and should be nullified.

Running Uber will be no easy task. "I've been here at Expedia for so long that I've forgotten what life is like outside this place", he wrote in a memo obtained by Recode.

He made the comments at a previously scheduled event at Expedia's headquarters in Bellevue, Washington.

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