Following the leadership shakedown that the company experienced in the past several months and the resignation of Travis Kalanick in June, after a long search for the perfect match, Uber appointed as a CEO the well-known executive Dara Khosrowshahi.
After he took the position, Khosrowshahi made it clear that he will aim to make significant changes in the company and shared his ambition to take the company public in 18 to 36 months. His Uber journey, however, hasn’t been a smooth ride so far – the company’s license lost to operate in London and Travis Kalanick’s move to appoint two new directors to the board without consulting anyone are just the latest two examples.
To figure out if the new CEO will manage to handle all challenges related to his new position, it is important to learn more about who actually Dara Khosrowshahi is.
Dara Khosrowshahi was born in Iran and grew up in New York after he and his family migrated to the USA when he was 9 years old during the Iranian Revolution.
He comes from a very prompt family that has founded the Alborz Investment Company, a diversified conglomerate that serves different industries like pharmaceuticals, chemicals, food, distribution, packaging, and trading to name a few.
His impressive portfolio of leadership positions may give the impression that he has received extensive business education this is why many find it surprising that he holds a degree in electrical engineering degree from Brown University.
He is a well-known executive as has been a CEO of Expedia since 2005, expanding the company to over 60 countries.
In 2015, Khosrowshahi was the highest paid CEO in the S&P 500, as he had a compensation of $94.6 million USD in total (Equilar and the Associated Press report).
In June 2013, Ernst & Young awarded Dara Khosrowshahi as a Pacific Northwest Entrepreneur of the Year.
The Iranian-American executive is one of the outspoken critics of the US President Trump immigration policy.
Dara Khosrowshahi definitely is a very interesting person and skilled executive and we are all excited to see where he will lead Uber.