Expedia's Khosrowshahi could be appointed as Uber CEO

Dara Khosrowshahi who currently heads the online travel company - Expedia is said to be appointed as the new CEO of Uber. Neither Uber nor Expedia have officially confirmed this yet.

According to media reports, Khosrowshahi was among two other finalists who were being considered for Uber's top job. Initially, Meg Whitmann of Hewlett Packard Enterprise was touted for the lead role, however negotiations failed after both parties couldn't come to an agreement. On Sunday, the former chief of General Electric, Jeffrey R. Immelt withdrew from the race leaving Khosrowshahi as the new favourite.

Khosrowshahi has been heading Expedia since 2005. He is said to have a massive task on his hands once he takes over as the CEO of the ride-hailing company which has been marred by multiple scandals in the recent past. The company has been without a leader since June 2017 when co-founder Travis Kalanick stepped down under pressure from the management. While Kalanick remains on Uber's board, the venture capital firm - Benchmark, that is a major shareholder is looking to force him off the board and has sued the former CEO.

Source: The New York Times