Dara Khosrowshahi has accepted the position of Uber CEO after he was selected by the company’s board on Sunday.

The former Expedia CEO’s appointment comes after the embattled Uber cofounder Travis Kalanick was ousted as CEO of the world’s most valuable private company in June. Uber has suffered an exodus of its top ranks amid mounting public and legal scandals.

“I am excited to welcome Dara Khosrowshahi as Uber’s next CEO,” Kalanick said in a statement on Tuesday. “With a deep passion for team building, Dara grew Expedia into one of the world’s most successful travel and technology platforms. Casting a vote for the next chief executive of Uber was a big moment for me and I couldn’t be happier to pass the torch to such an inspiring leader.”

In a memo sent to Uber employees, the company’s board called Khosrowshahi “the best person to lead Uber into the future” and said his appointment was also aimed at “improving our culture and making Uber the best place to work.”.. see more

source: businessinsider