Uber Said to Pick Expedia CEO to Lead Company Out of Crisis

These Are the Top Leadership Traits the Next CEO of Uber Must Have

The General Electric chairman said in a Sunday tweet he has "decided not to pursue a leadership position" at the beleaguered ride-sharing company.

He will replace ousted CEO Travis Kalanick and faces the hard task of changing Uber's culture that has included sexual harassment and allegations of deceit and corporate espionage.

Unfortunately for Benchmark, Whitman has made it perfectly clear she has no interest in leading Uber. Recode hears that Uber is voting for its new leader today (August 27th), and it will tell employees about the choice by mid-week.

A spokesperson for the company declined to comment on the appointment and there has been no comment from Mr Khosrowshahi. The company will hear from Immelt and an unnamed "dark-horse candidate" who will both present their strategy and vision for the future of the ride-hailing company.

The company's website says it has grown to become one of the largest online travel companies in the world under his leadership. The board had been quite supportive of another top contender Meg Whitman, the CEO of Hewlett Packard Enterprise, who also said earlier this month that she was not keen on taking the job. "Uber's CEO will not be Meg Whitman". "You go from a company that's a colossus to a company that's a colossally crazed company and maybe Jeff wants that challenge".

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We've confirmed from a source familiar with the situation that this person is Dara Khosrowshahi, CEO of Expedia. Kalanick enjoyed sweeping authority on the board and almost complete autonomy in running the company, a governance style that helped to create a workplace that had few checks and balances. During his 16-year tenure at GE, in which Immelt reshaped the company by divesting its financial services arm, the company's stock price dropped considerably. Since Uber has been embroiled in controversies for about a year, he would be responsible for transforming the company's work culture and business.

However, the New York Times said she was "emerging as the likely candidate" to be selected as Uber's new chief.

Uber's board was widely expected to be prepared for a vote finalizing its punishing search for a new CEO to replace Travis Kalanick, who resigned earlier this year amid a storm of allegations he oversaw a widespread culture of sexual harassment.

Kalanick had responded to the lawsuit but the issue has now been escalated by Benchmark.