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Uber appoints Dara Khosrowshahi as CEO: report

Online cab hailing service Uber has appointed Expedia's CEO Dara Khosrowshahi as its new CEO, reports Recode. Khosrowshahi was in the running for the top job along with Jeff Immelt, chairman of General Electric and Meg Whitman, CEO of Hewlett Packard Enterprise. However, late last night, Immelt and Whitman took to Twitter and said that they did not want to lead Uber. I have decided not to pursue a leadership position at Uber. I have immense respect for the company & founders - Travis, Garrett and Ryan. — Jeff Immelt (@JeffImmelt) August 27, 2017 (3/3) We have a lot of work still to do at HPE and I am not going anywhere. Uber's CEO will not be Meg Whitman. — Meg Whitman (@MegWhitman) July 28, 2017 Uber's CEO post has been vacant since co-founder Travis Kalanick resigned following investor pressure and the board had recommended that his responsibilities should be reviewed and reallocated. The company's troubles had been mounting after former U.S. Attorney General Eric Holder completed an investigation into the company’s culture. Lawsuits and allegations of sexism are what prompted the investigation. Note that Kalanick continues to remain on the board. Currently, Uber’s top level management is empty with the exception of the post of Chief Technology Officer. The company currently does not have a chief operating officer, a chief financial officer, chief marketing officer, chief diversity officer, general counsel, senior vice president of engineering. Boardroom fight Meanwhile, venture capital firm Benchmark has filed a lawsuit against him for breach of contract and fiduciary duty. The lawsuit alleges…

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