Business A.M
No Result
View All Result
Friday, March 27, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Africa Nigeria

Khosrowshahi becomes Uber’s new CEO

by Admin
August 28, 2017
in Nigeria

Expedia boss Dara Khosrowshahi has been chosen to replace Travis Kalanick as Uber Chief Executive Officer (CEO), ending months of speculation in the firm’s search for a new leader.

Dara Khosrowshahi
Dara Khosrowshahi

The decision was made by Uber’s board late on Sunday, a source told the BBC, but the company has made no official announcement.

Kalanick resigned in June following pressure from shareholders and the firm is battling to repair its image after a series of scandals.

Several big names – including Hewlett Packard boss Meg Whitman and General Electric chairman Jeff Immelt had been touted for the role.

Immelt ruled himself out of the race over the weekend, while reports intensified that Whitman was the most likely successor despite her saying she was not interested in the job either.

Kalanick bowed to pressure from shareholders in the San Francisco-based firm and stood down in June.

His resignation came after months of turmoil at the firm, including a series of controversies about sexual harassment, macho culture and the departure of senior executives.

Uber’s board has been meeting daily and was deliberating on its pick for a new leader over the weekend.

A spokesperson for the company declined to comment on the appointment and there has been no comment from Khosrowshahi.

He has been chief executive of online travel firm Expedia from 2005.

If he takes the Uber job, he would have a steep task ahead of him which includes repairing Uber’s corporate image, improving relations with investors and creating a profitable business after years of losses.


Report courtesy BBC

Admin
Admin
Previous Post

Libya’s oil disruptions widen as two more fields halt output

Next Post

Western Digital group finalising $17 billion deal for Toshiba chip unit, source reveals

Next Post

Western Digital group finalising $17 billion deal for Toshiba chip unit, source reveals

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Google advances Search with multimodal AI expansion across global markets

Google advances Search with multimodal AI expansion across global markets

March 27, 2026
Pepsodent targets 50 million Nigerians in nationwide oral health campaign 

Pepsodent targets 50 million Nigerians in nationwide oral health campaign 

March 27, 2026
Africa defies global private capital downturn with 8% deal growth in 2025

Africa defies global private capital downturn with 8% deal growth in 2025

March 27, 2026
CBN confronts key policy choice amid cooling inflation, firmer Naira

CBN shifts to consolidation mode

March 27, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Google advances Search with multimodal AI expansion across global markets

Google advances Search with multimodal AI expansion across global markets

March 27, 2026
Pepsodent targets 50 million Nigerians in nationwide oral health campaign 

Pepsodent targets 50 million Nigerians in nationwide oral health campaign 

March 27, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M