Dara Khosrowshahi is officially the new CEO of Uber. Uber's board voted on Sunday to offer the former Expedia CEO the position of chief executive of the $69 billion ride-hailing company, ending a contentious search for a new leader. "With a deep passion for team building, Dara grew Expedia into one of the world’s most successful travel and technology platforms. As CEO of Uber, Khosrowshahi will be stepping into a minefield of battles, albeit many of them internal power struggles rather than global economic events. Here's Uber's full memo to its employees announcing his hiring:Team,We are delighted to announce that Uber’s Board has voted unanimously to appoint Dara Khosrowshahi to be our new CEO.

Source: Forbes August 30, 2017 02:27 UTC