By Miguel Helft and Biz CarsonUber's board of directors on Sunday selected Expedia's Dara Khosrowshahi as the company's new CEO, according a person familiar with the decision. Earlier, a spokesperson for Uber's board said the company wanted to inform employees of its decision before publicly announcing the name of the new CEO. The board selected Khosrowshahi (see full profile here) after a weekend of twists and turns in the convoluted plot that the Uber CEO search had become. Two factions, one led by Kalanick, and one led by early investor Benchmark, are battling in court over control of the company. Khosrowshahi could bring much needed stability to a company that has been in turmoil for much of this year.

Source: Forbes August 28, 2017 00:52 UTC