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Khosrowshahi also sits on the board of the [[New York Times Company]]. [[Arthur Sulzberger, Jr.]], the publisher of the ''[[New York Times]]'' and chairman of The New York Times Company praised Khosrowshahi's "comprehensive digital and international experience, as well as significant financial expertise."<ref>{{cite news| last1 =Somaiya |first1= Ravi| title= The Times Company Announces Board Nominees With Web Credentials | url= https://www.nytimes.com/2015/02/20/business/media/the-times-company-announces-board-nominees-with-web-credentials.html | work = New York Times |date = February 19, 2015}}</ref>
Khosrowshahi also sits on the board of the [[New York Times Company]]. [[Arthur Sulzberger, Jr.]], the publisher of the ''[[New York Times]]'' and chairman of The New York Times Company praised Khosrowshahi's "comprehensive digital and international experience, as well as significant financial expertise."<ref>{{cite news| last1 =Somaiya |first1= Ravi| title= The Times Company Announces Board Nominees With Web Credentials | url= https://www.nytimes.com/2015/02/20/business/media/the-times-company-announces-board-nominees-with-web-credentials.html | work = New York Times |date = February 19, 2015}}</ref>


On August 27, 2017, it was announced that Dara would be offered the job as the next CEO of Uber. If he accepts, he would be replacing founder [[Travis Kalanick]].
On August 27, 2017, it was announced that Dara would be offered the job as the next CEO of Uber. If he accepts, he would replace founder [[Travis Kalanick]].


==Awards and recognition==
==Awards and recognition==

Revision as of 18:02, 29 August 2017

Dara Khosrowshahi
Khosrowshahi in 2012
Born
Dara Khosrowshahi

(1969-05-28) May 28, 1969 (age 55)
NationalityIranian-American
Alma materBrown University
Occupation(s)Expedia, Inc.
President & CEO
SpouseSydney Shapiro
RelativesHassan Khosrowshahi
WebsiteExpedia Inc. Executive Officers

Dara Khosrowshahi (Template:Lang-fa) is an Iranian-American businessman and the CEO of Uber Technologies, Inc. On August 27, 2017, the Uber board of directors voted to choose him as their new CEO.[2]

Early life and education

Khosrowshahi was born in Iran[3] to a prominent family that founded the Alborz Investment Company, a diversified conglomerate involved in pharmaceuticals, chemicals, food, distribution, packaging, trading, and services.[4] He is related to Canadian billionaire Hassan Khosrowshahi. His family immigrated to the United States just prior to the Iranian Revolution in 1978 after Alborz Investment was nationalized.[3] He graduated from the Hackley School in Tarrytown, New York.[5] In 1991, he graduated with a B.A. in electrical engineering from Brown University.[6][7]

Career

In 1991, he joined the investment bank Allen & Company.[3] In 1998, he left Allen & Company to work for one of his former clients, Barry Diller, first at Diller's USA Networks as an executive and later as CFO of IAC, another Diller company.[3] In 2001, IAC Travel purchased Expedia, and in August 2005, Khosrowshahi was promoted as Expedia's CEO.[3] Since then, Expedia has extended its global presence to more than 60 countries worldwide through Expedia, Hotels.com, and the Hotwire online booking brands, and the travel community sites of TripAdvisor Media Network. Ten years later, in 2015, Expedia awarded him $90 million in stock options as part of a long-term employment agreement, stating he would stay until 2020.[8]

He is also a board director for BET.com, Hotels.com and several other companies.

Khosrowshahi also sits on the board of the New York Times Company. Arthur Sulzberger, Jr., the publisher of the New York Times and chairman of The New York Times Company praised Khosrowshahi's "comprehensive digital and international experience, as well as significant financial expertise."[9]

On August 27, 2017, it was announced that Dara would be offered the job as the next CEO of Uber. If he accepts, he would replace founder Travis Kalanick.

Awards and recognition

In June 2013, Ernst & Young recognized Dara Khosrowshahi as a Pacific Northwest Entrepreneur of the Year award recipient.[10] He is among the U.S. State Department's "List of Prominent Iranian Americans."[11]

Personal life

In December 2012, he married Sydney Shapiro.[3]

References

  1. ^ http://www.businessinsider.com/the-10-highest-paid-tech-ceos-2016-5/?r=AU&IR=T
  2. ^ O'Kane, Sean (2017-08-27). "Uber picks Expedia head Dara Khosrowshahi as its new CEO". The Verge. Retrieved 2017-08-28.
  3. ^ a b c d e f Inc Magazine: "Expedia Chief Dara Khosrowshahi Will Be Uber's Next CEO. Here's What We Know About Him - The Iranian immigrant beat out Meg Whitman and Marissa Mayer to get the job" By Minda Zetlin August 28, 2017
  4. ^ Alborz Investment: "About Us" retrieved August 28, 2017
  5. ^ Bloomberg: "How Did I Get Here? - Dara Khosrowshahi" 2017
  6. ^ "Spinoff of Expedia Comes at Tough Time for Its Sector", New York Times
  7. ^ "Dara Khosrowshahi: Executive Profile & Biography", BusinessWeek
  8. ^ "Here's One CEO Who Probably Justified His $94 Million Payday". FORTUNE. Retrieved 4 February 2017.
  9. ^ Somaiya, Ravi (February 19, 2015). "The Times Company Announces Board Nominees With Web Credentials". New York Times.
  10. ^ "Pacific Northwest Entrepreneur Of The Year 2013 Honorees", Ernst & Young
  11. ^ "Prominent Iranian-Americans". Virtual Embassy Tehran. Retrieved 23 February 2015.