The board of directors of Uber have decided on a tried and true name in the business, Dara Khosrowshahi, as their new CEO. Uber's previous CEO, Travis Kalanick, left the company earlier this year in an extended barrage of scandal and controversy. Last June, a video surfaced that showed Kalanick being a real jerk to one of his drivers.
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Uber's new CEO Khosrowshahi has also been the CEO of the major travel website Expedia since 2005. After the scandal that brought Uber's former CEO into the spotlight, investors in the company demanded that Kalanick step down in June. Two of the investors were venture capitalists from the investment firm Benchmark who requested the CEO step down in a letter titled "Moving Uber Forward." The letter cited major scandals including a protest in regards to Trump's Muslim ban earlier this year that affected Uber drivers. On top of that, a former Uber engineer named Susan Fowler came forward with account of sexism and sexual harassment that she suffered during her time at the company. Kalanick tried to mitigate the damage by bringing former US Attorney General Eric Holder in to investigate Fowler's claims but by that time several more women had come forward with similar stories.
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<span style="margin-top:15px;rgba(42,51,6,0.7);font-size:12px;">Credit: The Goldwater</span>
Shortly after the video of Kalanick berating one of his drivers surfaced, an article in the New York Times exposed a program within the company called "Greyball" that's sole purpose was to evade local regulations. That was the nail in the coffin for Kalanick. Investors in Uber are hoping that Uber's new CEO Khosrowshahi will be able to get the company back on track and regain a favorable public impression.
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