After Uber’s tumultuous stock-market debut, the ride-hailing giant is parting ways with two of Chief Executive Dara Khosrowshahi’s top lieutenants in a major leadership overhaul.
After Uber Technologies Inc.’s tumultuous stock-market debut, the ride-hailing giant is parting ways with two of Chief Executive Dara Khosrowshahi’s top lieutenants in a major leadership overhaul. Barney Harford, the chief operating officer, and Rebecca Messina, the chief marketing officer, are both leaving the company, Uber said.
Khosrowshahi will now oversee the company’s core business. He spent much of the last two years traveling the world, meeting with government leaders and pitching prospective investors before what became the biggest initial public offering on a U.S. exchange in five years. He also promoted two longtime Uber executives to help fill the void.
“Over the years, I’ve learned that at every critical milestone, it’s important to step back and think about how best to organize for the future. Given that we’re a month past the IPO, now is one of those times,” Khosrowshahi wrote in a Friday email to employees. “I now have the ability to be even more involved in the day-to-day operations of our biggest businesses, the core platform of Rides and Eats, and have decided they should report directly to me.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uber COO, marketing chief step down in leadership overhaul: memoUber Technologies Inc Chief Executive Officer Dara Khosrowshahi wants to take mo...
Read more »
20% of New York drivers for apps like Uber have had to rely on food stampsUber improved margins by cutting driver pay, says an industry expert. Drivers for ride-sharing services have used food stamps and slept in their cars.
Read more »
Uber stock falls more than 1% after report operating, marketing chiefs stepping downShares of Uber Technologies Inc. fell more than 1% in the extended session Friday after a report on CNBC said Chief Operating Officer Barney Harford and...
Read more »
The Family Of A 12-Year-Old Who Died By Suicide After Taking An Uber Alone Is Demanding Changes To Ride-Hail PoliciesA 12-Year-Old Girl Took An Uber While Her Parents Were Asleep And Rode It To The Location Where She Died By Suicide
Read more »
Uber surpasses its IPO price as firms initiate coverageUber hit its IPO price before the bell Thursday as another high profile IPO, Beyond Meat, prepared to issue its first quarterly results as a public company. CNBC's 'Squawk on the Street' discusses.
Read more »
Exclusive: India plans to order taxi aggregators like Uber, Ola to go electric - documentsIndia plans to order taxi aggregators like Uber and Ola to convert 40% of their ...
Read more »