[3][5] His family founded the Alborz Investment Company, a diversified conglomerate involved in pharmaceuticals, chemicals, food, distribution, packaging, trading, and services. Mr. Harford, the exiting COO, has been shielded from the public spotlight after he was the subject of an internal review over what some employees described as racially insensitive remarks by the operating chief last year, Bloomberg reported. The firm was one of the first … Now it’s also working as a food and grocery delivery service. This included Kalanick, even though Khosrowshahi had made clear that under his watch, Kalanick would have no role in Uber's daily operations; as he put it in one of his slides, "there cannot be two CEOs." [6], "BRIEF-New York Times says Dara Khosrowshahi to resign from co board in light of his new role as Uber CEO", "Evolution of a dealmaker: Expedia CEO Dara Khosrowshahi is PSBJ's Executive of the Year", "Expedia Chief Dara Khosrowshahi Will Be Uber's Next CEO. CEO Dara Khosrowshahi is trying to make Uber seem trustworthy. He believes Trump’s decision to ban immigrants, especially of Muslim nations to be a mistake. He married Sydney on December 12, 2012 (12/12/12). He also donated to Utah Republican Senator Mike Lee, a supporter of libertarianism. Kalanick favored Jeffrey Immelt, the former CEO of General Electric. After earning his degree from Brown University … They are blessed with twin sons, named Hugo Gubrit, and Hayes Epic. [20], In November 2019, Khosrowshahi caused controversy in an interview with Axios on HBO, when he compared the Assassination of Jamal Khashoggi to the death of Elaine Herzberg by an Uber self-driving car in 2018. He is the youngest of the three siblings. [7] His family first fled to southern France. ON SEPTEMBER 5th Dara Khosrowshahi celebrated his first anniversary in the driver’s seat at Uber. It has been a productive year, but he still has an … Warren Buffett, How The Billionaire Came To BE. [11], In June 2013, he received a Pacific Northwest Entrepreneur of the Year award from Ernst & Young. Christophe Morin/IP3/Getty Images Venture firms. [14], In August 2017, Khosrowshahi became the CEO of Uber, succeeding founder Travis Kalanick. As of 2020, his net worth is $450 million. If Khosrowshahi accepts the offer, his … As CEO, Khosrowshahi is leading the company into its long-awaited IPO on Friday. They thought it was a temporary solution and they would be able to go back to Iran if the revolution failed. One of Whitman's supporters switched his vote to Khosrowshahi, breaking the deadlock and making him Uber's second full-time CEO. Your email address will not be published. When Mr. Khosrowshahi took over as chief executive of … [9][10], In 1991, Khosrowshahi joined Allen & Company, an investment bank, as an analyst. He married Sydney on December 12, 2012 (12/12/12). [3][4] He is the youngest of the three children of Lili and Asghar (Gary) Khosrowshahi. CEO Dara Khosrowshahi will not be paid for the rest of the year. You also want to find out How Successful is Jeff Bezos? [16]:321–324, He forfeited his un-vested stock options of Expedia, then worth $184 million, but Uber reportedly paid him over $200 million to take the CEO position. He is the chief executive officer of Uber and was previously the CEO of Expedia Group, which operated in online travel shopping. But, he fortified his contract to become the CEO of Uber in August 2017. Home » Get to Know About Dara Khosrowshahi. His father was not allowed to leave Iran for 6 years and therefore Khosrowshahi spent his teenage years without seeing his father. He donated to several funds over the years, showing his support. [19], Khosrowshahi is an outspoken critic of the immigration policy of Donald Trump. Before Expedia, Dara was also the CFO of IAC (InterActiveCorp), a holding company in the USA, for 7 years. Hopefully, Uber will be able to reach new heights under the leadership of this talented and businessman. [6], In 1978, just before the Iranian Revolution, his family was targeted for its wealth and his mother decided to leave everything behind and flee the country. At a recent businesswomen summit, where he was joined by his mother Lili Khosrowshahi, Dara said that his humility comes from the struggles they faced while moving to US during the Iranian revolution. And twin sons from his second marriage with Sydney Shapiro who is an actress. Having experienced the hardships of a revolution at the age of 9, Dara sympathizes with refugees who are in crisis all around the world. Dara Khosrowshahi is an Iranian-American businessman who was born on May 28, 1969. But Dara’s previous experiences and his stability made him the perfect choice as Uber was still pretty unstable and scandal-ridden. Khosrowshahi was previously CEO of Expedia Group, a company that owns several travel fare aggregators. The Saudi government is an investor in Uber and has representation on its board of directors. [3] They were planning to come back to Iran if the revolution failed, but when that didn't happen, they immigrated to the United States, moving in with one of his uncles in Tarrytown, New York. [7] His cousin Amir co-founded Nervana Systems, which was acquired by Intel in 2016 for $408 million. [17] He also serves on Uber's board of directors. [5][4] In 1982, when Khosrowshahi was 13 years old, his father went to Iran to care for his grandfather. [15] He was initially viewed as a "dark horse" candidate in case the initial frontrunners, GE's Jeff Immelt and Hewlett-Packard Enterprise's Meg Whitman, fell through. After several deadlocked votes, Benchmark, a private equity firm that had helped lead the effort to push out Kalanick, promised to drop a lawsuit against Kalanick if it named Whitman as CEO. “He has a strong moral compass.” Khosrowshahi was shaped by his escape from Iran as a boy, just before the chaos of the 1979 revolution. [3] On December 12, 2012, Khosrowshahi married Sydney Shapiro, a former preschool teacher and actress. Also, his brother Kaveh Khosrowshahi is the managing director of Allen & Co. His brother Mehrad Khosrowshahi is a managing partner of the boutique consulting firm Confida Inc, and his cousin Amir Khosrowshahi is at Intel. Dara is operating as the chief executive of Uber with over 22,000 employees working under him. Education. His uncle Hassan Khosrowshahi is a renowned businessman, investor, and philanthropist who fled to Canada during the revolution. He is also a member of the board of directors of BET.com, and Hotels.com,[citation needed] and previously served on the board of The New York Times Company. [18], Khosrowshahi's main task was to clean up the image of a company that had become one of the most despised in the country, in part due to revelations about Uber's corporate culture. Here's What We Know About Him", "Uber's C.E.O. The couple has twin sons, Hayes Epic and Hugo Gubrit. Uber CEO Dara Khosrowshahi. He called them both "mistakes" that can "be forgiven". "[16]:330–331, In May 2019, Khosrowshahi led Uber in its initial public offering, which he addressed with employees in a company-wide letter. Dara Khosrowshahi has four children, a daughter, and a son from his first marriage. Another cousin, Golnar, founded Reservoir Media in 2007 as a music publishing company. Dara Khosrowshahi gets behind the wheel at Uber today. Dara had to stay away from his father for 6 years when he was 13 as his father went back to Iran to look after Dara’s grandfather and wasn’t allowed to leave the country. But destiny had something else planned. [12], In 2016, he was one of the highest paid CEOs in the United States. Early investor Benchmark Capital has a stake worth $6.8 billion. Dara and his dislike of President Donald Trump’s immigration policy is no secret. Dara considers himself to be lucky to have a wife that reflects and compliments his traits in every way. His mother Lili had to raise her children alone for those years without the support of his father. [3], His uncle, Hassan Khosrowshahi, also fled Iran due to the Iranian Revolution and is now a billionaire. Hackley School, Tarrytown, N.Y., class of 1987. Dara Khosrowshahi is Chief Executive Officer at Uber Technologies Inc. See Dara Khosrowshahi's compensation, career history, education, & memberships. [21][22], Khosrowshahi has two children from his first marriage; a son, Alex and a daughter, Chloe. Several of the directors read the announcement as blackmail. Dara Khosrowshahi is the former CEO of Expedia who took over Uber as CEO in 2017. Dara was bound with Expedia with an agreement to work as their CEO until 2020. He has his work cut out for him, including dealing with company scandals, low employee morale and increased competition from Lyft. Dara was only nine years old then. Pick, Dara Khosrowshahi, Steps into Brighter Spotlight", "Uber's CEO Comes From What May Be the World's Most Techie Family", "The amazing life of Uber's new CEO Dara Khosrowshahi – from refugee to tech superstar", "Spinoff of Expedia Comes at Tough Time for Its Sector", "Dara Khosrowshahi: Executive Profile & Biography", "Here's One CEO Who Probably Justified His $94 Million Payday", "New Uber CEO Dara Khosrowshahi: What you need to know", "Uber picks Dara Khosrowshahi as its new boss", "6 things to know about Uber's CEO pick Dara Khosrowshahi", "Uber officially announces Dara Khosrowshahi will be its new CEO", "Uber's New CEO May Get at Least $200 Million to Exit Expedia", "Read Uber CEO Dara Khosrowshahi's Letter to Employees on IPO Day", "Uber CEO calls slaying of Jamal Khashoggi 'a mistake' and compares it to a self-driving car crash", "Uber CEO calls Jamal Khashoggi murder 'serious mistake, Uber gave CEO Dara Khosrowshahi $45 million in total pay last year, but it paid its COO even more, Legality of ridesharing companies by jurisdiction, https://en.wikipedia.org/w/index.php?title=Dara_Khosrowshahi&oldid=992116317, Brown University School of Engineering alumni, Pages containing links to subscription-only content, Short description is different from Wikidata, Articles containing Persian-language text, Articles with unsourced statements from January 2020, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 3 December 2020, at 16:08. His parents Lili and Asghar Khosrowshahi have three sons. His salary was set for $1million in 2019 with a possible bonus of $2million. His son, Behzad, runs DRI Capital, a pharmaceutical royalty firm, and his daughter, Golnar , founded Reservoir Media, a music licensing business. He graduated from Brown University in 1991 with a B.S. Khosrowshahi has a daughter, Chloe, and a son, Alex, from his first marriage. Period. But Dara Khosrowshahi believes that the new ventures he envisions for the company will create more earning opportunities for their associated drivers. In an interview with Axios that aired Sunday on HBO, Uber CEO Dara Khosrowshahi appeared to downplay the Saudi government’s role in the murder of journalist Jamal Khashoggi, calling it … Dara Khosrowshahi. Dara broke the deal and joined Uber as CEO in 2017. Marketing is so important to our business, and our brand continues to be challenged. 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