Investing.com - Uber has appointed Expedia (NASDAQ:EXPE)'s Chief Executive Dara Khosrowshahi as its new CEO.
Khosrowshahi has led Expedia for 12 years.
He will replace Travis Kalanick,
who resigned in June following pressure from shareholders.
Khosrowshahi will face a number of hurdles at Uber,
including the task of repairing its scandal hit image,
improving relations with investors,
and shoring up its finances after years of losses