ISSUE – Aug. 28 | Uber’s new CEO Dara Khosrowshahi has mastered a different part of the travel economy — but Uber is a new beast

The new proposed CEO of Uber has spent a decade mastering a different part of the travel economy. But Uber is a new beast. The selection of 48-year-old Dara Khosrowshahi to oversee the $70 billion company is an enormous challenge for an executive who has no background in transportation. Khosrowshahi has led Expedia, the travel-booking site, since 2005, to be “one of the largest online travel companies in the world,” according to the company. Expedia has ridden the explosion in online bookings that have displaced traditional travel agents working out of brick-and-mortar offices across America. [ Re/Code ]
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