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Dara Khosrowshahi gets behind the wheel at Uber today. [5][4] In 1982, when Khosrowshahi was 13 years old, his father went to Iran to care for his grandfather. Dara wishes to model Uber after Amazon. They thought it was a temporary solution and they would be able to go back to Iran if the revolution failed. [13] During his tenure as CEO of Expedia, "the gross value of its hotel and other travel bookings more than quadrupled and its pre-tax earnings more than doubled. Dara Khosrowshahi (Persian: دارا خسروشاهی‎, Persian pronunciation: [dɑː'ɾɑː xosɾo'ʃɑːhiː]; born May 28, 1969) is an Iranian-American businessman and the chief executive officer of Uber. Dara overcame a lot of hardships since he was a boy. Dara Khosrowshahi has four children, a daughter, and a son from his first marriage. 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. CEO Dara Khosrowshahi is trying to make Uber seem trustworthy. Dara Khosrowshahi, 48, was born in Iran in 1969, but his family emigrated to the United States when he was a child, after the Iranian Revolution. [4] The couple has twin sons, Hayes Epic and Hugo Gubrit. And twin sons from his second marriage with Sydney Shapiro who is an actress. He often expresses his opinion against the president via social media. But Dara’s previous experiences and his stability made him the perfect choice as Uber was still pretty unstable and scandal-ridden. After 7 years in 1998, he went to work in the USA as senior vice president of strategic planning and then the president. He is also related to Darian Shirazi, the founder of Radius and the first intern hired by Facebook. Period. [4] In 1998, he left Allen & Company to work for one of his former clients at the bank, Barry Diller, first at Diller's USA Networks, where he held the positions of senior vice president for strategic planning and then president, and later as chief financial officer of IAC, another company controlled by Diller. Farzad Khosrowshahi, another one of Dara’s cousins, is the creator of Google Sheets. Now it’s also working as a food and grocery delivery service. When Mr. Khosrowshahi took over as chief executive of … Uber has selected Dara Khosrowshahi, chief executive officer of Expedia, as the company's next CEO.. Another cousin, Golnar, founded Reservoir Media in 2007 as a music publishing company. [21][22], Khosrowshahi has two children from his first marriage; a son, Alex and a daughter, Chloe. You also want to find out How Successful is Jeff Bezos? They were married in Las Vegas where his wife wore a T-shirt of a heavy metal band during their wedding. His twin cousins Ali and Hadi Partovi are hotshot investors. Required fields are marked *. He is the chief executive officer of Uber and was previously the CEO of Expedia Group, which operated in online travel shopping. [7] His family first fled to southern France. Before Uber, he acted as CEO of travel site Expedia. Dara was only nine years old then. When Dara was 13, his father returned to Iran to take care of his ailing … The firm was one of the first … [8] In 1991, he graduated with a B.S. [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. Dara Khosrowshahi, Uber. Several of the directors read the announcement as blackmail. This will benefit the investors in return, making the company gain a larger fund. His uncle Hassan Khosrowshahi is a renowned businessman, investor, and philanthropist who fled to Canada during the revolution. [11], In June 2013, he received a Pacific Northwest Entrepreneur of the Year award from Ernst & Young. He grew up in Tarrytown, New York with his mother and brothers. Dara Khosrowshahi, chief executive of Expedia, would be the company's new leader if he chooses to accept the position, in a surprise ending to a contentious selection process that … [7][4] In 1987, he graduated from the Hackley School, a private university-preparatory school in Tarrytown. Expedia tried to keep him with them until 2020 by giving him $90 million worth of stock as part of the deal. Your email address will not be published. Stay humble — that was the most important advice that Uber CEO Dara Khosrowshahi’s mother ever gave him. [19], Khosrowshahi is an outspoken critic of the immigration policy of Donald Trump. 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. [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. [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. Hopefully, Uber will be able to reach new heights under the leadership of this talented and businessman. He called them both "mistakes" that can "be forgiven". 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. His long history in tech made him a preferable choice for running Uber. He has his work cut out for him, including dealing with company scandals, low employee morale and increased competition from Lyft. [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. Dara wishes Uber to become more versatile and not just staying focused on a single field. Marketing is so important to our business, and our brand continues to be challenged. Save my name, email, and website in this browser for the next time I comment. Even though Amazon started as an online book retailer, it soon expanded from that and is now one of the biggest tech companies in the world. His salary was set for $1million in 2019 with a possible bonus of $2million. The couple has twin sons, Hayes Epic and Hugo Gubrit. His mother Lili had to raise her children alone for those years without the support of his father. [2], Khosrowshahi was born in 1969 in Iran into a wealthy family and grew up in a mansion on the family compound. His parents Lili and Asghar Khosrowshahi have three sons. [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. "[13] Under Khosrowshahi, Expedia extended its presence to more than 60 countries and acquired Travelocity, Orbitz, and HomeAway. He was previously the CEO of Expedia and his 196,000 shares are worth $8million. His son, Behzad, runs DRI Capital, a pharmaceutical royalty firm, and his daughter, Golnar , founded Reservoir Media, a music licensing business. 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." His family was prominent in … But that didn’t matter as Uber offered him $200 million for taking the CEO position. Right after graduation, Dara joined Allen & Company (which is an investment bank) as an analyst in 1991. He donated to several funds over the years, showing his support. Khosrowshahi has a daughter, Chloe, and a son, Alex, from his first marriage. He got married to Sydney Shapiro on December 12, 2012. As of 2020, his net worth is $450 million. At all of his public appearances after taking over, Khosrowshahi stressed the message, "We do the right thing. Chief executive officer, Expedia Inc. from . Dara is not the only tech genius in his family. If Khosrowshahi accepts the offer, his … Home » Get to Know About Dara Khosrowshahi. Dara was born into an Iranian wealthy family who was the founders of a major conglomerate, Alborz Investment Company. His father was not allowed to leave Iran for 6 years and therefore Khosrowshahi spent his teenage years without seeing his father. Dara Khosrowshahi had a problem. Dara is operating as the chief executive of Uber with over 22,000 employees working under him. Here's What We Know About Him", "Uber's C.E.O. He also donated to Utah Republican Senator Mike Lee, a supporter of libertarianism. [3] On December 12, 2012, Khosrowshahi married Sydney Shapiro, a former preschool teacher and actress. In 2005, Dara became the CEO of Expedia which was bought by IAC in 2001. (Suggested read: Logan Green, Lyft … 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. He was not the first choice of the then Uber CEO and founder, Travis Kalanick. His family lived with an uncle of his in Tarrytown. Dara considers himself to be lucky to have a wife that reflects and compliments his traits in every way. She has been a former actress and preschool teacher. Uber CEO Dara Khosrowshahi. The Saudi government is an investor in Uber and has representation on its board of directors. One of Dara Khosrowshahi’s first tasks at Uber Technologies Inc. will be coming up with a new set of core principles. However, when Immelt flubbed his presentation, Immelt's initial supporters threw their backing to Khosrowshahi. Dara and his dislike of President Donald Trump’s immigration policy is no secret. Having experienced the hardships of a revolution at the age of 9, Dara sympathizes with refugees who are in crisis all around the world. He graduated from Brown University in 1991 with a B.S. Dara Khosrowshahi is an Iranian-American businessman who was born on May 28, 1969. Your email address will not be published. He is the youngest of the three siblings. [17] He also serves on Uber's board of directors. 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. Dara Khosrowshahi beat out the likes of Hewlett Packard Enterprises CEO Meg Whitman and outgoing GE CEO Jeff Immelt for the top spot at Uber. 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 … “I saw him work with strong personalities and complex situations, and simplify to focus on what actually matters,” said Jeremy Liew, a venture capitalist who reported to Khosrowshahi at IAC/InterActiveCorp. [12], In 2016, he was one of the highest paid CEOs in the United States. Ending forced arbitration is a savvy first step. in Electrical Engineering. Warren Buffett, How The Billionaire Came To BE. Before Expedia, Dara was also the CFO of IAC (InterActiveCorp), a holding company in the USA, for 7 years. Dara Khosrowshahi is the former CEO of Expedia who took over Uber as CEO in 2017. [9][10], In 1991, Khosrowshahi joined Allen & Company, an investment bank, as an analyst. He praised his wife for wearing a Slayer t-shirt to the wedding, which was held in Las Vegas. 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. [4], In 2001, IAC purchased Expedia, and in August 2005, Khosrowshahi became CEO of Expedia. CEO Dara Khosrowshahi will not be paid for the rest of the year. His name was Travis Kalanick. Dara Khosrowshahi Khosrowshahi was brought in after Kalanick's departure to become CEO. [13][4] In 2016, he donated to the Hillary Victory Fund, Washington Democratic Senator Patty Murray, and the Democratic National Committee. He married Sydney on December 12, 2012 (12/12/12). Uber Technologies Inc. or Uber is a multinational ride-hailing company situated in America that operates in 63 countries. [4] Ten years later, in 2015, Expedia gave him $90 million in stock options as part of a long-term employment agreement, conditioned on him staying with the company until 2020. [7] His cousin Amir co-founded Nervana Systems, which was acquired by Intel in 2016 for $408 million. [3], His uncle, Hassan Khosrowshahi, also fled Iran due to the Iranian Revolution and is now a billionaire. Their company was later nationalized. Dara Khosrowshahi started attending an Ivy League private prep school along with his cousins and graduated from there in 1987. [14], In August 2017, Khosrowshahi became the CEO of Uber, succeeding founder Travis Kalanick. 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. That, of course, was nothing new. Early investor Benchmark Capital has a stake worth $6.8 billion. He married Sydney on December 12, 2012 (12/12/12). ON SEPTEMBER 5th Dara Khosrowshahi celebrated his first anniversary in the driver’s seat at Uber. Finally, Uber still has a long way to go when it comes to expanding its business. [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. He got into a little controversy over a pedestrian being killed by one of Uber’s self-driving cars in 2018. He joined IAC later on as the CFO. [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. After earning his degree from Brown University … [3][4] He is the youngest of the three children of Lili and Asghar (Gary) Khosrowshahi. As CEO, Khosrowshahi is leading the company into its long-awaited IPO on Friday. Dara Khosrowshahi is Chief Executive Officer at Uber Technologies Inc. See Dara Khosrowshahi's compensation, career history, education, & memberships. Dara broke the deal and joined Uber as CEO in 2017. “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. For most of his teenage years, his father … Dara was bound with Expedia with an agreement to work as their CEO until 2020. [1], Khosrowshahi is on the list of "Prominent Iranian-Americans" published by the Embassy of the United States, Tehran. He believes Trump’s decision to ban immigrants, especially of Muslim nations to be a mistake. And twin sons from his second marriage with Sydney Shapiro who is an actress. The company was seized during the Iranian revolution in 1979 and his family was forced to leave the country to move to the US. He replaced Kalanick's once-inviolable 14 values, which contained such items as "super pumped" and "always be hustlin'," with eight values focusing on "customer obsession." His $90 million stock was more than $180 million by then. Dara Khosrowshahi also has one son (Alex) and one daughter (Chloe) from his previous marriage. [3][5] His family founded the Alborz Investment Company, a diversified conglomerate involved in pharmaceuticals, chemicals, food, distribution, packaging, trading, and services. One of Whitman's supporters switched his vote to Khosrowshahi, breaking the deadlock and making him Uber's second full-time CEO. Dara Khosrowshahi. Khosrowshahi was previously CEO of Expedia Group, a company that owns several travel fare aggregators. Khosrowshahi has two children from his first marriage; a son, Alex and a daughter, Chloe. They lived in Tarrytown, New York. Kalanick favored Jeffrey Immelt, the former CEO of General Electric. They are blessed with twin sons, named Hugo Gubrit, and Hayes Epic. "[16]:330–331, In May 2019, Khosrowshahi led Uber in its initial public offering, which he addressed with employees in a company-wide letter. But destiny had something else planned. They have two sons Hugo Gubrit and Hayes Epic Khosrowshahi. It has been a productive year, but he still has an … He came with his family to the US as a 9-year-old refugee. But, he fortified his contract to become the CEO of Uber in August 2017. Education. in Electrical and Electronics Engineering from Brown University, where he was a member of the social fraternity Sigma Chi. Christophe Morin/IP3/Getty Images Venture firms. But Dara Khosrowshahi believes that the new ventures he envisions for the company will create more earning opportunities for their associated drivers. Uber started as a ride-hailing app. On December 12, 2012, Khosrowshahi married Sydney Shapiro, a former preschool teacher and actress. 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