August 30, 2018

Uber CEO reflects on one year at the company


Uber CEO Dara Khosrowshahi doesn't believe in regrets, but as he looks back on his first year leading the company, he sees one thing he'd like to have changed more quickly.

Uber's corporate culture was in dire need of an overhaul when Khosrowshahi took the job. He's made progress, but in an interview with CNNMoney ahead of his one-year anniversary as chief executive, Khosrowshahi said, "If there's one area that I would have liked to change faster, it is to execute more fully on our cultural transformation as a company internally, across all levels at the company."

"It will never be done," he said. "It's a continuous exercise. If I talk to you next year, I hope to be further along on the exercise than I am right now."

It was one year ago Monday that word leaked that Khosrowshahi was leaving a comfy gig as the head of Expedia to lead what was at the time the most dysfunctional company in tech. Founder and CEO Travis Kalanick had made such a mess of things that the board finally pushed him out four months after harassment and sexism allegations rocked the company.

Get the full story at CNN Money

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