Bellevue’s Expedia CEO moves to Uber | Update

Expedia CEO Dara Khosrowshahi. Photo courtesy of Expedia, Inc.

The CEO of Bellevue-based Expedia, Dara Khosrowshahi, has officially accepted the job as CEO of Uber.

According to several national news outlets, he’s indicated he will accept the role in a note to Expedia employees on Tuesday. His new gig started Wednesday morning.

News quickly broke of Uber’s board pick, which occurred on Sunday, but Khosrowshahi was urged not to confirm until Uber employees had been officially notified.

In an email filed Monday with the Securities and Exchange Commission, Expedia Chairman and Senior Executive Barry Diller wrote to all Expedia, Inc. employees that Khosrowshahi, who has led Expedia for 12 years, has been asked to lead Uber but “nothing has been yet finalized.”

“… But having extensively discussed this with Dara I believe it is his intention to accept,” Diller wrote. “I also know the struggle he has been having out of both his abiding enthusiasm for Expedia’s future as well as his loyalty to all of us.”

Diller said Khosrowshahi wanted to communicate with his employees about the potential change, but Diller has requested he hold off until it is “fully resolved.”

“If Dara does leave us, it will be to my great regret but also my blessing – he’s devoted 12 great years to building this company and if this is what he wants for his next adventure, it will be with my best wishes,” Diller wrote. “I say that because he deserves nothing less and I say that also because he will leave behind a tremendously talented corps of executives …”

Khosrowshahi’s move replaces CEO Travis Kalanick, who resigned last June during the #DeleteUber movement.

Recode, a tech blog, first reported the news that Uber’s board picked Khosrowshahi among two other candidates – Hewlett Packard Enterprise CEO Meg Whitman and former General Electric CEO Jeff Immelt.

According to Expedia, during Khosrowshahi’s leadership, the travel company grew to be one of the largest in its industry throughout the world. While at Expedia, he was a member of the board of directors of Fanatics Inc and The New York Times Company, among others. Before he was CEO of Expedia, he was CEO of IAC Travel, a division of InterActiveCorp. He also worked at Allen & Company LLC for seven years where he was vice president. Khosrowshahi earned his bachelor’s degree in engineering from Brown University.

Expedia is located at 333 108th Ave. NE in Bellevue. Uber is based out of San Francisco.

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