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Read the memo Uber's board sent employees announcing its new CEO

Aug 30, 2017, 20:20 IST

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Uber officially has a new CEO in Dara Khosrowshahi, Uber's board announced Tuesday night.

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Khosrowshahi, the former CEO of Expedia, accepted the position Tuesday after being selected by Uber's board on Sunday.

The board announced the new CEO in a memo to employees, which Uber published on its website.

Uber's board, which includes ousted CEO Travis Kalanick, wrote in the memo that it unanimously voted for Khosrowshahi to take the helm of the ride-hailing giant.

Here's the full memo, which was signed by Kalanick, Uber cofounder Garrett Camp, Yasir Al Rumayyan of Saudi Arabia's Public Investment Fund, Matt Cohler of Benchmark Capital, former Uber exec Ryan Graves, Arianna Huffington, former Nestle CFO Wan Ling Martello, and TPG Capital's David Trujillo:

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