Nationality Iranian American Name Dara Khosrowshahi | Salary $4.95 million (2011) Spouse(s) Sydney Shapiro | |
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Full Name Dara Khosrowshahi Occupation Expedia, Inc.President & CEO Website Expedia Inc. Executive Officers Similar People Hassan Khosrowshahi, Barry Diller, John C Malone, Richard Barton Profiles | ||
Expedia CEO Dara Khosrowshahi at the 2016 GeekWire Summit
Expedia CEO Dara Khosrowshahi at Skift Global Forum 2016
Dara Khosrowshahi (Persian: دارا خسروشاهی, [dɑː'ɾɑː xosɾo'ʃɑːhiː]) is an Iranian-American businessman and the CEO of Uber. Khosrowshahi was previously CEO of Expedia, Inc., an American travel company that owns and operates several international global online travel brands.
Contents
- Expedia CEO Dara Khosrowshahi at the 2016 GeekWire Summit
- Expedia CEO Dara Khosrowshahi at Skift Global Forum 2016
- Early life and education
- Career
- Awards and recognition
- Personal life
- References
Early life and education
Khosrowshahi was born in Iran, to a prominent family that founded the Alborz Investment Company, a diversified conglomerate involved in pharmaceuticals, chemicals, food, distribution, packaging, trading, and services. He is related to Canadian billionaire Hassan Khosrowshahi. His family immigrated to the United States just prior to the Iranian Revolution in 1978 after Alborz Investment was nationalized. He graduated from the Hackley School in Tarrytown, New York. In 1991, he graduated with a B.A. in electrical engineering from Brown University.
Career
In 1991, he joined the investment bank Allen & Company. In 1998, he left Allen & Company to work for one of his former clients, Barry Diller, first at Diller's USA Networks as an executive and later as CFO of IAC, another Diller company. In 2001, IAC Travel purchased Expedia, and in August 2005, Khosrowshahi was promoted as Expedia's CEO. Since then, Expedia has extended its global presence to more than 60 countries worldwide through Expedia, Hotels.com, and the Hotwire online booking brands, and the travel community sites of TripAdvisor Media Network. Ten years later, in 2015, Expedia awarded him $90 million in stock options as part of a long-term employment agreement, stating he would stay until 2020. In 2016 he was one of the highest paid CEO's in America. According to The Economist, 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."
He is also a board director for BET.com, Hotels.com and several other companies.
Khosrowshahi also sits on the board of the New York Times Company. Arthur Sulzberger, Jr., the publisher of the New York Times and chairman of The New York Times Company praised Khosrowshahi's "comprehensive digital and international experience, as well as significant financial expertise."
In August of 2017, Dara accepted his new role as the next CEO of Uber, where he will succeed founder Travis Kalanick.
Awards and recognition
In June 2013, Ernst & Young recognized Dara Khosrowshahi as a Pacific Northwest Entrepreneur of the Year award recipient. He is among the U.S. State Department's "List of Prominent Iranian Americans."
Personal life
In December 2012, he married Sydney Shapiro.
Khosrowshahi is an outspoken critic of the immigration policy of Donald Trump.