New Uber CEO departs New York Times board

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Dara Khosrowshahi, the recently named CEO of Uber, is leaving the New York Occasions Firm’s board of administrators.

In accordance with a government filing, Khosrowshahi notified the NYT board on Thursday that he can be resigning from the position due to his new duties at Uber. The previous Expedia CEO had been on the board since 2015.

“Mr. Khosrowshahi’s determination to resign as a director was not as a consequence of any disagreements with the Firm on any matter referring to the Firm’s operations, insurance policies or practices,” stated the submitting. Khosrowshahi had served on the audit committee in addition to the know-how and innovation committee.

He wasn’t the one tech vet on the board. Brian McAndrews, former CEO of Pandora, and Rebecca Van Dyck, CMO of Fb’s Oculus, both have seats. 

The New York Occasions was recently criticized for not initially disclosing that Khosrowshahi was on its board when it wrote about him turning into the brand new Uber CEO. The media publication stated it regretted the error, however that Khosrowshahi’s board seat had no influence on its Uber protection.

The corporate’s inventory is up 53% in the past year. 

Featured Picture: Matthew Lloyd/Bloomberg by way of Getty Pictures

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