Uber Palo Alto adds to CEO Nikesh Arara’yi board

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CEO of Palo Alto Nikesh Arora, on January 16, 2024, in the annual meeting of Switzerland in Davos, CNBC’s Squawk Box.

Adam Galici | CNBC

Nikesh Araora, CEO Palo Alto networksjoins Uber‘s board, the company announced an arrangement quoted Wednesday.

This week is a broader executive shocking of a walking company that sees the deliver Pierre-Dimitri Gore-coty To leave after 13 years. Mobility head Andrew MacDonald, President and Chief Operating Officer, Uber’s first 2019 was presented.

“I am honored to join the Uber’s board because the company played a central role in trade in the trade of autonomous mobility around the world.” Arora said in a statement. “Uber has changed how people and goods have changed how the people and goods are through cities, and look forward to contributing to the company’s sustainable success.”

Arora has been Palo Alto and President and CEO since 2018. He was the director of the President and the General Director of Directors SoftBank Also positions on Google and T-Mobile. Arora has previously served in Softbank, Sprint, Colgate-Palgolive and others on the boards of others and is currently on the board of the Swiss Luxury Finance Holding Company.

“Nikesh is one of the great managers of the technology industry: a strategic and disciplined operator and a violent opponent” Uber CEO Dara Khosrovahi said. “We look forward to greeting him on the board and continue to develop our long-term strategy.”

Uber, especially in the Robotaxi space, comes as shetkup as the growing competition is facing.

Tesla plans for a long time Robotaxi is launched in Austria on June 12. AlphabetWaymo, which partner with Uber in Austin and Atlant, recently hit 10 million Paid-driving walks, through weekly walks, jumping 150% in less than a year.

Food Delivery opponent DOORDASH was aggressive expansion Delivery firm delivery and ordering platform in the last month.

The management may allow the more strategic role in a more strategic role, including MacDonald, which will control delivery, mobility and autonomy.

Happyhahi joined the Uber in 2017, joined the public in 2019 and the first operation in 2021. Since then, it has expanded the meal and delivery of regulatory issues and sold it in favor of companies such as Britain and England.

“I quickly know some questions about the future, so I have no plans to go everywhere in the world, but in addition to our go-all over the world,” Happowsi “employees in the internal memorandum.

Arora for the service of the Board, will receive a $ 60,000 per annum and receive a limited exchange exchange unit of $ 300,000.

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