Uber's New CEO May Get at Least $200 Million to Exit Expedia
- Khosrowshahi had $184 million of unvested Expedia options
- ‘Stratospheric’ pay to lure CEO for turnaround: consultant
Expedia's Khosrowshahi Tapped to Lead Uber
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Uber Technologies Inc.’s new chief executive officer likely comes with a price tag in the neighborhood of $200 million.
Dara Khosrowshahi, who spent 12 years at the helm of Expedia Inc., held unvested stock options in that company worth $184.4 million as of Friday’s close in New York, according to data compiled by Bloomberg. Companies typically grant replacement awards to executives who must forfeit unvested equity when they leave before their employment terms have expired.