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New Uber CEO Hints at 2019 IPO as He Takes Over Troubled Startup
- Dara Khosrowshahi addressed employees for first time Wednesday
- Kalanick praises his successor in emotional transfer of power
What Uber's New CEO Said in First Address to Employees
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One of Dara Khosrowshahi’s first tasks at Uber Technologies Inc. will be coming up with a new set of core principles. Uber’s board ripped up parts of the original list of 14 corporate values, authored years ago by co-founder Travis Kalanick, after they were used by employees to justify malicious behavior around the office.
Rewriting the company’s ethical code will be a symbolic way for the newly appointed chief executive officer to put his stamp on a company scarred by months of management turmoil, allegations of widespread sexual discrimination and mounting legal threats.