Uber's New CEO Wants To Take The Company Public

Uber’s new chief executive Dara Khosrowshahi says the ride-hailing company could go public in 18-36 months.

AutoNews reports that the former head of Expedia made the suggestion while introducing himself at a staff meeting at Uber’s headquarters in San Francisco.

While speaking to employees, Khosrowshahi said “This company has to change. What got us here is not what's going to get us to the next level."

Beyond his long-term ambitions for the company, Khosrowshahi said Uber needs to recruit a chief financial officer and a chairman to help run the board. The company also lacks a head of engineering or general counsel.

Khosrowshahi’s appointment as chief executive comes after months of controversy surrounding Uber which included a short-lived autonomous-vehicle roll-out in San Francisco, co-founder Travis Kalanick insulting an Uber driver and an ongoing lawsuit from Waymo which alleges the firm stole trade secrets and copied elements of Google’s self-driving system.