Bloomberg Law
Aug. 30, 2017, 9:46 PM UTC

New Uber CEO Hints at 2019 IPO as He Takes Over Troubled Startup

Bloomberg Media

By Gerrit De Vynck and Eric Newcomer, Bloomberg News

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 ...

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