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Will Uber change its toxic culture?

Tom Fox | August 28, 2017

Dara Khosrowshahi was been named as the new chief executive of Uber Technologies, Inc. He was hired away from Expedia, the travel bookings Website. Khosrowshahi certainly has his hands full as Uber does not currently have the following positions filled: SVP of business, no formal No. 2, no chief operating officer (COO), no chief financial officer (CFO), no general counsel (GC), no chief marketing officer, no SVP of engineering or chief diversity officer. It probably should go without saying the company does not have a CCO or anyone who might be responsible for compliance and ethics at the company.

For The Man From FCPA, it is this final opening which, at the end of the day, may be the most critical. Obviously, the tone set by former CEO Travis Kalanick was devoid of anything close to compliance and ethics. But there was also a failure at the board of directors level to reign in the toxic culture prior to its termination of Kalanick as CEO. The board has taken steps to... To get the full story, subscribe now.