Nikesh Aurora, CEO of Palo Alto Networks, appeared in CNBC’s “Squac Box” at the WEF Annual meeting held on January 16, 2024 in Davos, Switzerland.
Adam Galisi | CNBC
Nikesh Araoura, CEO Paulo Alto NetworksIs joining UberThe Board of Directors, the company announced in the controller Composer Wednesday.
This week comes in the midst of a spacious executive shakeup at the Ride-Healing Company, which saw the head of the distribution Pierre-dimitry gor-crores Exit after 13 years. The head of mobility, Andrew McDonald, was promoted to the President and Chief Executive, the first of the Uber since 2019.
“Since the company is playing an important role in commercializing autonomous mobility around the world, I have respect for joining the Uber Board at such an exciting time,” Arora said in a statement. “Uber has already transformed how people and goods move through cities, and I look forward to contributing to the company’s continued success.”
Aurora has been the President and CEO of Palo Alto since 2018. Before that he was the President and the Chief Executive Sagle And Google and T-bone. Aurora has previously served the boards of SoftBank, Sprint, Colgate-Pamolive and others and is currently sitting on the board of Swiss luxury-Goods Holding Company.
“One of the greatest executives of the Nikesh technology industry: a strategic and a disciplined operator and an intense rival,” Uber CEO Dara Dara Dara Khosroshi said in a statement. “We are thrilled to welcome them to the board. And we look forward to their contributions as we continue our long -term strategy.”
Shakeup comes as Uber faces increased competition, especially in the robotoxy space.
Tesla is planning its long -awaited project Robotoxy launch In Austin on June 12th. Alphabet-Astin and partner with Uber in Atlanta -Vemo, recently hit, hit 10 million Paid driverless rides, weekly rides, jump 150% in less than a year.
The Food Delivery Respondent Doordash is aggressive Expansion The distribution company deliver and booking platform seven rooms last month.
Maintenance changes, including the height of McDonald, the supervision of delivery, mobility and autonomy, allow Khoshoshashi to play a more strategic role.
Khosroshi joined Uber in 2017 and brought publicly in 2019 and publicly to the benefit of its first operation in 2021. Since then, he has expanded the Eates and the distribution business, facilitated the regulatory issues, and has sold the AV unit inside the house of Uber in favor of companies such as Woo and UK Wave.
“I recognize that the change can inspire some questions about my future, so I make it clear: I have no plan to go anywhere soon-except for the world that is trying to keep our growing footprint,” he told employees in an internal memory announcing the change.
For their board service, Aurora will receive $ 60,000 annual cash -saving those who have an annual cash and a year, 000 300,000 restricted stock units, the filing said.
