Uber CEO Dara Khosrowshahi Steps Down from Aurora's Board, Signaling a Shift in Focus
Uber CEO Dara Khosrowshahi resigns from the board of self-driving truck startup Aurora Innovation to focus on leading Uber.
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Uber CEO Dara Khosrowshahi Steps Down from Aurora's Board, Signaling a Shift in Focus
Uber CEO Dara Khosrowshahi has resigned from the board of self-driving truck startup Aurora Innovation, effective Tuesday, January 1, 2025. This move signals a shift in Khosrowshahi's priorities, as he aims to concentrate on his leadership role at Uber and reduce his external board commitments. A Deep-Rooted Partnership Khosrowshahi's departure from Aurora's board comes after a significant period of collaboration between the two companies. In 2020, Uber offloaded its own self-driving unit, Uber ATG, to Aurora in a landmark deal. This strategic move involved Uber transferring its equity in ATG to Aurora and investing a substantial $400 million in the combined entity, securing a 26% stake in Aurora. As part of this agreement, Khosrowshahi joined Aurora's board, solidifying the partnership between the two companies. Beyond the Boardroom: A Continued Collaboration Despite Khosrowshahi's departure from Aurora's board, the collaboration between Uber and Aurora is far fro…