8-KLeadership Changes

Uber Technologies, Inc 8-K Report, Executive Changes (Jun 7, 2019)

Filed June 7, 2019For Securities:UBER

Summary

Uber Technologies, Inc. filed an 8-K on June 7, 2019, announcing significant leadership and organizational changes. The report details the departures of Chief Operating Officer Barney Harford and Chief Marketing Officer Rebecca Messina. These changes are part of a broader restructuring aimed at streamlining operations and leadership reporting. In response to these departures, Uber has promoted Andrew Macdonald to Senior Vice President, Global Rides, consolidating several key operational and business units under his purview. Jason Droege will continue to lead Uber Eats, with both Macdonald and Droege reporting directly to CEO Dara Khosrowshahi, now co-managing the Core Platform business segment. Jill Hazelbaker will absorb the Marketing function into her existing responsibilities for Policy and Communications. These moves indicate a shift towards a more centralized leadership structure and a focus on core business segments.

Key Highlights

  • 1Departure of Chief Operating Officer Barney Harford and Chief Marketing Officer Rebecca Messina announced.
  • 2Barney Harford will remain with the company until July to facilitate a smooth transition.
  • 3Andrew Macdonald promoted to Senior Vice President, Global Rides, overseeing Rides, Community Operations, Safety, Insurance, and Uber for Business.
  • 4Jason Droege will continue to lead Uber Eats.
  • 5Andrew Macdonald and Jason Droege will report directly to CEO Dara Khosrowshahi as co-managers of the Core Platform business segment.
  • 6Jill Hazelbaker will assume responsibility for the Marketing function, in addition to her current role overseeing Policy and Communications.

Frequently Asked Questions

The 8-K reports the departures of Chief Operating Officer Barney Harford and Chief Marketing Officer Rebecca Messina. It also announces the promotion of Andrew Macdonald to Senior Vice President, Global Rides, and that Jill Hazelbaker will take on the Marketing function.

Andrew Macdonald (Global Rides) and Jason Droege (Uber Eats) will now report directly to CEO Dara Khosrowshahi, serving as co-managers of the Core Platform business segment. This centralizes reporting for these critical areas under the CEO.

Barney Harford will remain with Uber until July 2019 to assist in the transition of his responsibilities.

Jill Hazelbaker, who currently leads Policy and Communications, will now also be responsible for the Company's Marketing function.