Uber Adds Palo Alto CEO Nikesh Arora to Board Amid Executive Shakeup

Uber Technologies has appointed Nikesh Arora, CEO and Chairman of Palo Alto Networks, to its board of directors as part of a broader leadership reshuffle. Arora brings extensive experience in technology, finance, and cybersecurity, which Uber hopes will support its growth and innovation, especially in autonomous mobility. This appointment coincides with the departure of Pierre-Dimitri Gore-Coty, head of Uber's delivery business, and the promotion of Andrew Macdonald to Chief Operating Officer, Uber's first since 2019. Uber CEO Dara Khosrowshahi praised Arora as a strategic and disciplined leader, emphasizing the importance of his role as the company faces intensified competition in the robotaxi and delivery sectors from Tesla and Waymo. The announcement positively impacted Uber's stock price, which saw a notable increase, and also influenced investor sentiment in related cryptocurrency markets tied to technology and decentralized services. As Uber advances its long-term strategy, this leadership bolstering aims to enhance its position in commercializing autonomous and tech-driven mobility solutions globally.