Uber CEO Dara Khosrowshahi Steps Down From Grab Board
Uber CEO Dara Khosrowshahi has resigned from Grab’s Board of Directors bringing to a close a board tenure that reportedly began in 2018.
Grab has announced that Uber CEO Dara Khosrowshahi has resigned from its Board of Directors with immediate effect, bringing to a close a board tenure that reportedly began after Uber exited Southeast Asia’s ride-hailing business in 2018.
The resignation comes as Grab continues efforts to complete its proposed acquisition of foodpanda’s Taiwan operations. While the company acknowledged the timing of the board transition, it did not cite any reason beyond the ongoing acquisition process.
Khosrowshahi joined Grab’s leadership structure following Uber’s sale of its Southeast Asian business to Grab in 2018, initially serving on the board of Grab’s former subsidiary. He later became a director of Grab after the company went public.
Commenting on the development, Grab Co-founder and Group CEO Anthony Tan thanked Khosrowshahi for his years of service. He said, “He has provided invaluable perspective on building global technology platforms.”
According to People Matters, Grab also clarified that the leadership change will have no impact on Uber’s investment in the company. The company said Uber’s economic interest remains unchanged despite Khosrowshahi’s departure from the board.
Following the resignation, Grab’s Board of Directors now consists of six members, four of whom are independent directors. The company did not announce any new board appointments or executive leadership changes alongside the development.
The board transition comes at a time when Grab is seeking to strengthen its regional footprint through the proposed acquisition of foodpanda’s Taiwan business. If completed, the deal would expand Grab’s position in Taiwan’s highly competitive food delivery market and support its broader growth strategy across Southeast Asia.
With Khosrowshahi stepping down from the board, Grab will continue its strategic expansion plans while Uber remains one of the company’s investors.
Grab has announced that Uber CEO Dara Khosrowshahi has resigned from its Board of Directors with immediate effect, bringing to a close a board tenure that reportedly began after Uber exited Southeast Asia’s ride-hailing business in 2018.
The resignation comes as Grab continues efforts to complete its proposed acquisition of foodpanda’s Taiwan operations. While the company acknowledged the timing of the board transition, it did not cite any reason beyond the ongoing acquisition process.
Khosrowshahi joined Grab’s leadership structure following Uber’s sale of its Southeast Asian business to Grab in 2018, initially serving on the board of Grab’s former subsidiary. He later became a director of Grab after the company went public.
Commenting on the development, Grab Co-founder and Group CEO Anthony Tan thanked Khosrowshahi for his years of service. He said, “He has provided invaluable perspective on building global technology platforms.”
According to People Matters, Grab also clarified that the leadership change will have no impact on Uber’s investment in the company. The company said Uber’s economic interest remains unchanged despite Khosrowshahi’s departure from the board.
Following the resignation, Grab’s Board of Directors now consists of six members, four of whom are independent directors. The company did not announce any new board appointments or executive leadership changes alongside the development.
The board transition comes at a time when Grab is seeking to strengthen its regional footprint through the proposed acquisition of foodpanda’s Taiwan business. If completed, the deal would expand Grab’s position in Taiwan’s highly competitive food delivery market and support its broader growth strategy across Southeast Asia.
With Khosrowshahi stepping down from the board, Grab will continue its strategic expansion plans while Uber remains one of the company’s investors.