Uber names ex-Justice Department official its first chief compliance officer
Uber Technologies Inc. has tapped a former top official at the U.S. Justice Department to be its first chief compliance officer, as the ride-hailing giant seeks to move past a series of regulatory problems and other controversies ahead of a highly anticipated initial public offering next year.
Uber is set to announce to staff Tuesday the hiring of Scott Schools, who stepped down last week as the Justice Department’s highest-ranking career official and a close adviser to Deputy Attorney General Rod Rosenstein.
Schools, 56, said in an interview that Uber began courting him in February. He is among a spate of high-level hirings since Chief Executive Dara Khosrowshahi joined Uber last September, including operations chief Barney Harford and general counsel Tony West, a former high-ranking Obama Justice Department official, to whom Schools will report.
Schools leaves an agency that has been in turmoil to join a startup that has been one of Silicon Valley’s most embattled companies. Uber is the subject of at least five federal investigations, looking into issues including into its pricing practices, accusations of bribery by Uber executives abroad, and the company’s use of software designed to evade local officials tracking its operations. It is also contending with lingering questions about past sexual harassment allegations, and federal investigators probing the safety of its self-driving vehicle program after a fatal accident earlier this year.
An expanded version of this report appears on WSJ.com.
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