On November 16, 2023, the Board of Directors of Uber Technologies, Inc. appointed Turqi Alnowaiser to the Board. Mr. Alnowaiser, 46, has served as Deputy Governor and Head of the International Investments Division at the Public Investment Fund, a sovereign wealth fund of the Kingdom of Saudi Arabia, since June 2021, and previously served as Head of International Investments at the Public Investment Fund from October 2016 to June 2021. Mr. Alnowaiser previously served as Senior Advisor at the Public Investment Fund from October 2015 to September 2016, prior to which he held several executive roles at Saudi Fransi Capital, a leading financial services firm based in Saudi Arabia, including as Head of Asset Management.
Before his career at Saudi Fransi Capital, Mr. Alnowaiser specialized in developing, managing, and regulating various financial products across asset classes at Morgan Stanley, the Capital Market Authority of Saudi Arabia, and the Saudi Industrial Development Fund. Mr. Alnowaiser has served on the board of directors of Lucid Group, Inc., a technology and automotive company focused on designing, developing, manufacturing, and selling electric vehicles, since April 2019 and has served as Chairman of the company's board, since April 2023. Mr. Alnowaiser has also served on the board of directors of Hapag-Lloyd AG, an international shipping and container transportation company, since February 2018.
Mr. Alnowaiser was nominated to serve on the Company's board of directors principally based on his financial services, regulatory and operational experience, particularly in his roles at the Public Investment Fund and his leadership experience in the Middle East. The Board has appointed Mr. Alnowaiser to serve on the Audit Committee.