Uber Technologies has appointed Indian-origin Balaji Krishnamurthy as its new Chief Financial Officer (CFO). He is a six-year veteran of the company and currently serves as Vice President of Strategic Finance and Investor Relations. He will reportedly assume this new role from February 16, replacing Prashant Mahendra-Raja.
Who is Balaji Krishnamurthy?
He is a strong supporter of the company’s autonomous ride-hailing efforts. On the company’s fourth-quarter earnings call, Krishnamurthy said Uber will invest in AV software partners.
“After five years of 20%+ growth, we are entering 2026 with strong momentum, while remaining solidly on track to deliver on our three-year growth and profit vision,” incoming CFO, Balaji Krishnamurthy said in a statement.
He added, “With large and growing free cash flow in the coming years, we will invest with discipline in multiple opportunities, including positioning Uber to win in the AV future.“
According to his LinkedIn profile, he completed BE in Electronics and Communications from Manipal Institute of Technology. He then received higher education at Copenhagen Business School. Later, he completed his MBA from Management Development Institute, Gurgaon.
Krishnamurthy started his career as an area manager and then worked as a research analyst. For 8 years, he served as Vice President at Goldman Sachs.
He joined Uber as a senior manager in 2019 and was recently appointed as the company’s CFO.
Reactions on social media:
The news has prompted a series of reactions on social media. One person wrote, “MDI Gurgaon has some gems who are leading many companies.” Another commented, “Big step for Uber, let’s see how Balaji shapes the next chapter!”
Uber CEO on changes:
According to a regulator filedTalking about Uber’s outgoing CFO ceo Dara Khosrowshahi said, “I want to thank Prashant for everything he has done for Uber. He has been a great partner in getting us investment-grade status, leading our first share repurchase program, and leading us through several major acquisitions. We all wish him the best of luck in an exciting new opportunity, about which he will share more details soon.”
“For those who don’t know Balaji, he is trusted by investors, knows the Uber business inside out and is a brilliant, decisive strategist. He has worked closely with me and our management team for years, and I’m thrilled to have him step in as CFO as we embark on another big year for Uber,” he continued about Balaji Krishnamurthy.