Uber Technologies has appointed Indian-born Balaji Krishnamurthy as its new chief financial officer (CFO). He has been with the company for six years and currently serves as vice president of strategic finance and investor relations. According to reports, he will succeed Prashanth Mahendra-Rajah in this new role from February 16.
Who is Balaji Krishnamurti?
He is a strong supporter of the company’s self-driving ride-hailing program. During the company’s fourth-quarter earnings call, Krishnamurti said Uber would invest in AV software partners.
“After five years of 20%-plus growth, we will enter 2026 with strong momentum while remaining firmly on track to achieve our three-year growth and profit outlook,” incoming chief financial officer Balaji Krishnamurthy said in a statement.
He added: “With large and growing free cash flow, we will invest rigorously in numerous opportunities over the next few years, including positioning Uber to win in a self-driving future.“
according to his LinkedIn He received his bachelor’s degree in electronics and communications from Manipal Institute of Technology. He then pursued higher education at Copenhagen Business School. Later, he completed his MBA from Institute of Management Development, Gurgaon.
Krishnamurthy started his career as a regional manager and then as a research analyst. He served as a vice president at Goldman Sachs for eight years.
He joined Uber in 2019 as a senior manager and was recently named the company’s chief financial officer.
Social media reaction:
The news sparked a flurry of reactions on social media. One person wrote: “MDI Gurgaon There are some gems that lead many companies. ” Another commented: “Big move from Uber, let’s see how Balaji shapes the next chapter!” “
Uber CEO talks about change:
According to supervision Archivetalking about outgoing Uber CFO CEO Dara Khosrowshahi said: “I want to thank Prashanth for everything he has done for Uber. He has been an outstanding partner, helping us achieve investment grade status, leading our first-ever stock repurchase program and guiding us through several major acquisitions. We all wish him well in this exciting new opportunity and he will share more information soon. “
“For those who don’t know Balaji, he is trusted by investors, knows Uber’s business inside out, and is a talented and decisive strategist. He has worked closely with me and our management team for many years, and I am excited to have him serve as CFO as we embark on another important year for Uber. “
