Uber elevates Balaji Krishnamurthy as CFO

Global ridesharing major Uber has appointed long-time insider Balaji Krishnamurthy as its new Chief Financial Officer, marking another leadership transition in the company’s finance function as it sharpens focus on autonomous mobility.

Krishnamurthy succeeds Prashanth Mahendra-Rajah, who stepped down from the CFO role on February 16 after a brief tenure that began in November 2023. 

The outgoing finance chief will remain with the company as senior finance advisor to CEO Dara Khosrowshahi through July 1, 2026, to support a smooth transition.

A seasoned Uber executive, Krishnamurthy previously served as vice president of strategic finance. Since joining the company in 2019, he has held several senior responsibilities, including leading investor relations from 2020 to 2023. In these roles, he played a key part in shaping Uber’s financial strategy and strengthening engagement with the investment community.

Announcing his new role, Krishnamurthy expressed confidence in the company’s momentum. He highlighted Uber’s “accelerating core business,” strong and growing cash flows, and the company’s continued innovation, particularly in autonomous vehicles, as key pillars for the next phase of growth.

“It is a privilege to take on this role at such an important moment,” he said, noting that the company plans to deploy its expanding cash flows strategically to fund long-term growth while also returning excess capital to shareholders.

The leadership change comes as Uber intensifies its push into autonomous mobility and robotaxi initiatives, areas Krishnamurthy has publicly supported as central to the company’s future.

Mahendra-Rajah’s departure makes Krishnamurthy the third CFO at Uber in just over three years. Mahendra-Rajah had succeeded Nelson Chai, who served as CFO from 2018 to 2023 and helped steer the company through its IPO and early post-listing phase. Chai currently serves as CEO of DailyPay.

The latest appointment signals Uber’s preference for internal continuity in finance leadership as it balances profitability goals with heavy investments in next-generation mobility.