Ride-hailing major Uber has elevated Balaji Krishnamurthy as its new Chief Financial Officer, marking a key leadership transition at the global mobility platform. Krishnamurthy will succeed Prashanth Mahendra Rajah, who is stepping down from the role. The transition is expected to take effect later this month.
Krishnamurthy has been with Uber since 2018 and has held several senior leadership positions, including Vice President of Corporate Finance and Head of Investor Relations. During his tenure, he played a central role in shaping Uber’s capital allocation strategy, long-term financial planning, and engagement with global institutional investors. He has also been a regular representative of the company at earnings calls and major investor forums.
The appointment was disclosed alongside Uber’s latest quarterly earnings announcement. While the company reported revenue that exceeded analyst expectations, it fell short on profitability estimates and issued forward guidance that came in below market expectations, leading to cautious sentiment among investors.
As CFO, Krishnamurthy is expected to focus on financial discipline, margin expansion, and capital efficiency as Uber continues to balance growth across mobility, delivery, and freight segments amid a challenging global macro environment.
Beyond finance, Krishnamurthy has been closely associated with Uber’s long-term strategic initiatives, particularly in autonomous mobility. He has previously spoken publicly about the company’s views on self-driving technology and its evolving robotaxi strategy. Uber has announced multiple partnerships with autonomous vehicle developers and has reiterated plans to deploy self-driving cars on its platform in select global markets.
The company has indicated that autonomous rides could be rolled out across multiple cities over the next few years, positioning autonomy as a potential driver of long-term cost efficiency and scalability.
The leadership change comes at a time when Uber is navigating slower growth in some markets while investing in future technologies to sustain its global leadership in on-demand transportation.
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