Uber elevates Balaji Krishnamurthy as CFO

Ride hailing company Uber has appointed Balaji Krishnamurthy as its new chief financial officer. He will replace Prashanth Mahendra Rajah, who is stepping down from the role. The transition is expected to take effect later this month.

Krishnamurthy joined Uber in 2018 and has held several senior roles including vice president of corporate finance and head of investor relations. In these roles, he worked closely with the company’s leadership on capital allocation, financial planning and engagement with global investors. He has also represented Uber at investor events and earnings calls.

The appointment was announced alongside Uber’s latest quarterly earnings. The company reported revenue above analyst estimates but posted a miss on profit expectations. Uber also issued guidance that was below market expectations for the upcoming quarter.

Krishnamurthy has publicly spoken about autonomous vehicles and Uber’s robotaxi initiatives through interviews and social media posts. Uber has announced partnerships with autonomous vehicle companies and plans to deploy self driving cars on its platform in select global markets. 

The company has previously stated that autonomous rides will be launched in multiple cities over the next few years.