Uber Elevates Balaji Krishnamurthy to CFO Role Effective February 16 The appointment will take effect from February 16, following the resignation of the current CFO, Prashanth Mahendra-Rajah.

By Entrepreneur Staff

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Balaji Krishnamurthy

Ride-hailing platform Uber has appointed Indian-origin executive Balaji Krishnamurthy as its new chief financial officer, marking a leadership transition at a time when the company is focused on sustaining profitability and long-term growth.

The appointment will take effect from February 16, following the resignation of the current CFO, Prashanth Mahendra-Rajah.

In a regulatory filing, Uber said, "Prashanth Mahendra-Rajah, Chief Financial Officer, will step down from his role on February 16, 2026. Balaji Krishnamurthy, currently Vice President, Strategic Finance, will assume the role of Chief Financial Officer on that date." Mahendra-Rajah will continue to support the company as a senior finance advisor reporting to chief executive officer Dara Khosrowshahi through July 1, 2026.

"For those who don't know Balaji, he is trusted by investors, knows Uber's business inside and out, and is a brilliant, decisive strategist," Khosrowshahi said, adding that Krishnamurthy has worked closely with the leadership team for several years.

Krishnamurthy, 41, joined Uber in 2019 and has held multiple leadership roles. He served as head of investor relations between 2020 and 2023 before being appointed vice president for strategic finance in 2023. Over this period, he has been closely involved in shaping Uber's financial strategy and investor communications.

An engineering graduate from Manipal Institute of Technology, Krishnamurthy later earned an MBA from the Management Development Institute in Gurgaon and completed an exchange programme at Copenhagen Business School. His academic background combines technical training with financial and managerial expertise.

Krishnamurthy said, "It is an honour to step into this important role at such an important time for Uber. As the undisputed global mobility and delivery leader, and with significant cash flows, we have the opportunity to further solidify our place as a generational technology company."

As CFO, Krishnamurthy will receive an annual base salary of USD 600,000 and will be eligible for Uber's executive bonus plan. He will also be granted stock-based compensation, including restricted stock units and stock options, subject to vesting conditions outlined in the filing.

Khosrowshahi also acknowledged Mahendra-Rajah's tenure, saying he played a key role in helping Uber achieve investment-grade status, launch its first share repurchase programme, and navigate several major acquisitions during a transformative phase for the company.

Entrepreneur Staff

Entrepreneur Staff

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