Particle.news
Download on the App Store

Uber Elevates Balaji Krishnamurthy to CFO as Q4 Strength Fuels AV Push

The planned handover underscores Uber’s push to channel rising cash flows into autonomous‑vehicle partners.

Overview

  • Balaji Krishnamurthy becomes CFO on February 16, replacing Prashanth Mahendra-Rajah, who will advise CEO Dara Khosrowshahi through July 1, 2026.
  • On the earnings call, Krishnamurthy detailed plans to invest in AV software partners, work with vehicle makers via equity or offtake agreements, and support AV infrastructure providers.
  • CEO Dara Khosrowshahi set targets to facilitate autonomous trips in up to 15 cities by the end of 2026 and to become the largest AV trip facilitator by 2029.
  • Uber reported fourth-quarter revenue of $14.37 billion, up 20% year over year, supported by strong demand in delivery.
  • Krishnamurthy’s compensation includes a $600,000 salary plus equity awards, and his background spans investor relations and an AV focus that includes a board seat at Waabi.