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Uber elevates Balaji Krishnamurthy as CFO
CALIFORNIA: Uber has turned to an insider to mind the money. The ride-hailing giant has elevated Balaji Krishnamurthy as chief financial officer, tightening its grip on financial strategy as growth motors ahead.
The appointment takes effect on February 16, 2026. Krishnamurthy replaces Prashanth Mahendra-Rajah, who will step down but stay on as a senior finance adviser to chief executive Dara Khosrowshahi until July 1, 2026.
Krishnamurthy is no stranger to Uber’s books. Currently vice president, strategic finance, he joined in 2019 and ran investor relations from 2020 to 2023, giving him a front-row seat to the firm’s market story.
Uber was keen to dampen any drama. Mahendra-Rajah’s departure, it said, has nothing to do with disputes over disclosures or accounting. His exit will count as a qualifying termination under the firm’s executive severance plan.
The reshuffle arrived alongside solid numbers. In the October–December quarter, trips climbed 22 per cent year on year to 3.8bn, powered by an 18 per cent rise in monthly active platform consumers. Gross bookings jumped 22 per cent to $54.1bn, while revenue rose 20 per cent to $14.4bn.
The message is clear: Uber’s engine is humming, and it wants a steady hand on the tiller. In a business built on speed, the real test is not just how fast you grow, but how well you count the fare at the end of the ride.
