SAN FRANCISCO (Feb 18, 2026) — Long-time Uber veteran Balaji Krishnamurthy has officially assumed the role of Chief Financial Officer (CFO), succeeding Prashanth Mahendra-Rajah. The transition, which became effective this week, marks a significant internal promotion as Uber leans into an “asset-light” future driven by autonomous vehicles.
A Strategic Internal Promotion
Krishnamurthy’s elevation follows a highly successful six-year tenure at the ride-hailing giant:
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The Journey: He joined Uber in 2019 and most recently served as the VP of Strategic Finance. He previously headed Investor Relations (2020–2023), where he was instrumental in stabilizing Uber’s narrative for Wall Street.
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The “Robotaxi” Bull: Krishnamurthy is widely regarded as a champion of Uber’s autonomous vehicle (AV) strategy, advocating for partnerships with software and hardware providers to scale driverless fleets globally.
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Financial Package: According to SEC filings, his new role includes an annual base salary of $600,000 along with a significant equity package tied to performance milestones.
Ensuring a Smooth Transition
While Prashanth Mahendra-Rajah has stepped down from the CFO post to pursue a new opportunity, he isn’t leaving just yet.
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Senior Advisor: He will remain with the company as a Senior Finance Advisor to CEO Dara Khosrowshahi until July 1, 2026, ensuring a seamless handover of the company’s capital allocation and reporting functions.
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Legacy: Mahendra-Rajah is credited with leading Uber to its first-ever share buyback program and securing its investment-grade credit status.
Uber’s Financial Road Ahead
As Krishnamurthy takes the reins, Uber is entering 2026 with strong momentum, reporting a 20% revenue jump to $14.37 billion in its latest quarterly results. His primary focus will be “investing with discipline” in AV infrastructure and maintaining the company’s trajectory toward consistent profitability.
