Uber has appointed Balaji Krishnamurthy as its new Chief Financial Officer. Krishnamurthy, who has spent more than six years at Uber in strategic finance and investor relations, replaces Prashanth Mahendra-Rajah, who is leaving after three years in the role. During the company’s fourth-quarter earnings call, Krishnamurthy said Uber plans to deploy capital into autonomous software partners, take equity stakes in vehicle makers, and support infrastructure providers through long-term supply and offtake agreements. He said, “With large and growing free cash flows, over the coming years we will invest with discipline across a multitude of opportunities, including positioning Uber to win in an AV future.”
Uber’s leadership sees autonomy as a major driver of future growth. Chief Executive Dara Khosrowshahi said the company expects to support autonomous vehicle trips in up to 15 cities by the end of 2026, split between the U.S. and overseas markets, and aims to become the largest facilitator of such trips by 2029. Uber already works with more than 20 AV companies, including Waymo, Wayve, WeRide, and Momenta, and has made direct investments in firms such as Waabi, Nuro, and Lucid. The strategy comes as the company reported fourth-quarter revenue of $14.37 billion, up 20% year on year, driven in part by strong food delivery demand.
