"During Uber's earnings call on Wednesday, Mahendra-Rajah shared insight into his departure, explaining that over the holidays, he reflected on Uber's progress, including delivering strong growth at scale, achieving investment-grade status, and returning significant cash to shareholders. "At the same time, a new opportunity presented itself, where I could serve America and give back to the country that has given me and my family so much," he said. "I look forward to sharing more on that soon.""
"Mahendra-Rajah will remain with Uber ( No. 101 on the Fortune 500) as a senior finance advisor to CEO Dara Khosrowshahi through July 1. His separation will be treated as a qualifying termination under Uber's Amended and Restated 2019 Executive Severance Plan, according to an SEC filing. Mahendra-Rajah succeeded Nelson Chai, who served as CFO from 2018 to 2023, helping lead Uber through its IPO and early post-IPO years. Chai is now the CEO of DailyPay."
Prashanth Mahendra-Rajah, who joined Uber in November 2023, will step down as CFO on Feb. 16 and be succeeded by Balaji Krishnamurthy, vice president of strategic finance. Mahendra-Rajah will remain with Uber as a senior finance advisor to CEO Dara Khosrowshahi through July 1, and his departure will be treated as a qualifying termination under Uber's executive severance plan. Mahendra-Rajah helped secure investment-grade status, launch the company's first share repurchase program, and guide several acquisitions. Krishnamurthy joined Uber in 2019, led investor relations from 2020–2023, and has led strategic finance since 2023.
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