Uber appoints new CFO as its AV plans accelerate

Core Insights - Uber is promoting Balaji Krishnamurthy to CFO, replacing Prashanth Mahendra-Rajah, indicating a strategic shift in financial leadership [1][7] Group 1: Leadership Changes - Balaji Krishnamurthy has been with Uber for over six years, primarily in investor relations, suggesting continuity in financial strategy [2] - Mahendra-Rajah is leaving after three years, marking a significant leadership transition [7] Group 2: Autonomous Vehicle Strategy - Krishnamurthy emphasized investment in autonomous vehicle (AV) software partners and infrastructure, indicating a focus on expanding Uber's AV operations [3] - CEO Dara Khosrowshahi highlighted the potential of AVs to unlock a multi-trillion dollar opportunity, with plans to facilitate AV trips in 15 cities by 2026 and become the largest AV trip facilitator by 2029 [4] Group 3: Financial Performance - Uber's revenue for Q4 reached $14.37 billion, a 20% increase year-over-year, driven by strong demand for food delivery services [5]