Date
24 November 2017
Brent Callinicos joined Uber in 2013 after serving as treasurer and chief accountant at Google. He will become an adviser to Uber. Photo: WSJ
Brent Callinicos joined Uber in 2013 after serving as treasurer and chief accountant at Google. He will become an adviser to Uber. Photo: WSJ

Uber finance chief quits

Uber Technologies Inc., the online taxi service, has confirmed that chief financial officer Brent Callinicos is stepping down.

Chief executive Travis Kalanick made the announcement in an e-mail to investors but has not named a replacement, Reuters reported Tuesday.

Gautam Gupta, described by Kalanick as “Brent’s right hand on strategic finance”, will be acting head of the finance division.

Callinicos joined Uber in 2013 after serving as treasurer and chief accountant at Google. He will be an advisor to Uber, the report said.

Uber, one of the most watched potential public company, was valued at US$41 billion in a funding round in December.

It is backed by a mix of high-powered investors such as venture firms Benchmark, First Round Capital and Google Ventures, Chinese Internet company Baidu Inc., mutual funds BlackRock Inc. and Fidelity Investments and even Qatar’s sovereign-wealth fund, according to the Wall Street Journal.

Kalanick has sought to bolster his management bench with technology veterans, including Amazon.com Inc. alum Jeff Holden, who became Uber’s product chief last year, and chief technology officer Thuan Pham, who joined in 2013 from VMWare Inc.

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CG/RA

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