Mobile-app-based transportation network Uber issending away its chief financial officer, Brent Callinicos, who came to the company from Google in September 2013, and oversaw its valuation shoot up to $40 billion and investments in the company rising to more than $4 billion.
Last week, Google’s CFO Patrick Pichette announced that he wants to stop working and go backpacking with his wife. Is it a double-date? Will more CFO’s of major tech outfits join the campers?
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
On Monday, Callinicos sent an email to Uber employees, saying he wanted to spend more time with his wife and daughter.
“For me, this ride is coming to an end, ” Callinicos said. “After 26 years of nonstop work since MBA School, I am going to step back and spend some time with my family and let someone else take this amazing company to the next level as CFO.”
Gautam Gupta, a vice-president who came to Uber from Goldman Sachs two years ago, is now Uber’s acting CFO while they search for Callinicos’ replacement is sought.
Uber chief executive Travis Kalanick sent a memo to investors, saying Callinicos had been a source of “critical leadership to take Uber to the next level as we matured as a company. We have financial systems in place overseeing operations in 53 countries. We have a deep bench of talent poised to help our finance organization grow with the business.”