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Uber finance chief Chai reportedly set to depart after nearly five years

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Uber’s (NYSE:UBER) chief financial officer is reportedly planning an exit in what would be the most senior executive departure since the company went public.

CFO Nelson Chai has informed CEO Dara Khosrowshahi that he expects to move on, Bloomberg reports, though timing hasn’t been settled.

Chai has been with the company nearly five years, having joined Uber after it had operated without a CFO for more than three years, and guiding Uber through its 2019 initial public offering.

Uber said it wouldn’t comment on potential executive career decisions during a quiet period, but added “Over the past five years, Nelson has been essential to putting Uber on secure financial footing, steering the company from billions of dollars in losses” toward an operating profit.

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