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Uber has finally found a CFO
(Uber CEO Travis Kalanick.REUTERS/Adnan Abidi)
Uber finally has a CFO.
And, according to an H-1B visa application filed by the company, Uber may have had one since January, despite not making a public announcement.
Uber's CFO role had been an open position since March 2015, when Brent Callinicos stepped down from the role. Yet Uber has stridently avoided publicly naming a replacement or interim chief financial officer, referring to its highest-ranking finance employee, Gautam Gupta, only as its head of finance.
Yet, an application for non-immigrant workers shows that Uber promoted an unnamed internal employee on January 16 to the role of chief financial officer. The job has a base annual salary of $213,000, according to the filing.
Uber's legal team swore in the legal application that the statements were "true and accurate," meaning Uber has had a CFO at least on paper for the past nine months, if by title alone.
(Labor Condition Application)
That person is most likely Gupta, the head of finance, considering he has been running Uber's monthly investor phone calls and has taken on the responsibilities since Callinicos' departure.
Publicly, though, and for reasons unclear, Uber has yet to acknowledge it has a CFO. The company declined to comment on the visa application uncovered by Business Insider or acknowledge whether Gupta holds the title.
Uber has repeatedly declined to comment on its CFO plans, including in an earlier Business Insider report about the CFO search in January, which was a week after the visa application had been filed. In February, Uber told The Wall Street Journal that it had a "deep bench" of employees and hadn't searched for a CFO, but it still did not acknowledge that an employee had been promoted to the position.
Many have speculated that Uber's hesitance to formally name a CFO has been because the company is prepping to go public. Hiring a CFO experienced in initial public offerings — something Gupta is not — would officially start the clock ticking on when Uber would go public. An IPO is already something CEO Travis Kalanick has said he wants to put off until "as late as humanly possible."
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