Uber hires ex-Merrill Lynch exec. Nelson Chai as new CFO [CNBC]
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Source: CNBC
Martin Ollman | Getty Images Uber has appointed former Merrill Lynch executive Nelson Chai as its new Chief Financial Officer ahead of a planned IPO, the company announced Tuesday. The pioneering ride-hailing company has been tightening up its finances as it prepares to go public next year. The most recent company-released numbers put Uber's valuation at around $60 billion . I'm incredibly excited to bring on someone as experienced and thoughtful as Nelson, CEO Dara Khosrowshahi said in a statement. He will be a great partner for me and the entire management team as we move towards becoming a public company. Here's Uber's full statement about the appointment: Uber today welcomed Nelson J. Chai as Chief Financial Officer. Nelson brings more than a decade of experience in senior positions at some of the world's leading publicly traded financial services and insurance companies. He joins Uber from the Chicago-based Warranty Group, an
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