03/17/2015 // West Palm Beach, Florida, US // JusticeNewsFlash // Justice News Flash // (press release)
California – The CFO of transportation service Uber is stepping down. As reported by WebProNews, Brent Callinicos, who has been the company’s Chief Financial Officer since 2013, recently announced that he would be leaving his position to spend more time with family.
Callinicos is quoted as saying in an email released by the Wall Street Journal, “For me, this ride is coming to an end. 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.”
Uber has reportedly not yet announced a replacement for Callinicos. The company’s CEO Travis Kalanick stated in a memo to investors of the change, “Almost 2 years ago, I brought on one of the great financial operators in Silicon Valley as our CFO. Though two years sounds short, Uber was a much smaller startup then – about 1/10th the size we are today. Brent has provided 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.”
Callinicos will reportedly serve as an “advisor” to the company.
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