Chai, an MBA graduate from the Harvard Business School, has worked in CIT Group for over five years and he served there as President recently. Before that, the investment banker served as finance chief of Merrill Lynch.
“He will be a great partner for me and the entire management team as we move towards becoming a public company,” said Dara Khosrowshahi, Uber CEO.
Last week, Uber reported its second-quarter results, in which revenue surged more than 60% and bookings grew above 40%. The company narrowed its net loss to $891 million from the $1.06 billion loss reported in the year-ago quarter.
Currently, Nelson Chai serves as a director on Thermo Fisher Scientific’s (TMO) Board and is also a member of the national board of directors of the US Fund for UNICEF.
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