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Reuters
Reuters
Business

Uber picks VMware's Zane Rowe as CFO: Bloomberg

The logo of Uber is pictured during the presentation of their new security measures in Mexico City, Mexico April 10, 2018. REUTERS/Ginnette Riquelme

(Reuters) - Uber Technologies Inc has picked VMware Inc's <VMW.N> Zane Rowe as the top candidate for chief financial officer to lead preparations for the ride-hailing company's initial public offering in 2019, Bloomberg reported on Wednesday.

The Silicon Valley startup is in advanced talks with Rowe, who is currently CFO at VMware, Bloomberg reported, citing people familiar with the matter.

An agreement has not been finalized yet and talks could still fall through, Bloomberg said citing one of the sources.

Uber's board of directors has agreed to take the company public in 2019 and is searching for a chief financial officer to lead this effort. The position has been vacant since 2015.

VMware declined to comment. Uber was not immediately available for comment outside regular U.S. business hours.

(Reporting by Subrat Patnaik in Bengaluru; Editing by Sunil Nair)

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