VMware CFO Poised to Turn Down Uber Finance Chief Position

By Megha Shah - Last Updated on May 18, 2018

VMware’s Chief Financial Officer, Zane Rowe, indicated he will not accept the offer to become Uber’s new Chief Finance Officer, as reported by the Wall Street Journal.

Early last year, the ride-hailing company was undergoing a string of resignations at its executive level. In an attempt to fill one of these spots, the company picked Rowe as the top candidate for the Chief Financial Officer’s job.

Rowe held the CFO position at VMware’s former parent company, EMC, before replacing Jonathan Chadwick at VMware in January 2016—before Dell closed its acquisition of EMC. Before that, he led North America sales for Apple. Rowe also represents VMware on the board of Pivotal Software, a spin-out from EMC and VMware that had its IPO last month.

Uber’s Chief Executive Officer, Dara Khosrowshahi, is under pressure from the board of directors and investors to find a new CFO ahead of its IPO scheduled for early next year. The CFO position at the company has been vacant since 2015.

“We are not commenting on the rumor and speculation, other than to say that Zane Rowe remains VMware’s CFO,” a spokesman for VMware said.

Uber declined to comment.

Megha Shah | A dreamer, traveler, aspiring entrepreneur and a bookworm beyond repair, Megha Shah is extremely fond of writing and has been doing so since she was a child. Apart from being a part-time writer, Megha is currently in college, pursuing B. Com. (Hons). Megha is an ardent follower of ‘Hardship, Hustle and Heart’ and firmly believes in the power of hard work and destiny!

Megha Shah | A dreamer, traveler, aspiring entrepreneur and a bookworm beyond repair, Megha Shah is extremely fond of writing and has been doing so since she wa...

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