<p>Uber Technologies on Wednesday named Analog Devices CFO Prashanth Mahendra-Rajah as the finance chief of the ride-hailing company.</p><p>The development comes as Uber gears up against competition from smaller rival Lyft.</p>.Uber increasingly considering buybacks as cash flow ramps up.<p>Mahendra-Rajah will join Uber on November 13 and replaces Nelson Chai, who announced his plan to step down from the role in August.</p><p>Mahendra-Rajah was previously the CFO at vehicle technologies supplier WABCO Holdings and has held other financial leadership roles at Applied Materials, Visa and United Technologies. </p>
<p>Uber Technologies on Wednesday named Analog Devices CFO Prashanth Mahendra-Rajah as the finance chief of the ride-hailing company.</p><p>The development comes as Uber gears up against competition from smaller rival Lyft.</p>.Uber increasingly considering buybacks as cash flow ramps up.<p>Mahendra-Rajah will join Uber on November 13 and replaces Nelson Chai, who announced his plan to step down from the role in August.</p><p>Mahendra-Rajah was previously the CFO at vehicle technologies supplier WABCO Holdings and has held other financial leadership roles at Applied Materials, Visa and United Technologies. </p>