Uber Technologies stock: President Jill Hazelbaker to step down

Published on 11/10/2026 at 17:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Uber Technologies stock faces a new management transition after Jill Hazelbaker announced her departure. Core platform growth remains strong, but Mobility is under pressure.

Management Change Adds New Investor Focus

President and Chief Corporate Affairs Officer Jill Hazelbaker is expected to leave Uber on November 30 for an external opportunity.
Third-quarter Gross Bookings rose 20 percent, while Mobility revenue declined 2 percent and Delivery revenue increased 23 percent.
Fourth-quarter guidance calls for Gross Bookings of 63.25 billion to 65.25 billion US dollars and non-GAAP EPS of 0.95 to 0.99 US dollars.

Uber Technologies, US90353T1007, Illustration mit AI erstellt.

Uber Technologies faces a new management transition after President and Chief Corporate Affairs Officer Jill Hazelbaker said she will step down on November 30. Investor Data Digest reported that Hazelbaker is leaving for an external opportunity, while Chief Executive Dara Khosrowshahi described her as a driving force behind important strategic initiatives.

The departure adds a new issue for investors after Uber's third-quarter results showed strong platform expansion but a less balanced business mix. Gross Bookings increased 20 percent year over year to 59.8 billion US dollars for the quarter ended September 30, 2026. Revenue rose 10 percent to 14.8 billion US dollars.

Growth Remains Uneven Across Segments

Operational momentum remained strongest outside the core Mobility business. Trips increased 16 percent to 4.1 billion, and Monthly Active Platform Consumers rose 14 percent to 215 million. Mobility Gross Bookings grew 18 percent, while Delivery bookings advanced 22 percent and Freight bookings climbed 35 percent.

Recognized revenue showed a sharper contrast. Mobility revenue slipped 2 percent to 7.5 billion US dollars, whereas Delivery revenue rose 23 percent to 5.5 billion US dollars and Freight revenue gained 34 percent to 1.8 billion US dollars. Uber said business-model changes reduced reported revenue growth by 8 percentage points.

Profit Outlook Meets Execution Risks

Adjusted EBITDA increased 31 percent to 3.0 billion US dollars, and free cash flow rose 14 percent to 2.5 billion US dollars. GAAP net income attributable to Uber fell to 512 million US dollars from 6.6 billion US dollars a year earlier, a comparison affected by prior-year tax and investment effects.

For the fourth quarter, Uber expects Gross Bookings of 63.25 billion to 65.25 billion US dollars, constant-currency growth of 18 percent to 22 percent, non-GAAP EPS of 0.95 to 0.99 US dollars and Adjusted EBITDA of 3.13 billion to 3.23 billion US dollars. Management also expects approximately 700 fully driverless vehicles on the platform by year-end and more than 2,000 in 2027.

Uber Technologies stock traded at 62.70 euros on Lang & Schwarz at 17:03 CET on Tuesday, November 10, 2026.