Alphabet Waymo self-driving unit CEO stepping down
Reuters
Published Apr 02, 2021 01:33PM ET
Updated Apr 03, 2021 12:30AM ET
WASHINGTON (Reuters) -The head of Alphabet (NASDAQ:GOOGL) Inc’s self-driving unit Waymo said on Friday he was stepping down as chief executive and would be replaced by a pair of executives.
John Krafcik, a long-time auto industry executive who has headed Waymo for more than five years, will stay on as an advisor, the company said.
"This is a choice John has made after a long and successful career in the automotive industry," Waymo said in statement.
Dmitri Dolgov, one of the founders of the Google self-driving car project and Tekedra Mawakana, who was Waymo's chief operating officer and has worked at a number of tech firms, will serve as co-CEOs, the company said.
"We’re committed to working alongside you to build, deploy, and commercialize the Waymo Driver," the co-CEOs said in the statement.
Waymo, which was formed in 2009 as a project within Alphabet's Google unit, is widely considered the leader in developing self-driving technology. But Waymo is still years away from building large-scale businesses, while their rival Tesla (NASDAQ:TSLA) Inc has been selling its semi-automated driving system.
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Written By: Reuters
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