The C.E.O. of the self-driving car company Waymo will step down after more than 5 years.
Waymo, the autonomous car unit of Google’s guardian company, Alphabet, stated John Krafcik is stepping down as chief government after 5 and a half years at the helm.
In an announcement, Waymo stated the chief government duties will be divided between two present company executives — Tekedra Mawakana and Dmitri Dolgov. Ms. Mawakana was Waymo’s chief working officer, and Mr. Dolgov was the company’s chief expertise officer earlier than the promotion.
In a weblog submit saying the transfer, Mr. Krafcik, 59, didn’t specify a cause for why he was stepping down at this second different than to say he was pursuing “new adventures.” Waymo stated it was Mr. Krafcik’s resolution and that he plans to stay an adviser to the company.
Mr. Krafcik, a longtime auto business government who oversaw Hyundai Motor’s U.S. operations, joined Waymo in 2015 when it was nonetheless half of Google. Throughout his tenure, Google spun out Waymo right into a separate subsidiary of Alphabet, and the company raised more than $3 billion from exterior traders in a transfer that signaled a larger independence from its guardian company.