Insider

Waymo CEO John Krafcik is leaving the self-driving car company (GOOGL)

Summary List PlacementJohn Krafcik, the chief executive of Alphabet's autonomous-driving company, Waymo, is stepping down, the company announced Friday.  "After five and a half exhilarating years leading this team, I've decided to depart from my CEO role with Waymo and kick-off new adventures," Krafcik said in a blog post.  Krafcik will...

John Krafcik Waymo

Summary List Placement

John Krafcik, the chief executive of Alphabet’s autonomous-driving company, Waymo, is stepping down, the company announced Friday. 

“After five and a half exhilarating years leading this team, I’ve decided to depart from my CEO role with Waymo and kick-off new adventures,” Krafcik said in a blog post. 

Krafcik will be replaced by two current Waymo executives — COO Dmitri Dolgov and CTO Tekedra Mawakana — who will head the firm as co-CEOs, the company said. Krafcik will stay on as an advisor to the firm, and it was not immediately clear if he has plans to move to a new role outside the company. 

Read more: How to nail the key interview questions that Jeff Bezos-backed self-driving startup Aurora asks job candidates

Before heading up Waymo, Krafcik served as the CEO of Hyundai Motor North America and of car-buying website True Car. 

Waymo, which was founded in 2009 as the Google Self-Driving Car Project, is working on autonomous-driving technology for future ride-hailing and delivery services. The system, Waymo Driver, has logged tens of millions of miles of driving on US roads and is considered by many to be the most advanced self-driving system in development. 

In October 2020, Waymo announced plans to begin offering fully driverless rides to customers in Phoenix. 

Read Waymo CEO John Krafcik’s full email to staff:

 

Join the conversation about this story »

NOW WATCH: July 15 is Tax Day — here’s what it’s like to do your own taxes for the very first time

Leave a Reply

%d bloggers like this: