Alphabet Waymo autonomous driving unit CEO resigns

FILE PHOTO: John Krafcik, CEO of Waymo, speaks during the unveiling of the Jaguar I-PACE autonomous car by Waymo in the Manhattan neighborhood of New York, United States, March 27, 2018. REUTERS / Brendan McDermid

WASHINGTON (Reuters) – Alphabet Inc’s autonomous driving unit chief Waymo said on Friday he was stepping down as chief executive and would be replaced by two executives.

John Krafcik, a longtime auto industry executive who led Waymo for more than five years, will remain as an advisor, the company said.

“It’s a choice John made after a long and successful career in the auto industry,” Waymo said in a statement.

Dmitri Dolgov, one of the founders of Google’s autonomous car project and Tekedra Mawakana, who was the COO of Waymo and worked at a number of tech companies, will serve as co-CEOs, said the society.

“We are committed to working alongside you to build, deploy and market the Waymo pilot,” the co-CEOs said in the statement.

Waymo, which was formed in 2009 as part of a project within Alphabet’s Google unit, is widely regarded as the leader in the development of autonomous driving technology. But Waymo is still years away from building large-scale businesses, while rival Tesla Inc sells its semi-automated driving system.

Reporting by David Shepardson and Hyunjoo Jin Editing by Marguerita Choy

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