Categories: Business

After Five Years At Waymo, CEO John Krafcik Decides To Leave Self-Driving Affiliated Of Google

After spending more than five years at Waymo, Chief Executive Officer John Krafcik has decided to step down from his post. Waymo, a subsidiary of Alphabet that is working on developing autonomous-drive technology, will now have co-CEOs. Tekedra Mawakana and Dmitri Dolgov, two top executives of Waymo will now be the top bosses of the company. Telling about his decision to step down from the post in a blog post, Krafcik said that he would continue to remain with the company as an advisor. “Waymo One ride-hailing service is now open for all in the launch area of Metro Phoenix. Also, fifth generation of the Waymo Driver is under preparation for deployment in goods delivery and ride-hailing services. With all this, I think this is the appropriate time to pass the baton,” he said.

Tekedra Mawakana joined the company four years ago and he recently served the company as Chief Operating Officer. On the other hand, Dmitri Dolgov joined the company way back in 2009. It was the time when the company was created as known as the Google self-driving car project. Dolgov was recently working as Chief Technology Officer of the company. After being elevated to the post of co-CEOs, Mawakana and Dolgov sent a joint statement to Waymo employees. “We are committed to working for the development of better technology. We will work alongside to build and deploy the Waymo driver. We feel energized for the opportunities that are ahead of us.”

Waymo established itself as a leading player in the field of developing autonomous vehicle technology under the leadership of Krafcik. It has more than 20 billion miles driven in simulation and over 20 million miles on public roads. But just like the entire self-driving industry, Google’s subsidiary has struggled to meet deadlines. This is no more a hidden thing that developing self-driving cars is a very difficult task. Despite massive backing in terms of funding, Waymo raised USD3.25 billion externally. Meanwhile, there are debate weather roads should be retrofitted with sensors to support the launch of self-driving cars.

Jeffrey Herrera

Recent Posts

Top 08 Players Fueling Growth in the Heat Transfer Fluid Market | Empowering Industries

The global heat transfer fluid market is poised to grow at a CAGR of 5.6%…

2 weeks ago

Top 09 Calcium Hypochlorite Brands Shaping Safety: Revolutionizing Water Treatment

The Calcium Hypochlorite market is poised for substantial growth, projected to reach around USD 2317.9…

3 weeks ago

Top 10 Innovators in Sodium Metabisulfite Production: Advancing Sustainable Preservation Solutions

The Sodium Metabisulfite Market is poised for significant growth, with a projected value of USD…

3 weeks ago

Top 13 Innovators in Activated Alumina: Driving Efficiency in Adsorbent Technology for Various Applications

activated alumina market size is expected to be worth around USD 1724 Million by 2033, from USD 1018.9 Million…

3 weeks ago

Top 15 Leaders in Biofungicide Manufacturing Excellence | Cultivating Sustainable Agriculture

The bio fungicides market is poised for significant growth, with projections indicating a valuation of…

3 weeks ago

Top 08 Innovators in Hydrogen Generation: Propelling Forward Efficiency in Clean Energy Production

The hydrogen generation market is forecasted to see substantial growth, reaching USD 489.2 billion by…

3 weeks ago

Top 10 Innovators in Hydrogen Peroxide Production | Advancing Efficiency in Chemical Manufacturing

The Hydrogen Peroxide Market, valued at USD 3.2 Billion in 2023, is projected to exhibit…

4 weeks ago

Top 09 Bauxite Industry Leaders | Redefining Efficiency in Aluminum Mining

The global bauxite market exhibited significant value and growth trends over recent years. In 2022,…

4 weeks ago

Leading Top 09 Aerogel Manufacturers | Innovating High-Performance Insulation Solutions

The aerogel market has demonstrated significant growth, with its valuation reaching USD 876.5 million in…

4 weeks ago

Top 12 Leading Manufacturers of Biobased Disinfectant: Revolutionizing Surface Sanitization

biobased disinfectant market size was valued at USD 4.5 Billion and it is estimated to reach USD 8.7 billion…

1 month ago

Top 12 Concrete Sealer Innovators: Advancing Sustainable Infrastructure Protection

The Concrete Sealer Market is poised for substantial growth, with projections estimating its value to…

1 month ago

Top 09 Leading Manufacturers of Ammonium Sulfate: Innovating Chemical Dosing Solutions

The Ammonium Sulfate Market is poised for significant growth, projected to reach approximately USD 6.1…

1 month ago

Top 09 Cathode Material Suppliers | Pioneering Sustainable Battery Solutions

The cathode material market, integral to advancements in battery technology, has been valued at USD…

1 month ago

Top 10 Flat Glass Manufacturers Revolutionizing Architecture and Automotive Industries

The flat glass market, known for its essential role in various industries, is on a…

1 month ago

Top 09 Special Graphite Industry Manufacturers : Pioneering Advances in High-Performance Applications

The Special Graphite Market, valued at USD 785.5 million in 2022, is projected to reach…

1 month ago

Top 09 Black Pellet Manufacturers | Leading the Industry in Sustainable Biomass Energy

The Black Pellets Market is poised for significant growth, with a projected Compound Annual Growth…

1 month ago

Top 9 Companies in Nanosized Alumina Technology : Shaping Tomorrow’s Industries

The nanosized alumina market, valued at $3.0 billion in 2022, is expected to grow to…

1 month ago

Top 11 Methanol Industry Leaders: Setting the Bar for Sustainable Energy Production

The global methanol market is on a robust growth trajectory, with projections indicating a rise…

1 month ago

Top 10 E-Liquid Brands Revolutionizing Vaping Satisfaction

The E-Liquids market is set to experience remarkable growth, with a projected Compound Annual Growth…

2 months ago

Top 12 Companies Crafting Polyvinyl Chloride Masterpieces in Polymer Engineering

The PVC market is anticipated to achieve a substantial valuation of USD 94.7 billion by…

2 months ago