HT TECH wants to start sending you push notifications. Click allow to subscribe

Alphabet’s Waymo CEO steps down as tech executives take over

Replacing an auto industry veteran with executives more steeped in technology points to Waymo’s efforts to move past the industrial phase.

By: BLOOMBERG
Updated on: Aug 21 2022, 16:18 IST
Krafcik announced his departure as CEO of Waymo, a company spun out from Google, in a Friday, April 2, 2021, blog post that cited his desire to enjoy life as the world emerges from the pandemic. (AP Photo/Paul Sancya, File) (AP)
Krafcik announced his departure as CEO of Waymo, a company spun out from Google, in a Friday, April 2, 2021, blog post that cited his desire to enjoy life as the world emerges from the pandemic. (AP Photo/Paul Sancya, File) (AP)

John Krafcik stepped down as chief executive officer of Alphabet Inc.’s Waymo self-driving vehicle division, making way for two tech industry veterans to jointly take over the business, the company said in a memo.

Krafcik, 59, will be replaced by Tekedra Mawakana, Waymo’s chief operating officer, and Dmitri Dolgov, chief technical officer, who will serve as co-CEOs. Mawakana was named COO in 2019, and held senior roles at AOL, Yahoo, and EBay Inc. earlier in her career. Dolgov had been CTO since late 2016 and previously had engineering positions at Google and was a researcher at Toyota Research Institute, according to his LinkedIn profile.

You may be interested in

Mobiles Tablets Laptops
Apple iPhone 15 Pro Max
  • Black Titanium
  • 8 GB RAM
  • 256 GB Storage
₹156,900
Check details
Google Pixel 8 Pro
  • Obsidian
  • 12 GB RAM
  • 128 GB Storage
₹106,998
Check details
Samsung Galaxy S23 Ultra 5G
  • Green
  • 12 GB RAM
  • 256 GB Storage
₹104,999
Check details
Apple iPhone 15 Plus
  • Black
  • 6 GB RAM
  • 128 GB Storage
₹87,900
Check details
21% OFF
Acer Swift Go SFG14 41 NX KG3SI 002 Laptop
  • Pure Silver
  • 8 GB RAM
  • 512 GB SSD
₹58,990₹74,999
Buy now
33% OFF
Acer Aspire 5 A515 57G Laptop
  • Gray
  • 16 GB RAM
  • 512 GB SSD
₹51,480₹76,800
Buy now
22% OFF
Acer Aspire 3 A315 24 NX KDESI 004 Laptop
  • Silver
  • 8 GB RAM
  • 512 GB SSD
₹33,499₹42,999
Buy now
21% OFF
Asus VivoBook 15 X515JA BQ322WS Laptop
  • Transparent Silver
  • 8 GB RAM
  • 512 GB SSD
₹30,990₹38,990
Buy now
38% OFF
Xiaomi Pad 6
  • Mist Blue
  • 6 GB RAM
  • 128 GB Storage
₹24,999₹39,999
Buy now
55% OFF
Lenovo Tab M10 5G
  • Abyss Blue
  • 6 GB RAM
  • 128 GB Storage
₹20,999₹47,000
Buy now
22% OFF
Realme Pad 2
  • Imagination Grey
  • 6 GB RAM
  • 128 GB Storage
₹19,599₹24,990
Buy now
Honor Pad X9
  • Gray
  • 4 GB RAM
  • 128 GB Storage
₹16,998
Check details

Replacing an auto industry veteran with executives more steeped in technology points to Waymo’s efforts to move past the industrial phase. After Krafcik cut deals with carmakers to get technology in vehicles, the company’s now moving to deploy vehicles on the road with revenue-generating services.

Under Krafcik, Waymo secured agreements with Stellantis NV, Jaguar Land Rover Automotive Plc, Volvo Car AB, Daimler AG’s truck group to put its technology in passenger cars and freight trucks. While Krafcik got Waymo’s technology in vehicles, he had said that the challenge of autonomy was a difficult one and it could take longer than expected for people to get a truly driverless experience on the road.

“Krafcik’s departure comes as the Alphabet-owned company has been slow to capitalize on its lead in autonomous technology over peers such as Tesla and GM Cruise,” Mandeep Singh, senior technology analyst at Bloomberg Intelligence. “Tesla’s growing fleet of electric cars with its proprietary Autopilot system could be aiding its competitive positioning versus Waymo One, which still hasn’t been rolled out broadly.”

The company sought its first funding for the business from other investors last year, raising $3.25 billion, an increase from an initial $2.25 billion. In the fall, Waymo started offering self-driving services without a test driver in Arizona.

“They went outside for funding, which was a sign that Alphabet was running out of patience to turn this into a real business,” said Sam Abuelsamid, an analyst at Guidehouse Insights. Still, “John accomplished a lot in terms of building relationships at automakers. Before he got there, Google talked to a lot of automakers and got turned away.”

Waymo confirmed the move on Twitter, thanking Krafcik for leading the company’s autonomous technology development for more than five years.

“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 the memo, adding that he will remain as an adviser. “To start, I’m looking forward to a refresh period, reconnecting with old friends and family, and discovering new parts of the world.”

Mawakana brings government affairs experience to the top at Waymo. She was previously chief external officer at the company, heading public policy and communications. She also had similar roles at EBay and Yahoo.

That will be vital as Waymo seeks to run its services on public roads and charge for driverless rides. The federal government is still developing rules for self-driving vehicles and states have their own rules and permits.

Dolgov was one of the original members of Google’s self-driving project that started in more than a decade ago that became Waymo. He also worked on Toyota Motor Corp.’s self-driving car program and was part of Stanford University’s DARPA Urban Challenge team that started the push into autonomous technology. He leads development of Waymo’s autonomous system.

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on ,Twitter, Facebook, , and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 03 Apr, 07:32 IST
Tags:

Sale

Mobiles Tablets Laptops
4% OFF
Samsung Galaxy S24 Ultra
  • Titanium Black
  • 12 GB RAM
  • 256 GB Storage
₹129,999₹134,999
Buy now
13% OFF
Xiaomi 14
  • Matte Black
  • 12 GB RAM
  • 512 GB Storage
₹69,999₹79,999
Buy now
10% OFF
Apple iPhone 15 Plus
  • Black
  • 6 GB RAM
  • 128 GB Storage
₹72,200₹79,900
Buy now
12% OFF
IQOO 12 5G
  • Legend
  • 12 GB RAM
  • 256 GB Storage
₹52,999₹59,999
Buy now
35% OFF
Xiaomi Pad 6
  • Mist Blue
  • 6 GB RAM
  • 128 GB Storage
₹25,925₹39,999
Buy now
38% OFF
Lenovo Tab M10 5G
  • Abyss Blue
  • 6 GB RAM
  • 128 GB Storage
₹20,999₹34,000
Buy now
50% OFF
Realme Pad 2
  • Imagination Grey
  • 6 GB RAM
  • 128 GB Storage
₹12,999₹25,999
Buy now
57% OFF
Honor Pad X8
  • Blue Hour
  • 3 GB RAM
  • 32 GB Storage
₹8,999₹20,999
Buy now
29% OFF
Infinix INBook X2 Plus XL25 Laptop
  • Grey
  • 8 GB RAM
  • 512 GB SSD
₹38,990₹54,990
Buy now
9% OFF
HP Envy 13 X360 13 ag0035au 5FP71PA Laptop
  • Dark Ash Silver
  • 8 GB RAM
  • 256 GB SSD
₹78,699₹86,507
Buy now
31% OFF
Asus ROG Zephyrus G14 GA401QH HZ077TS Laptop
  • White
  • 8 GB RAM
  • 1 TB SSD
₹94,999₹137,990
Buy now
13% OFF
Lenovo Legion Pro 5 16IRX8 82WK00LPIN Laptop
  • Onyx Grey
  • 32 GB RAM
  • 1 TB SSD
₹135,999₹156,000
Buy now
NEXT ARTICLE BEGINS