Waymo, the autonomous car unit of Google’s parent company, Alphabet, said John Krafcik is stepping down as chief executive after five and a half years at the helm.

In a statement, Waymo said the chief executive duties will be divided between two current company executives — Tekedra Mawakana and Dmitri Dolgov. Ms. Mawakana was Waymo’s chief operating officer, and Mr. Dolgov was the company’s chief technology officer before the promotion.

In a blog post announcing the move, Mr. Krafcik, 59, did not specify a reason for why he was stepping down at this moment other than to say he was pursuing “new adventures.” Waymo said it was Mr. Krafcik’s decision and that he plans to remain an adviser to the company.
More>>