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Kyle Vogt, CEO and Co-Founder of Cruise, resigns from Cruise
(www.reuters.com)
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this post was submitted on 20 Nov 2023
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This is the best summary I could come up with:
Vogt, 38, offered little in the way of explanation, stating simply "I have resigned from my position" in an email to staff viewed by Reuters on Sunday.
The unit had in recent months touted ambitious plans to expand to more cities, offering fully autonomous taxi rides.
GM CEO Mary Barra said in an email to employees seen by Reuters that Glidden will serve as Cruise's co-president with Mo Elshenawy, who will also become chief technology officer.
Former Tesla President Jon McNeill, a GM director since 2022, was named vice chairman of the Cruise board alongside Barra, who is the chair.
Cruise competes with Alphabet’s (GOOGL.O) Waymo in deploying autonomous vehicles and had been testing hundreds in several cities across the U.S., notably its home of San Francisco.
In October, the California Department of Motor Vehicles ordered Cruise to remove its driverless cars from state roads, calling them a risk to the public and saying the company had misrepresented the safety of its technology.
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