CEO OF GOOGLE'S SELF-DRIVING CAR SPINOFF STEPS DOWN FROM JOB

The executive who steered the transformation of Google’s self-driving car project into a separate company worth billions of dollars is stepping down after more than five years on the job.

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John Krafcik announced his departure as CEO of Waymo, a company spun out from Google, in a blog post that cited his desire to enjoy life as the world emerges from the pandemic.

“I’m looking forward to a refresh period, reconnecting with old friends and family, and discovering new parts of the world,” Krafcik, 59, wrote.

Two of Krafcik’s top lieutenants will replace him as co-CEOs. Dmitri Dolgov, who has been working on self-driving cars since Waymo began within Google in 2009, will focus on the technology for the autonomous vehicles. Tekedra Mawakana, a lawyer who had been Waymo’s chief operating officer, will handle the business side of the operation.