Cruise CEO Kyle Vogt has resigned from GM-Owned Robocar Unit
Kyle Vogt, who has served as the Chief Executive Officer of Cruise, GM’s self-driving car unit, has announced his resignation from the company as of April 12th. Vogt has been at the helm of Cruise since it was acquired by GM in 2016.
The move comes as GM seeks to strengthen its autonomous vehicle program while investing more resources into other areas of its business. Cruise, which has become one of the most prominent players in the robo-car space, has seen its technology make strides in recent years. It has tested vehicles in San Francisco and is planning a launch of its driverless cars in the U.S. this year.
Vogt’s departure comes as a surprise to many in the tech industry. He had been leading Cruise since it’s inception and has been an integral part of the growth and expansion of the company. Under his leadership, Cruise has become the first-choice for many automotive companies when it comes to developing self-driving vehicles.
As a result of the decision, GM has named Dan Ammann, GM’s President and CFO, as the interim CEO of Cruise. Ammann is a veteran of GM that has served in various roles within the company for over 17 years. He has been at the forefront of autonomization technology innovation with Cruise and has been a key player in developing GM’s overall strategies around autonomous driving.
The reshuffle of leadership comes during a pivotal time for Cruise, as it is set to launch its first truly driverless vehicle in the U.S. later this year. With Ammann as the interim CEO, the company could look to further expand its reach in the autonomous vehicle space.
Vogt’s decision to resign came as a surprise to many, as he has been one of the main figures in driving the rapid growth of Cruise. Despite his departure, his contributions and efforts did not go unnoticed, as GM thanked Vogt for his “hard work and dedication” to the growth of the company.
With this move, Cruise has made a statement that they are taking steps to further strengthen their position in the autonomous vehicle space. As the company moves forward with the launch of their driverless cars, it will be interesting to see what the future holds for the self-driving car company.