Motional, the autonomous vehicle startup backed by Hyundai, is shaking up its leadership ranks. Karl Iagnemma, an early pioneer in the autonomous vehicle industry whose startup Nutonomy lies at the foundation of Motional, is stepping down as president and CEO. Iagnemma will move over to a senior strategy advisor role, while CTO Laura Major will…
Starbucks North America CEO Michael Conway Quits After Just 6 Months In The Position In a surprising move, Michael Conway, Starbucks (NASDAQ:SBUX) North America CEO, has resigned after only six months in the role. What Happened: Conway, who took on the position in April, informed the company of his decision last week, as per a…
Rivian CEO RJ Scaringe spoke about Elon Musk and Tesla on the “Grit” podcast.Phillip Faraone/Chesnot/Getty Images Rivian CEO RJ Scaringe spoke about Elon Musk and Tesla on the “Grit” podcast. Scaringe said Tesla is “inspiring,” but Rivian did not follow Musk’s playbook. He said it’s important that Rivian wasn’t “covering the same ground as Tesla.”…
Pavel Durov, the CEO and founder of messaging app Telegram, was detained in Paris on Saturday as part of an ongoing French investigation into financial and cyber crimes. On Monday, French officials said he remains under arrest, though he has not been charged with any crime. French President Emmanuel Macron denied the arrest was politically…
Timo Resch is basking in the sun. That’s literally true, as we speak on a gloriously clear California day at the Quail, one of Monterey Car Week’s most prestigious events. But it’s figuratively true as well, as Resch, who took the CEO role at Porsche Cars North America (PCNA) last November, is in a very…
Tragedy has again struck a famous Silicon Valley family. Former YouTube CEO Susan Wojcicki has passed away, according to social media posts by her husband, Dennis Troper, and by Google CEO Sundar Pichai. She was 56. Wrote Troper on Facebook earlier Friday night, “It is with profound sadness that I share the news of Susan…
