Taking the next step towards commercializing autonomous vehicle technology General Motors and Cruise have announced some organizational changes.
The company has appointed Dan Ammann as CEO of Cruise. Kyle Vogt, Cruise co-founder will lead technology development as Cruise president and chief technology officer. Ammann and Vogt will partner to set the strategic direction for the company. According to the press release by the company the appointments are effective Jan. 1, 2019.
Under Vogt’s leadership, Cruise has emerged as an industry leader in autonomous vehicle technology, growing from 40 employees to more than 1,000 at its San Francisco headquarters and recently announced an additional expansion of 100-200 employees in Seattle. With recent investments by SoftBank and Honda, Cruise’s valuation has rapidly grown to $14.6 billion.
Ammann is known for spearheading the 2016 Cruise acquisition as GM president. He among his other global responsibilities has overseen GM’s relationship with Cruise. He is deeply familiar with Cruise’s business and technology and its team.
With Ammann’s appointment, GM’s global regions and GM Financial will now report directly to Mary Barra.
Source: Press Release