Waymo CEO John Krafcik Is Leaving the Company

Waymo LLC Chief Executive John Krafcik is leaving the company after more than five years, bringing an end to the former auto executive's leadership of Google parent Alphabet Inc.'s driverless car effort. The company said Friday that it is promoting its chief technology and operating officers, Dmitri Dolgov and Tekedra Mawakana, to lead a decade-old effort to make self-driving cars a reality. They will share the title of co-chief executive. Under Mr. Krafcik, Waymo broadened its business beyond years of mapping roads and designing software to begin running robotaxis around a segment of Phoenix. He also led Waymo's conversion into an independent subsidiary of Alphabet and raised an external investment round of $3.25 billion.