The C.E.O. of the self-driving car company Waymo will step down after more than 5 years.

Waymo, the autonomous automotive unit of Google’s father or mom firm, Alphabet, acknowledged John Krafcik is stepping down as chief govt after 5 and a half years on the helm.

In an announcement, Waymo acknowledged the chief govt duties shall be divided between two current firm executives — Tekedra Mawakana and Dmitri Dolgov. Ms. Mawakana was Waymo’s chief working officer, and Mr. Dolgov was the corporate’s chief experience officer sooner than the promotion.

In a weblog publish asserting the transfer, Mr. Krafcik, 59, didn’t specify a objective for why he was stepping down at this second completely different than to say he was pursuing “new adventures.” Waymo acknowledged it was Mr. Krafcik’s willpower and that he plans to remain an adviser to the corporate.

Mr. Krafcik, a longtime auto commerce govt who oversaw Hyundai Motor’s U.S. operations, joined Waymo in 2015 when it was nonetheless half of Google. Throughout his tenure, Google spun out Waymo proper right into a separate subsidiary of Alphabet, and the corporate raised greater than $3 billion from exterior merchants in a switch that signaled a better independence from its father or mom firm.

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