Kyle Vogt, the CEO of GM-owned Cruise, has announced his resignation from the company effective immediately. Vogt had been the CEO of Cruise since 2017, and his departure follows several changes in the executive team at the self-driving taxi service.
Vogt has played a key role in helping Cruise expand its self-driving taxi service, and in particular he has overseen the launch of the Cruise Origin, the purpose-built electric vehicle designed to autonomously transport passengers.
Speaking about his decision to step down as CEO, Vogt said, “Over the last three and a half years, Cruise has grown into a global company that now operates in three countries and employs a remarkable 1,000 plus employees. It has been an honor to lead the company to this point, and I’m proud of all that we have accomplished.”
He went on to thank the GM leadership team for their support during his tenure and wished the company success in its future endeavors.
The resignation of Vogt follows a series of executive level departures in the past year, including the exits of Eric Wellwood, Cruise’s former CTO, Ezra Dubroff, the former CFO, and Parvinder and Sandeep Gupta, the former founders.
GM did not provide a reason for Vogt’s resignation, but it is likely the result of the uncertainty and change in the self-driving sector. Vogt’s departure comes at a time when Cruise is competing with several new players such as Waymo, Zoox, Argo AI, and Aurora.
Although Vogt will no longer be at the helm, his legacy at Cruise will no doubt be felt for years to come. Vogt has been credited for his work in developing the Cruise Origin and helping grow Cruise into a major player in the autonomous vehicle space.
Cruise’s future path remains unclear. The company is currently searching for a new CEO while continuing to expand its self-driving taxi service. It remains to be seen how the departure of Vogt will impact the direction of Cruise, but his legacy will surely be remembered.
Kyle Vogt, the CEO of GM-owned Cruise, has announced his resignation from the company effective immediately. Vogt had been the CEO of Cruise since 2017, and his departure follows several changes in the executive team at the self-driving taxi service.
Vogt has played a key role in helping Cruise expand its self-driving taxi service, and in particular he has overseen the launch of the Cruise Origin, the purpose-built electric vehicle designed to autonomously transport passengers.
Speaking about his decision to step down as CEO, Vogt said, “Over the last three and a half years, Cruise has grown into a global company that now operates in three countries and employs a remarkable 1,000 plus employees. It has been an honor to lead the company to this point, and I’m proud of all that we have accomplished.”
He went on to thank the GM leadership team for their support during his tenure and wished the company success in its future endeavors.
The resignation of Vogt follows a series of executive level departures in the past year, including the exits of Eric Wellwood, Cruise’s former CTO, Ezra Dubroff, the former CFO, and Parvinder and Sandeep Gupta, the former founders.
GM did not provide a reason for Vogt’s resignation, but it is likely the result of the uncertainty and change in the self-driving sector. Vogt’s departure comes at a time when Cruise is competing with several new players such as Waymo, Zoox, Argo AI, and Aurora.
Although Vogt will no longer be at the helm, his legacy at Cruise will no doubt be felt for years to come. Vogt has been credited for his work in developing the Cruise Origin and helping grow Cruise into a major player in the autonomous vehicle space.
Cruise’s future path remains unclear. The company is currently searching for a new CEO while continuing to expand its self-driving taxi service. It remains to be seen how the departure of Vogt will impact the direction of Cruise, but his legacy will surely be remembered.
