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Motional has announced a key leadership change as Karl Iagnemma, the company’s current President and CEO, transitions to the role of Senior Strategy Advisor. Stepping into an expanded leadership role, Laura Major, the Chief Technology Officer (CTO), will serve as both interim CEO and CTO. This transition highlights the company’s ongoing commitment to advancing autonomous vehicle technology and scaling its commercial operations.
Key Highlights:
- Karl Iagnemma transitions from CEO to Senior Strategy Advisor after leading Motional’s advancements in autonomous vehicle development.
- Laura Major, previously Motional’s CTO and part of the founding executive team, takes on the dual role of interim CEO and CTO.
- Iagnemma expressed pride in Motional’s progress and optimism for its future, stating, “I’ve been honored to serve as Motional’s CEO and am immensely proud of the progress our team has made.”
- Major emphasizes the company’s focus on commercializing driverless technology and leading its next phase of growth. “We enter the next phase of our business focused on advancing our technology with a clear path to commercializing autonomous vehicles at scale,” she remarked.
- The leadership transition is already underway, with Major guiding the company in partnership with the entire leadership team.
The transition underscores Motional’s long-term strategy of pushing the boundaries of autonomous vehicle technology while ensuring a seamless leadership shift. Major, who has worked closely with Iagnemma throughout his tenure, is poised to drive the company’s next steps toward scaling its technology and achieving commercial success. As the company moves forward, Iagnemma will continue to support Motional’s mission in his advisory role, contributing to the broader strategy.
This leadership change positions Motional to further solidify its position as a leading innovator in the autonomous vehicle industry.
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