Waymo's CEO John Krafcik has announced that he's stepping down from the position to make way for two co-CEOs. Going forward, he will be an advisor to the new CEOs to help create a smooth transition.
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A division of Google's Alphabet, known as Waymo, has unveiled its latest self-driving car. Having teamed up with Chrysler in May, the vehicle is expected to be ready for road use by early 2017.
Google recently hired automotive veteran John Krafcik to lead the team working on its self-driving car - a role that indicates the company is taking steps to turn the project into a real business.
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