Uber CEO Dara Khosrowshahi resigns from self-driving truck startup Aurora’s board

Date:

Share post:


Dara Khosrowshahi is resigning from the board of autonomous vehicle technology company Aurora Innovation, citing a desire to focus on his ongoing responsibilities as CEO of Uber and reduce external board commitments, according to a Friday regulatory filing.

Khosrowshahi’s resignation was effective as of Tuesday. Aurora says Khosrowshahi’s decision to leave the board was not the result of any disagreement with the company. 

The Uber chief executive and Aurora Innovation go way back. In 2020, Uber offloaded its own self-driving unit, Uber ATG, to Aurora. The deal at the time involved Uber handing over its equity in ATG and investing $400 million into Aurora, giving it a 26% stake in the combined company. Khosrowshahi joined Aurora’s board as part of the deal.

Through Uber Freight, Uber’s freight brokerage platform that connects shippers and carriers, the ride-hail and delivery giant maintained its connection with Aurora. In June, Uber and Aurora announced a multi-year collaboration to put trucks powered by Aurora’s technology on the Uber Freight network. 

Uber’s relationship with Aurora, however, is not exclusive. The company also has a deal with Waabi, the self-driving truck startup founded by Raquel Urtasun, who had previously served as chief scientist and head of R&D at Uber ATG. 

Shailen Bhatt, senior vice president and chief operating officer for AtkinsRéalis, will join Aurora’s board in Khosrowshahi’s place. Bhatt has a background working for the Federal Highway Administration.

Khosrowshahi’s decision to leave the board comes a couple of weeks after Nolan Shenai, Aurora’s general counsel, shared his intention to step down effective January 6, 2025. Ossa Fisher, Aurora’s president, will take over Shenai’s responsibilities while the company considers his replacement.

This article was updated to include information about Aurora’s new board member and another recent executive departure.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

YouTuber LegalEagle sues PayPal over ‘sleeping leech’ Honey extension

A new lawsuit alleges that the PayPal-owned browser extension Honey is cheating creators out of money. Honey, which...

Roborock’s Roomba competitor gets a robot arm

iRobot’s on-going financial crisis aside, the world of robot vacuums is still humming along. At CES Sunday,...

Bad news for Adrian Dittman/Elon Musk truthers

After days of speculation that X owner Elon Musk was secretly posting under an account named Adrian...

United Airlines accelerates its Starlink rollout, with first commercial flight planned for spring

A few months ago, United Airlines announced its deal with Starlink to offer in-flight internet access for...

From forced landings to stuffed animal heads, headhunter Peterson Conway is defense tech’s wildest power broker

In 2023, defense tech recruiter Peterson Conway VIII pulled up to the offices of nuclear fusion startup...

Tenable CEO Amit Yoran dies

Longtime entrepreneur and cybersecurity executive Amit Yoran passed away Friday after a battle with cancer. Cybersecurity company Tenable,...

Lyft will credit NYC riders for congestion fee throughout January

New York City’s congestion pricing is scheduled to take effect Sunday — but for the first month,...

What will this year bring in VC? We asked a few investors

A new year brings with it hope for a better tomorrow — kind of, at least. In...