Dara Khosrowshahi is resigning from the board of autonomous car know-how firm Aurora Innovation, citing a need to concentrate on his ongoing obligations as CEO of Uber and scale back exterior board commitments, in response to a Friday regulatory submitting.
Khosrowshahi’s resignation was efficient as of Tuesday. Aurora says Khosrowshahi’s determination to depart the board was not the results of any disagreement with the corporate.
The Uber chief government and Aurora Innovation go means again. In 2020, Uber offloaded its personal self-driving unit, Uber ATG, to Aurora. The deal on the time concerned Uber handing over its fairness in ATG and investing $400 million into Aurora, giving it a 26% stake within the mixed firm. Khosrowshahi joined Aurora’s board as a part of the deal.
By means of Uber Freight, Uber’s freight brokerage platform that connects shippers and carriers, the ride-hail and supply large maintained its reference to Aurora. In June, Uber and Aurora introduced a multi-year collaboration to place vehicles powered by Aurora’s know-how on the Uber Freight community.
Uber’s relationship with Aurora, nonetheless, will not be unique. The corporate additionally has a take care of Waabi, the self-driving truck startup based by Raquel Urtasun, who had beforehand served as chief scientist and head of R&D at Uber ATG.
Shailen Bhatt, senior vice chairman and chief working officer for AtkinsRéalis, will be part of Aurora’s board in Khosrowshahi’s place. Bhatt has a background working for the Federal Freeway Administration.
Khosrowshahi’s determination to depart the board comes a few weeks after Nolan Shenai, Aurora’s normal counsel, shared his intention to step down efficient January 6, 2025. Ossa Fisher, Aurora’s president, will take over Shenai’s obligations whereas the corporate considers his alternative.
This text was up to date to incorporate details about Aurora’s new board member and one other latest government departure.
