CEO of self-driving company Waymo steps down

The head of Alphabet’s self-driving unit Waymo said on Friday he was stepping down as chief executive and would be replaced by a pair of executives.

John Krafcik, a long-time auto industry executive who has headed Waymo for more than five years, will stay on as an adviser, the company said. “This is a choice John has made after a long and successful career in the automotive industry,” Waymo said in statement.