Iagnemma will move over to a senior strategy advisor role, while CTO Laura Major will become interim CEO, according to a company announcement that was released Wednesday evening. Major will also maintain her CTO role.
Motional didn’t provide a reason for the change, although one source familiar told TechCrunch the decision was amicable. In a statement, Iagnemma said he was honored to serve as CEO and is “immensely proud of the progress” the team has made toward developing and deploying safe autonomous vehicles.