The $20 billion self-driving startup Cruise is adding to its leadership team even as autonomous-vehicle companies are hitting the brakes
- Cruise is adding to its leaderships ranks with Regina Dugan, a veteran of DARPA, Google, and Facebook.
- Dugan will join the board and be Cruise’s first independent director.
- Her role will be to encourage moonshots for the autonomous ride-hailing startup, acquired by General Motors in 2016 for $1 billion and now valued at nearly $20 billion.
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On Tuesday, the autonomous ride-hailing startup Cruise announced that Regina E. Dugan had joined its board as its first independent director.
In April, Cruise hired prominent California lawyer Jeff Bleich, a former US Ambassador to Australia, as its chief legal officer.
The bolstering of San Francisco-based Cruise’s leadership ranks comes as ride-hailing startups have encountered headwinds during the coronavirus pandemic, which has drastically curtailed Uber’s and Lyft’s businesses, and …continued .
[Source: Business Insider]