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Driverless Car Startup Zoox Dismisses CEO in Sudden Move

  • Co-founder Jesse Levinson will become company president
  • Zoox just raised $500 million at a $3.2 billion valuation
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Zoox and Its $800 Million Robo Taxi Dream
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Zoox Inc., an autonomous driving startup recently valued at $3.2 billion, has dismissed its Chief Executive Officer Tim Kentley-Klay after closing a massive financing round in July. Kentley-Klay tweeted on Wednesday that the firing came "without a warning, cause or right of reply." "Today was Silicon Valley up to its worst tricks," he wrote.

Jesse Levinson, the company’s other co-founder and current chief technology officer, will be promoted to president, said a person familiar with the decision who asked not to be identified because the discussions are private. The person declined to offer an explanation for the move. Carl Bass, the former CEO of Autodesk and a Zoox board member, was named executive chairman for the company.