Sterling Anderson Company resigns just a week after the company’s launch, Sterling Anderson, a newborn and co -founder of Arura Trade self -driving truck service In Texas
Anderson took over as Chief Product Officer in Arora. Was a resignation Posted in regulatory filing With the company’s first quarter revenue report. His resignation will be implemented on June 1. He will leave the board on August 31.
The company filed a resignation from the board, “the result of any disagreement with the company regarding any issues related to its work, policies or methods. The company and the entire board are the founders of Mr Anderson’s services and the founder of the company for his immense contribution to the company.”
According to joint information during the company’s income call, Anderson is leading out external opportunities in a senior leading role in a famous global company.
Anderson could not be commented. However, he commented during the company’s first quarter income call.
“Leaving Aurora is one of the most difficult decisions I have ever made, especially in view of the interesting stage,” he said during a call on Thursday. “This is exactly what I have given me the confidence that this is the right time. Aurora has reached an important infection point. The product strategy is firmly established. The technology is on the road, the team is in place to measure it, and the pace we have created in the industry is clear.”
Anderson was the director of Tesla’s Auto Pilot Program when he left for the Google Self -Driving Project with CEO Chris and Moseson to co -found Orara in 2017, and Drew Bagneel, who was guiding Uber’s sovereignty and impression team. The three, who are considered to be the pioneers of the autonomous vehicle industry, immediately resonate Arora, which helps to attract high -level investors such as Sequatia Capital, Amazon, and Troy Roose Associates, as well as a lot of partnerships.
Aurora received more catch in December 2020 when he had contracts with Uber Buy a self -driving unit of a ride -driven firm In a complex deal that value the joint company $ 10 billion. Under the terms of this acquisition, Arora did not pay cash for Ober ATG worth $ 7.25 billion after investing $ 1 billion in 2019 with the Toyota, Denno, and Softbank Vision Fund. Instead, Uber handed over his equity to ATG and invested $ 400 million in Arura. According to filing with the US Securities and Exchange Commission, Uber received 26 % shares in the joint company.
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Within four years the company went from Bozi Startup Public trade company The special purpose was launched by the company’s Revenant Technology Partners Wii, the place was launched by LinkedIn, LinkedIn, his co -founder and investor Red Huffman, Zinga’s founder Mark Pankas, and Managing Partner Michael Thomson.
Aurora, a deep tech company, which is still from development and stable income over the years, has suffered a headlight only after becoming common in 2021. The company focused its efforts on its own trucks, and also supported other projects like robotics.
At the end of the last month, Arora announced that it successfully launched a self -powered truck service in Texas, fought only on its own deadline.