Waymo Names New CFO As Expansion Accelerates

Benzinga

Waymo named Google executive Steve Fieler as its new CFO as the company expands robotaxi operations and considers external funding. Alphabet’s “Other Bets” segment continued to post widening losses, even as Waymo prepares to enter new markets.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Waymo appointed Google executive Steve Feeler as its new chief financial officer on Monday,

00:07according to CNBC. The appointment comes as Waymo expands its service to more markets

00:12and considers seeking outside investment for its next growth phase. Co-CEO Takedra

00:18Mawakana said Feeler's financial leadership would guide the company through its next phase.

00:23Feeler previously served as Google's vice president of planning,

00:26investments, and investor relations, and was formerly HP's CFO.

00:32Alphabet's other bets, IANTS, which includes Waymo, posted $344 million in third quarter revenue,

00:39down from $388 million a year earlier, with losses widening to $1,430,000,000.

00:46Waymo operates in Los Angeles, Phoenix, San Francisco, Atlanta, and Austin,

00:50and plans to expand to Miami and Washington, D.C. in 2026.

00:54For all things money, visit Benzinga.com.

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