Zoox's CEO recently left the company as apart of an entire change within their management. Zoox is a highly funded autonomous car startup.
Zoox has already started searching for a replacement for Tim Kentley-Klay, who co-founded the Silicon Valley-based company, a source close to Zoox told Business Insider. In the meantime, it has named board member Carl Bass as its Executive Chairman and Co-founder Jesse Levinson as its president, the source said. Bass is the former CEO of Autodesk.
Kentley-Klay confirmed his ouster in a statement posted on his Twitter account. Zoox's board fired him "without a warning, cause or right of reply," he said in the statement.
"Today was Silicon Valley up to its worst tricks," he said. "Rather than working through the issues in an epic startup for the win," he continued, "the board chose a path of fear, optimizing for a little money in hand at the expense of profound progress for the universe."
Along with his statement, Kentley-Klay posted a pair of charts comparing Zoox to its chief rivals -- Google spinoff Waymo, Uber, and GM-owned Cruise. The charts essentially assert that Zoox has made more progress with its technology for less money than its rivals.
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