Waymo announces new CFO Steve Fieler

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A Waymo autonomous self-driving Jaguar electrical conveyance sits parked astatine an EVgo charging presumption successful Los Angeles, California, connected May 15, 2024.

Patrick T. Fallon | AFP | Getty Images

Waymo has tapped Google enforcement Steve Fieler arsenic its caller main fiscal officer, the self-driving institution announced connected Monday.

The caller CFO comes arsenic the Alphabet-owned institution has been bringing its robotaxi work to much markets successful the past year, with plans for further enlargement successful 2026. Fieler's assignment besides comes arsenic Waymo looks toward its adjacent phase, which could see seeking further extracurricular investment.

"Steve's extended acquisition volition beryllium instrumental successful guiding america done this adjacent chapter," Waymo co-CEO Tekedra Mawakana said successful a statement.

It's unclear however Fieler's assignment affects existent Waymo's concern main Elisa de Martel, who was appointed to the relation successful 2022. Neither Waymo nor de Martel responded to requests for comment.

Fieler was a cardinal subordinate of Google's CFO enactment team, wherever helium served arsenic vice president of planning, investments and capitalist relations, according to Waymo. Prior to that, Fieler worked arsenic concern business serviceman for Google's "Platforms and Ecosystems" unit, liable for products including Android and Chrome.

Prior to Google, Fieler served arsenic concern main astatine HP. He's besides held assorted positions astatine assorted early-stage companies and astatine General Electric, according to his LinkedIn profile.

Alphabet's conception "Other Bets," which includes the Waymo unit, reported gross of $344 cardinal during the 3rd quarter, down from $388 cardinal the twelvemonth prior. Losses besides grew from $1.12 cardinal past twelvemonth successful the 3rd 4th to $1.43 cardinal successful the aforesaid play this year.

Waymo present offers a commercialized work successful the Los Angeles area, Phoenix, San Francisco, Atlanta and Austin. The institution has besides announced plans to commencement robotaxi services successful Miami and Washington, D.C., successful 2026, and Waymo said successful August that it obtained permits to statesman investigating its autonomous vehicles with trained information drivers successful New York City.

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