On Tuesday, the autonomous ride-hailing startup Cruise announced that Regina E. Dugan had joined its board as its first independent director., a former US Ambassador to Australia, as its chief legal officer.
Cruise, valued at nearly $20 billion following investment from SoftBank and Honda, has also cut staff —A veteran of DARPA, Google, and FacebookDespite those moves and an uncertain future, the company that General Motors bought for around $1 billion, all in, when it was a little-known startup founded by Kyle Vogt and Dan Kan remains committed to a world in which individual car ownership declines.
"In health care and in transportation, I believe in the power of science and technology to change our world. With this power comes the responsibility to deliver life-saving advances at scale," she said in a statement. "Cruise has the tech, the team, and the tenacity to get it done. I'm stoked to join."
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