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Billionaire founder of Luminar replaced as CEO following ethics inquiry | TechCrunch

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Summary
Nutrition label

76% Informative

Austin Russell's lidar startup Luminar appears to be out as CEO, according to the company’s board.

Russell resigned as president and CEO and as the chairperson of the board, effective immediately.

Russell will remain on the board and be “available to the incoming Chief Executive Officer on transition and technology matters,” the board said.

A day after the leadership change was announced, a board member resigned.

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75

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74

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2

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semi-formal

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English

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50

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short-lived

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