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Billionaire founder of Luminar replaced as CEO following ethics inquiry
Austin Russell, who became a billionaire after his lidar startup Luminar went public, appears to be out as CEO, according to the company's board.
His commitment to innovation, his ability to scale organizations, and his instinct for anticipating where technology is heading make him the ideal person to lead us into our next chapter of growth. Simonici, who retired as CEO of Lear in 2018, is chair of the board’s audit committee, which also includes Jun Hong Heng, who is the founder and chief investment officer of technology investment firm Crescent Cove Advisers, Evergreen Capital Partners founder Dominick Schiano, and Daniel Tempesta, who served as executive VP and CFO at Nuance. Kirsten Korosec is a reporter and editor who has covered the future of transportation from EVs and autonomous vehicles to urban air mobility and in-car tech for more than a decade.
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