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TuSimple expects to quickly hire new CEO

November 2, 2022
Source: freightwaves.com freightwaves.com
News Snapshot:
In the wake of firing its CEO and a huge hit to its share price, autonomous trucking developer TuSimple said it expects to permanently fill the top spot quickly and press ahead with its commercialization strategy. “We’re already actively recruiting,” TuSimple Chairman Brad Buss told analysts on the company’s third-quarter earnings call Tuesday. “The key is there’s not a big disagreement on strategy. That’s the biggest thing that sends companies sideways. We’re very aligned. So it’s really just getting a couple of people in place and away we go.” TuSimple said after sending co-founder Xiaodi Hou packing on Sunday that...
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