Dan Ammann, the New Zealand native who served as CEO of autonomous vehicle company Cruise since 2019, has moved on to ExxonMobil, where he will be leading a new business focused on commercializing low-emission business opportunities in carbon capture and storage, hydrogen and low-emission fuels, according to a statement from ExxonMobil.
Ammann, the former president of General Motors, abruptly stepped down as CEO of Cruise in December, to be formally replaced by Cruise’s co-founder Kyle Vogt in early March. He will take up the position of president of ExxonMobil Low Carbon Solutions effective May 1, replacing Joe Blommaert who is retiring after 35 years with the company.
Ammann was president of GM from 2014 to 2018, and before that, he served as CFO from 2011 to 2014. The executive was front and center of GM’s initial investment and acquisition of Cruise, of which the automaker owns an 80% stake after buying out SoftBank’s equity ownership last week.
When he took over as CEO, Cruise had grow …
