Business
Aurora Promotes David Maday to Chief Financial Officer
Aurora’s leadership team affirms its commitment to long-term profitable growth, financial discipline, and maximizing shareholder value. PITTSBURGH--(BUSINESS
About this update from Aurora Innovation, Inc.
[{"type":"text","content":"\nAurora’s leadership team affirms its commitment to long-term profitable growth, financial discipline, and maximizing shareholder value.\n\n\n PITTSBURGH--(BUSINESS WIRE)--\nAurora Innovation, Inc. (NASDAQ: AUR) announced today that it has named David Maday as its new Chief Financial Officer, effective June 14, 2023. Maday assumes the role from Richard Tame, who is stepping down to pursue other opportunities. Tame will continue with the company until August 31, 2023 to support a smooth transition.\n\n\n“Dave is a highly accomplished finance leader with a proven track record of managing profitable enterprises at scale,” said Chris Urmson, Co-Founder and CEO at Aurora. “With Dave’s strategic acumen, I’m confident we will accelerate our commercial performance while simultaneously increasing our financial discipline across the business. I also want to extend our appreciation for all that Richard has done for Aurora during his three years with the company. We thank him for his service and wish him the best in his next chapter.”\n\n\n“I’ve thoroughly enjoyed my time as part of the Aurora leadership team and am proud of the many contributions we made to build the company,” said Tame. “I look forward to working with Dave during the transition period.”\n\n\nMaday previously served as Aurora’s Senior Vice President of Business Development and Product Strategy. Prior to joining Aurora, Maday spent over 20 years at General Motors, including leading the transformation of GM's Product Program Finance organization. In this capacity, he was accountable for prioritization, tracking and reporting of the global product portfolio that encompassed multi-billion dollar capital and engineering expenditures annually. He also oversaw the development and implementation of financial metrics that increased focus on controllable factors to maximize return on invested capital. In his role leading Corporate Development and Global M&A, he developed and executed several multi-billion dollar partnerships.\n\n\n“I am delighted to assume the Chief Financial Officer position at Aurora and play an important role in this next chapter of maturation of the company,” said Maday. “I look forward to building upon the relationships and knowledge I’ve developed over the past few years at Aurora to advance our trajectory even further. We’re at a very exciting point as we ap...