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Luminar CEO Ousted Amid Ethics Probe Shakeup

  • Austin Russell, Luminar's founder, replaced as CEO following ethics inquiry.
  • Paul Ricci, former Nuance CEO, appointed as new chief executive.
  • Russell will remain on the board to assist with transition.
  • Ethics inquiry does not affect the company's financials, per board.
  • Leadership change omitted from Luminar's earnings report presentation.

Source: TechCrunch

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9mo ago
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