Waymo, the self-driving car subsidiary of Alphabet, has named Google executive Steve Fieler as its new chief financial officer, the company announced on Monday.

Context of the Appointment

• Fieler joins as Waymo expands its robotaxi services and prepares for further growth in 2026.
• The company is also evaluating its next phase, which may include additional outside investment.
• Co-CEO Tekedra Mawakana highlighted Fieler’s “extensive experience” as key to guiding Waymo through this stage.

About Steve Fieler

• Previously a key member of Google’s CFO leadership team, serving as VP of planning, investments, and investor relations.
• Managed finance for Google’s “Platforms and Ecosystems” unit, overseeing products such as Android and Chrome.
• Former finance chief at HP and has held roles at early-stage companies and General Electric.

Waymo’s Financial & Operational Overview

• Alphabet’s “Other Bets” segment, which includes Waymo, reported Q3 revenue of $344 million, down from $388 million a year earlier.
• Losses increased from $1.12 billion to $1.43 billion year-over-year for the same period.
• Waymo currently operates commercial robotaxi services in Los Angeles, Phoenix, San Francisco, Atlanta, and Austin.
• Expansion plans include Miami and Washington, D.C. in 2026, and testing with trained drivers in New York City.

Waymo also acknowledged former CFO Elisa de Martel, who had served since 2022, wishing her well in her next endeavors.

Fieler’s appointment signals Waymo’s intent to strengthen its financial leadership as it scales operations and explores potential investments to support autonomous vehicle expansion.