Larry Page’s flying car company Pivotal loses its CEO
Ken Karklin has stepped down as CEO of Pivotal, an eVTOL aircraft company backed by Larry Page, after four years of leadership. The company has appointed board member Mike Ross as interim CEO as it continues to bring its Helix aircraft to market.
Why it matters
Signals a leadership transition in the high-stakes Advanced Air Mobility sector, which is currently moving from prototype to commercial reality.
The CEO of a flying car company backed by Larry Page has left the company.
Ken Karklin, who was Pivotal’s CEO for more than four years, left the role this week, according to a press release . Pivotal said Karklin is “pursuing new endeavors” but didn’t offer any other information about the executive’s departure from the electric vertical takeoff and landing (eVTOL) firm.
“Leading Pivotal has been the privilege of my career. Together, we’ve moved beyond the promise of light eVTOL and proved it out in practice,” Karklin said in a statement. “This industry has moved past prototypes and press releases; it’s now operating in the real world, under real constraints, with real consequences for the future of Advanced Air Mobility. As I turn to new endeavors, I do so knowing the foundation we built here will help carry this industry forward.”
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