Waymo has tapped Google executive Steve Fieler as its new chief financial officer, the self-driving company announced on Monday.

The new CFO comes as the Alphabet-owned company has been bringing its robotaxi service to more markets in the past year, with plans for further expansion in 2026. Fieler’s appointment also comes as Waymo looks toward its next phase, which could include seeking additional outside investment.

“Steve’s extensive experience will be instrumental in guiding us through this next chapter,” Waymo co-CEO Tekedra Mawakana said in a statement.

It’s unclear how Fieler’s appointment affects current Waymo’s finance chief Elisa de Martel, who was appointed to the role in 2022. Neither Waymo nor de Martel responded to requests for comment.

Fieler was a key member of Google’s CFO leadership team, where he served as vice president of planning, investments and investor relations, according to Waymo. Prior to that, Fieler worked as business finance officer for Google’s “Platforms and Ecosystems” unit, responsible for products including Android and Chrome.

Prior to Google, Fieler served as finance chief at HP. He’s also held various positions at various early-stage companies and at General Electric, according to his LinkedIn profile.

Alphabet’s segment “Other Bets,” which includes the Waymo unit, reported revenue of $344 million during the third quarter, down from $388 million the year prior. Losses also grew from $1.12 billion last year in the third quarter to $1.43 billion in the same period this year.

Waymo now offers a commercial service in the Los Angeles area, Phoenix, San Francisco, Atlanta and Austin. The company has also announced plans to start robotaxi services in Miami and Washington, D.C., in 2026, and Waymo said in August that it obtained permits to begin testing its autonomous vehicles with trained safety drivers in New York City.

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