Alphabet's Drone Delivery Unit Promotes CTO To CEO Role

Alphabet Inc's GOOG GOOGL Wing unit promoted its longtime CTO to the CEO role.
Wing seeks to expand its drone delivery operations rapidly, including the Dallas suburbs.
Adam Woodworth replaced James Ryan Burgess as the CEO, who stepped aside from most of his duties following a health issue. Burgess will remain an adviser to the company.
He is recovering from an undisclosed health issue but opted not to return to his job.
Wing calls itself the world's largest residential drone delivery service, Bloomberg reports. In the first six weeks of this year, Wing claimed 25,000 deliveries by drone, a 10-fold increase over the same period last year.
Wing looks to expand soon to a Walgreens in suburban Dallas after testing deliveries in Christiansburg, Virginia, and Finland.
Price Action: GOOG shares traded higher by 0.53% at $2,720.28 on the last check Tuesday.

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