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Home > Finance > CEO of Boston Dynamics to step down, as Hyundai's robot strategy in focus

CEO of Boston Dynamics to step down, as Hyundai's robot strategy in focus

Published by Global Banking & Finance Review®

Posted on February 11, 2026

2 min read

Last updated: February 11, 2026

CEO of Boston Dynamics to step down, as Hyundai's robot strategy in focus - Finance news and analysis from Global Banking & Finance Review

Tags:innovation technology financial markets leadership

Quick Summary

Hyundai's robot strategy is under the spotlight as Boston Dynamics CEO resigns, boosting Hyundai's stock and future robot plans.

Hyundai's Robot Strategy Takes Center Stage as Boston Dynamics CEO Resigns

Hyundai's Robot Business Strategy

By Heejin Kim and Jihoon Lee

Impact of CEO Resignation

SEOUL, Feb 11 (Reuters) - Robert Playter, chief executive of Hyundai Motor Group's robot affiliate Boston Dynamics is stepping down, the Waltham, Massachusetts-based company said on its X account.

Market Reactions and Stock Performance

Shares of Hyundai Motor rallied 5.9% in Seoul trading on Wednesday as the leadership change spurred market expectation that the automaker intends to accelerate commercialisation of its robot business.

Future Plans for Boston Dynamics

"The stock appeared to have risen because of the news about the resignation of the CEO," said James Hong, Seoul-based analyst at Macquarie, adding that Playter's team had been "R&D-oriented" for robot development.

A media report that Boston Dynamics' robot dogs have been deployed to work at a nuclear power plant in Britain also contributed to the stock's gains, a note from Seoul-based Daishin Securities said.

Hyundai Motor Group, which controls Hyundai and Kia, acquired Boston Dynamics in 2021 with a majority stake.

In January, Hyundai said it plans to deploy humanoid robots made by Boston Dynamics at its U.S. manufacturing plant in Georgia.

Kia's shares gained 4.6%.

(Reporting by Heejin Kim and Jihoon LeeEditing by Ed Davies)

Key Takeaways

•Boston Dynamics CEO Robert Playter steps down.
•Hyundai's robot strategy gains market attention.
•Hyundai shares rise due to leadership change.
•Boston Dynamics robots deployed in UK nuclear plant.
•Hyundai plans to use robots in US manufacturing.

Frequently Asked Questions about CEO of Boston Dynamics to step down, as Hyundai's robot strategy in focus

1What is Boston Dynamics?

Boston Dynamics is a robotics company known for developing advanced robots, including robotic dogs and humanoids, aimed at various industrial applications.

2What is a CEO?

A CEO, or Chief Executive Officer, is the highest-ranking executive in a company, responsible for making major corporate decisions and managing overall operations.

3What is commercialization?

Commercialization is the process of bringing a new product or service to market, ensuring it is available for sale to consumers.

4What is market reaction?

Market reaction refers to how investors respond to news or events that may affect a company's stock price, often reflected in trading activity.

5What is a stock rally?

A stock rally is a period during which the price of a stock or a group of stocks rises significantly, often driven by positive news or investor sentiment.

Hyundai's Robot Business Strategy

By Heejin Kim and Jihoon Lee

Impact of CEO Resignation

SEOUL, Feb 11 (Reuters) - Robert Playter, chief executive of Hyundai Motor Group's robot affiliate Boston Dynamics is stepping down, the Waltham, Massachusetts-based company said on its X account.

Market Reactions and Stock Performance

Future Plans for Boston Dynamics

A media report that Boston Dynamics' robot dogs have been deployed to work at a nuclear power plant in Britain also contributed to the stock's gains, a note from Seoul-based Daishin Securities said.

Hyundai Motor Group, which controls Hyundai and Kia, acquired Boston Dynamics in 2021 with a majority stake.

In January, Hyundai said it plans to deploy humanoid robots made by Boston Dynamics at its U.S. manufacturing plant in Georgia.

Kia's shares gained 4.6%.

(Reporting by Heejin Kim and Jihoon LeeEditing by Ed Davies)

Frequently Asked Questions

1What is Boston Dynamics?

Boston Dynamics is a robotics company known for developing advanced robots, including robotic dogs and humanoids, aimed at various industrial applications.

2What is a CEO?

A CEO, or Chief Executive Officer, is the highest-ranking executive in a company, responsible for making major corporate decisions and managing overall operations.

3What is commercialization?

Commercialization is the process of bringing a new product or service to market, ensuring it is available for sale to consumers.

4What is market reaction?

Market reaction refers to how investors respond to news or events that may affect a company's stock price, often reflected in trading activity.

5What is a stock rally?

A stock rally is a period during which the price of a stock or a group of stocks rises significantly, often driven by positive news or investor sentiment.