Management ChangeJul 23, 2026, 06:46 AM
Mobileye CEO Amnon Shashua to Step Down; Board Initiates Search
AI Summary
Mobileye Global Inc. announced that its President and CEO, Prof. Amnon Shashua, intends to step down from his role upon the appointment of a successor. The Board has initiated a search process and has offered Prof. Shashua the role of Chair of the Board once a new CEO is in place. The company clarified that his decision was not due to any disagreement with the Board regarding operations, policies, or practices.
Key Highlights
- Prof. Amnon Shashua, President and CEO, informed the Board of his intention to step down.
- His resignation will be effective upon the appointment of his successor.
- The Board has initiated a comprehensive search process for a new CEO.
- Prof. Shashua has been offered the role of Chair of the Board after a new CEO is appointed.
- His decision was not due to any disagreement with the Board on company operations or policies.
- Prof. Shashua currently intends to remain a member of the Board.
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