Mobileye plans CEO succession as Shashua steps down

Mobileye Global Inc. announced that founder Amnon Shashua will step down as CEO once a successor is appointed, with the board launching a formal search and Shashua potentially moving to the chair role to ensure a smooth transition. The leadership shift follows nearly three decades of Shashua at the helm and underscores Mobileye’s broader strategy to expand into AI, humanoid robotics, and a vertically integrated robotaxi segment, while maintaining ongoing product and strategic initiatives. Intel, currently the largest shareholder, expressed confidence in the company’s leadership and long-term direction amid the change. In the interim, the board has engaged an executive search firm to identify the next chief executive, and Shashua will continue to serve as a director, with the possibility of remaining involved as chair. Financials around the transition show Mobileye’s strong Q2 performance supporting its growth plans, including pioneering product launches slated for 2026 and 2027, which helped drive shares higher in premarket trading. The news has been covered by multiple outlets highlighting Shashua’s integral role in Mobileye’s development and the company’s efforts to preserve continuity and innovation during the leadership transition.