Mobileye CEO Amnon Shashua to Step Down After Nearly Three Decades
Quick Look
- Mobileye founder and CEO Amnon Shashua will step down from his leadership role after nearly three decades, as the company expands into robotaxis and humanoid robots.
- He will remain CEO until a replacement is hired, following a regulatory filing.
AI-generated summary
Why It Matters
Amnon Shashua, Mobileye's founder, is stepping down after nearly 30 years, during which the company grew from academic research into a major automotive chip supplier and expanded into autonomous driving.
Mobileye founder and CEO Amnon Shashua plans to step down from the top leadership post after nearly three decades, just as the company pushes into robotaxis and humanoid robots.
Shashua will remain CEO until Mobileye hires a replacement, according to a regulatory filing Thursday.
Mobileye got its start making computer vision chips based on Shashua’s academic research at Hebrew University in Israel, and grew into a major supplier of the chips that power automotive safety and driver-assistance features. It had the largest IPO in Israel’s history, was acquired in 2017 by Intel for $15.3 billion, then spun back out as a publicly traded company in 2022, though Intel remains its largest shareholder.
Under Shashua, Mobileye also moved beyond selling chips to automakers and began building its own systems that handle autonomous driving, which it now supplies to Volkswagen and its MOIA subsidiary.
In January, the company acquired Shashua’s humanoid robotics startup Mentee Robotics for $900 million, which Shashua called part of “Mobileye 3.0,” the next phase of the business focused on robotics and automotive AI.
What to Watch
AI outlook — possibilities, not facts
Mobileye will hire a replacement CEO.
Very likely · Within months
Open Questions
- Who will replace Amnon Shashua?
- What is the exact timeline for the CEO transition?
