Mobileye Global Inc. (Nasdaq: MBLY) founder Prof. Amnon Shashua has informed the company’s Board of Directors of his intention to step down as Chief Executive Officer after 27 years leading the autonomous-driving and driver-assistance technology supplier, effective once a successor is named. In its announcement, Mobileye said the Board will hire an executive search firm and run a comprehensive process to select the company’s next CEO, with Shashua remaining a company director throughout the transition. The Board has offered Shashua the role of Chairman once a new CEO is appointed, a position in which he would focus primarily on long-term technology trends, including the expansion of Mobileye’s humanoid robotics business. The company says the planned transition is intended to preserve continuity of leadership, strategy, and execution while positioning Mobileye for continued growth.
Highlights
- Shashua founded Mobileye in 1999 and plans to step down as CEO after 27 years, remaining a company director through the search for a successor
- Mobileye’s technology has been deployed in more than 250 million vehicles across more than 1,400 vehicle models worldwide, according to the company
- The Board has offered Shashua the Chairman role once a new CEO is named, with a focus on long-term technology trends and the company’s humanoid robotics business
- Intel retains approximately 77% beneficial ownership of Mobileye, which relisted via IPO in 2022 after being acquired by Intel in 2017
A Board-Led Search for the Next CEO
Mobileye Chairman Safroadu Yeboah-Amankwah credited Shashua with shaping not just the company but the broader driver-assistance and autonomous-driving industry. “A true technology leader and innovator, Amnon has helped shape not just Mobileye but has also played a defining role in the evolution of the modern driver-assistance and autonomous-driving industry,” Yeboah-Amankwah said. “We are confident in Mobileye’s strategy, leadership team, technology platform, customer relationships, and long-term opportunities,” he added. “As we take the next step in succession planning, we are focused on selecting the right leader who will help us deliver our next phase of growth.”
Intel, Mobileye’s majority shareholder, also weighed in. “We at Intel thank Amnon for his leadership, dedication and commitment to building Mobileye into an industry leader,” said David Zinsner, Intel’s Executive Vice President and Chief Financial Officer. “We continue to be bullish on Mobileye and its trajectory and look forward to working with the new CEO and leadership team on the next chapter in Mobileye’s success story.”
From Computer Vision Pioneer to Physical AI
Mobileye, founded in 1999, built its business by applying computer vision technology to driving, and the company says its technology is now deployed in more than 250 million vehicles across more than 1,400 vehicle models globally. More recently, Mobileye has expanded into humanoid robotics as part of a push into Physical AI — an extension of the same robotaxi ambitions the company has been building out on the driving side.
Chairman Role and the Path Ahead
Shashua framed the move as a deliberate step in the company’s maturation rather than an exit. “As the company continues to grow and mature, I believe this is the right moment to establish the leadership structure that will be best suited for Mobileye’s next chapter,” he said. “I remain deeply committed to Mobileye’s success and am excited about the opportunities ahead, particularly in advanced AI, autonomous systems, and humanoid robotics. I look forward to supporting the Board and leadership team throughout the transition process and continuing to contribute to the areas where I can have the greatest long-term impact.”
Public Markets History and Intel Ownership
Shashua has guided Mobileye through several major corporate milestones, including its 2014 initial public offering, which the company says stands as the largest Israeli IPO ever, and the sale of the company to Intel in 2017. Mobileye relisted through a second IPO in 2022 and is approximately 77% beneficially owned by Intel today. The company’s driver-assistance technology continues to win new automaker programs even as Mobileye’s board manages the leadership change at the top.
Recognition for a Three-Decade Career
Shashua has held the Sachs Chair in Computer Science at the Hebrew University of Jerusalem since 2007. His honors include election to the U.S. National Academy of Engineering in 2026, inclusion on the TIME100 AI list of the world’s most influential people in artificial intelligence in 2025, the Israel Prize for Lifetime Achievement in 2023, the Automotive Hall of Fame’s Mobility Innovator Award in 2022, and the Dan David Prize in Artificial Intelligence in 2020.
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