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Tech11:17 · 8h ago

Mobileye Founder Amnon Shashua Steps Down as CEO After 27 Years

Arutz ShevaRight
Translated & summarized from Arutz Sheva by baba
The story · English

Amnon Shashua, the founder and long-serving CEO of Mobileye, announced his resignation from the CEO position after leading the company for 27 years since its inception. He is expected to transition to the role of chairman of the board, while the company’s board has initiated a search for a new CEO. Safra Catz, Mobileye’s board chair, praised Shashua’s exceptional leadership and his pivotal role in shaping not only Mobileye but also the advanced driver-assistance systems (ADAS) and autonomous driving industry. She expressed confidence in the company’s strategy, management team, technology platform, customer relationships, and long-term opportunities as they prepare for the next growth phase under new leadership.

Shashua reflected on his nearly three decades at Mobileye, describing the company as his life’s work. He stated that as Mobileye continues to grow and evolve, it is the right time to establish a leadership structure suited for the company’s next chapter. He remains deeply committed to Mobileye’s success and is enthusiastic about future opportunities in advanced artificial intelligence, autonomous systems, and humanoid robotics. Shashua plans to support the board and management team throughout the transition and contribute in areas where he can have the most significant long-term impact.

Read the original at Arutz Sheva
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