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- Departure of CEO (new) — Founder and CEO Prof. Amnon Shashua is stepping down after 27 years, triggering a CEO succession process.
Mobileye founder and CEO Amnon Shashua to step down after 27 years; board begins search
Filed July 23, 2026 · Period ending July 18, 2026 · ~1 min read
Key Changes
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Prof. Amnon Shashua, founder and CEO for 27 years, informed the board he will step down as President and CEO upon appointment of a successor; board has initiated comprehensive search process using executive search firm.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Board offered Shashua the Chairman role upon his resignation as CEO; he will remain a director and focus on long-term technology trends including the company's humanoid robotics business.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Filing confirms Intel beneficially owns approximately 77% of Mobileye following the 2022 IPO; Intel's CFO stated Intel remains bullish on Mobileye's trajectory.
Exhibit 99.1 view on EDGAR → -
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Shashua's decision was not due to any disagreement with the Board on matters related to the company's operations, policies, or practices.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Mobileye's technology deployed in over 250 million vehicles across more than 1,400 vehicle models globally; company acquired Mentee Robotics in 2026 to pursue physical AI and humanoid robots.
Exhibit 99.1 view on EDGAR →
Summary
Mobileye disclosed that its founder and CEO of 27 years, Prof. Amnon Shashua, has informed the board he will step down as President and Chief Executive Officer once a successor is appointed. The board has begun a comprehensive search process using an executive search firm.
Shashua will remain a director and has been offered the Chairman role, where he will focus on long-term technology trends including the company's humanoid robotics business following its 2026 acquisition of Mentee Robotics. The filing explicitly states the decision was not due to any disagreement with the board.
This is a significant leadership transition for a company with technology deployed in over 250 million vehicles globally. Intel, which beneficially owns approximately 77% of Mobileye following the 2022 IPO, expressed continued support for the company's trajectory. The planned nature of the transition—with Shashua staying on until a successor is found and then moving to Chairman—suggests continuity, but CEO succession at a founder-led technology company carries execution risk. The new CEO will inherit a business expanding beyond autonomous driving into humanoid robotics while navigating Intel's majority ownership structure.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On July 18, 2026, Prof. Amnon Shashua, President and Chief Executive Officer of Mobileye Global Inc. (the “Company”) informed the Company’s Board of Directors (the “Board”) of his intention to step down as President and Chief Executive Officer upon the appointment of his successor. The Board has initiated a search process.
Prof. Amnon Shashua, the company's President and CEO, has informed the Board he will step down from both executive roles once a successor is appointed. The Board has begun a formal search process for his replacement. This represents a planned leadership transition at the top of the organization.
Added in current filing · verify on EDGAR →
Upon the effectiveness of his resignation as President and Chief Executive Officer, the Board has offered to Prof. Shashua the role of Chair of the Board.
The Board has offered Prof. Shashua the position of Board Chair once he steps down from his executive roles. This would keep him involved in governance and strategic oversight while transitioning operational leadership to a new CEO.
Added in current filing · verify on EDGAR →
Prof. Shashua’s decision to resign as President and Chief Executive Officer was not due to any disagreement with the Board on any matter related to the Company’s operations, policies or practices.
The filing explicitly states that Prof. Shashua's decision to step down was not the result of any disagreement with the Board regarding the company's operations, policies, or practices. This disclosure suggests the transition is amicable and planned rather than the result of conflict.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Prof. Amnon Shashua, has informed the Board of Directors of his intention to step down as Chief Executive Officer upon the appointment of a successor. Mobileye’s Board of Directors will hire an executive search firm and will conduct a comprehensive process to select a new CEO. Prof. Shashua will remain a director of the company, and the Board has offered Prof. Shashua the role of Chairman once a new CEO has been appointed.
Mobileye's founder and CEO of 27 years, Prof. Amnon Shashua, has informed the board he will step down as CEO once a successor is appointed. The board will conduct a comprehensive search using an executive search firm. Shashua will remain a director and has been offered the Chairman role after the new CEO is appointed, focusing on long-term technology trends including the company's humanoid robotics business.
Added in current filing · view on EDGAR →
The company was relisted in an IPO in 2022 and is approximately 77% beneficially owned by Intel.
The filing confirms that Intel beneficially owns approximately 77% of Mobileye following the 2022 IPO. This ownership structure is material to understanding the company's governance and Intel's continued strategic interest in the business.
Added in current filing · view on EDGAR →
in 2026 Mobileye acquired Mentee Robotics to pursue the future of physical AI and humanoid robots
Mobileye disclosed that it acquired Mentee Robotics in 2026 to pursue physical AI and humanoid robotics. This represents a strategic expansion beyond the company's core autonomous driving business into new technology frontiers.
Added in current filing · view on EDGAR →
We are confident in Mobileye’s strategy, leadership team, technology platform, customer relationships, and long-term opportunities. 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.
The board chairman expressed confidence in Mobileye's strategy, leadership team, technology platform, and long-term opportunities during the CEO transition. Intel's CFO also stated Intel remains bullish on Mobileye's trajectory and looks forward to working with the new CEO and leadership team.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 27, 2026 · How we verify