Mobileye: Founder Amnon Shashua to Step Down as CEO as Board Searches for Successor

On July 23, 2026, Mobileye announced a leadership transition plan: founder and CEO Amnon Shashua told the board of directors that he will step down as CEO as soon as his successor takes office.

What exactly did Mobileye announce

On July 23, 2026, Mobileye started the process of handing over power at the very top of the company. The board of directors will begin a full search for a new CEO, and Shashua has been offered the chairmanship of the board once a successor is appointed.

This is a planned departure, not an emergency one: Shashua himself brought the initiative to the board of directors and was not removed. Until the board finds and approves a new chief executive, the founder remains CEO and continues to run the company.

• Announcement date: July 23, 2026
• Departing: founder and current CEO Amnon Shashua
• The departure will happen only after the successor takes office
• The board of directors is running a full selection process for the new CEO
• Shashua has been offered the position of chairman of the board of directors

According to

Mobileye's statement, Shashua will remain chief executive until the board of directors completes the search for and appointment of a successor.

Who is Amnon Shashua

Amnon Shashua is an Israeli scientist and entrepreneur who founded Mobileye in 1999 and has led the company continuously ever since. Under his leadership, Mobileye became one of the world's leaders in advanced driver-assistance systems (ADAS) and autonomous driving technology built on its proprietary EyeQ chips.

Mobileye became part of Intel in 2017 and held a second IPO on Nasdaq in 2022, remaining under Intel's control. Throughout this time, Shashua has combined two roles: the scientific visionary who sets the technology agenda and the operating executive responsible for the company's business results.

Who will lead Mobileye next

The name of Mobileye's future CEO has not yet been announced: on July 23, 2026, the board of directors only announced the start of the search and gave no timeline. Until the search is complete, Shashua himself will continue to lead the company, which reduces the risk of a management vacuum during the transition.

The proposed arrangement, in which the founder leaves the operating role but stays on as chairman of the board of directors, is a common way for technology companies to keep a key figure's influence over strategy while handing day-to-day management to a professional manager. The board gets time to find a candidate without deadline pressure, and Intel, as the controlling shareholder, keeps continuity in how the asset is managed.

Why this matters for the auto industry

Mobileye remains one of the main suppliers of autonomous driving technology to the global auto industry, and a CEO change at such a company affects the roadmaps of dozens of partner automakers. The handover of power from a founder to a hired executive signals that the robotaxi and ADAS industry is maturing, moving from research labs to a mature, mass-production business.

The exit of a founder-visionary from the CEO seat always carries risk: Shashua's personal scientific agenda has shaped Mobileye's product strategy since 1999. Keeping him on as chairman of the board of directors should soften the transition and preserve continuity in key technology decisions.

What this means

Mobileye is entering a phase of planned leadership renewal: the founder is preparing to hand over operational management but retains control of strategy through the chairman's seat. For the autonomous driving market, it is another sign that the industry is moving from the startup stage to stable corporate structures that separate the roles of visionary and chief operating executive.