Mobileye Founder Shashua Plans to Step Down as CEO After 27 Years; Shares Fall 15%

Mobileye founder and CEO Amnon Shashua informed the board he intends to step down, disclosed in an SEC filing on July 23, 2026. No successor is named and no search timeline has been disclosed. Shashua will remain CEO until a replacement is hired and has been offered the chairman role. Shares fell 15% in early trading.