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Wajeeh Khan

MBLY Stock Alert: What to Know as Mobileye Announces Leadership Transition

Mobileye MBLY Amnon Shashua

Mobileye Global (MBLY) announced on July 23 that its founder and longtime CEO, Amnon Shashua, plans to step down from the role once a successor is appointed, marking the end of a 27-year tenure at the helm of the Jerusalem-based autonomous driving technology company.

Shashua, who co-founded Mobileye in 1999, will remain on the board of directors and has been offered the position of chairman, though he has not yet made a final decision on whether to accept that role.

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