Mobileye founder Amnon Shashua to step down as CEO after 27 years

Amnon Shashua, the founder of Mobileye, told the company’s board he intends to step down as chief executive once a successor is found, ending a 27-year run at the Intel-majority-owned autonomous-driving and driver-assistance supplier.

The disclosure, made on July 23, 2026, came alongside second-quarter earnings that beat analyst estimates. Shashua, 66, has been offered the chairman role and will stay on the board, focused on Mobileye’s push into humanoid robotics and robotaxis.

Mobileye’s board, chaired by Safroadu Yeboah-Amankwah, will hire an executive-search firm to find a successor. Intel owns about 77% of the company.

The transition lands as Mobileye pivots. It said in June 2026 it would launch its own robotaxi service in a US city in 2027, and in January 2026 it acquired Shashua’s humanoid-robotics startup, Mentee Robotics, for $900 million.

Shashua built Mobileye into a supplier whose technology sits in more than 250 million vehicles across over 1,400 models. He led its 2014 initial public offering, its 2017 sale to Intel for more than $15 billion, and its 2022 relisting — after which the shares have fallen nearly 60%, a reminder that the founder’s exit follows a rocky stretch for the stock.