Mobileye Appoints New CEO, Johann Jungwirth
Ticker: MBLY · Form: 8-K · Filed: 2025-04-03T00:00:00.000Z
Sentiment: neutral
Topics: leadership-change, executive-appointment, board-of-directors
Related Tickers: MBLY
TL;DR
New CEO at Mobileye! Jungwirth takes over from Shashua, who becomes Exec Chairman. Big changes ahead?
AI Summary
Mobileye Global Inc. announced on April 3, 2025, that its Board of Directors has appointed Mr. Johann Jungwirth as Chief Executive Officer, effective April 2, 2025. Mr. Jungwirth, who previously served as a director, will also join the Board. He succeeds Mr. Amnon Shashua, who will transition to the role of Executive Chairman.
Why It Matters
This leadership change at Mobileye Global Inc. could signal a strategic shift in the company's direction and execution of its autonomous driving technology roadmap.
Risk Assessment
Risk Level: medium — CEO transitions can introduce uncertainty regarding future strategy and operational execution, potentially impacting investor confidence.
Key Players & Entities
- Mobileye Global Inc. (company) — Registrant
- Johann Jungwirth (person) — Appointed Chief Executive Officer and Director
- Amnon Shashua (person) — Outgoing Chief Executive Officer, transitioning to Executive Chairman
FAQ
What is the effective date of Johann Jungwirth's appointment as CEO?
Johann Jungwirth's appointment as Chief Executive Officer is effective April 2, 2025.
What is the new role of Amnon Shashua?
Amnon Shashua will transition from his role as CEO to become the Executive Chairman.
Will the new CEO also join the Board of Directors?
Yes, Johann Jungwirth will also join the Board of Directors.
What was Johann Jungwirth's previous role at Mobileye?
Johann Jungwirth previously served as a director of Mobileye Global Inc.
What is the filing date of this 8-K report?
This 8-K report was filed on April 3, 2025.
From the Filing
0001104659-25-031687.txt : 20250403 0001104659-25-031687.hdr.sgml : 20250403 20250403161601 ACCESSION NUMBER: 0001104659-25-031687 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250402 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250403 DATE AS OF CHANGE: 20250403 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Mobileye Global Inc. CENTRAL INDEX KEY: 0001910139 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology EIN: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41541 FILM NUMBER: 25809688 BUSINESS ADDRESS: STREET 1: HAR HOTZVIM, 13 HARTOM STREET STREET 2: P.O. BOX 45157 CITY: JERUSALEM STATE: L3 ZIP: 97775 BUSINESS PHONE: 972 2 541 7333 MAIL ADDRESS: STREET 1: HAR HOTZVIM, 13 HARTOM STREET STREET 2: P.O. BOX 45157 CITY: JERUSALEM STATE: L3 ZIP: 97775 FORMER COMPANY: FORMER CONFORMED NAME: Mobileye Holdings Inc. DATE OF NAME CHANGE: 20220224 FORMER COMPANY: FORMER CONFORMED NAME: Mobileye Group Inc. DATE OF NAME CHANGE: 20220209 8-K 1 tm2511430d1_8k.htm FORM 8-K false 0001910139 0001910139 2025-04-02 2025-04-02 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM  8-K     CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934   Date of Report (Date of Earliest Event Reported):  April 3, 2025 ( April 2, 2025 )     Mobileye Global Inc. (Exact name of registrant as specified in its charter)   Delaware   001-41541   88-0666433 (State or Other Jurisdiction of Incorporation or Organization)   (Commission File Number)   (IRS Employer Identification Number)   c/o Mobileye B.V. Har Hotzvim, Shlomo Momo HaLevi Street 1 Jerusalem 9777015 , Israel (Address of principal executive offices and zip code)   + 972 - 2-541-7333 (Registrant’s telephone number, including area code)   Former name or former address, if changed since last report: N/A     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol Name of each exchange on which registered Common Stock ($0.001 Par Value) MBLY Nasdaq Global Select Market   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).   Emerging Growth Company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨             Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers   (b)   On April 2, 2025, Ms. Christine Pambianchi informed Mobileye Global Inc. (the “