Mobileye has begun a CEO transition after founder Amnon Shashua told the company's board that he intends to step down once a successor is appointed.

The disclosure, filed with the SEC and announced by Mobileye on July 23, says the board will hire an executive search firm and run a comprehensive process to select the next chief executive. Shashua will remain a director, and the board has offered him the chair role after the new CEO is in place. Mobileye also said the planned resignation was not caused by a disagreement with the board over operations, policies or practices.

The timing matters because Mobileye is no longer just a supplier of driver-assistance systems. The company describes its technology as deployed in more than 250 million vehicles through more than 1,400 vehicle models, while also pushing toward autonomous driving and "Physical AI." TechCrunch reported that Mobileye's recent strategy includes U.S. robotaxi plans and a January acquisition of Mentee Robotics, a humanoid robotics startup co-founded by Shashua.

That makes the succession process more than a routine executive change. Mobileye is trying to defend an established automotive-safety business while taking on more capital-intensive markets where the customers, product timelines and competitive set are different from classic ADAS supply deals. A new CEO will inherit that mix before investors know whether Mobileye can convert its autonomy stack and robotics bets into durable revenue.

For now, there is no named successor or handover date. The verified action is narrower: Shashua plans to leave the CEO job after the board completes its search, while remaining tied to the company through the board.