Recent Updates — MBLY
Mobileye Global Inc. amended the employment agreement of Executive Vice President Nimrod Nehushtan, transitioning him from Business Development & Strategy to a part-time role focused on corporate strategy effective November 1, 2026. His title changes to Executive Vice President Corporate Strategy with scope reduced to 20% of full-time work and monthly compensation set at NIS 50,000. The amendment also accelerates vesting of unvested restricted stock units if terminated without cause before July 10, 2027. Mobileye Global Inc. develops autonomous driving technology.
Mobileye Global Inc. reported third-quarter 2026 revenue of $492 million, a 2% decline from the prior year period, driven by lower average system prices and reduced Supervision volumes, partially offset by higher EyeQ shipment volumes. The company posted an adjusted diluted EPS of $0.11 and improved its full-year 2026 revenue guidance midpoint by $13 million to a range of $1,995 million to $2,020 million. Operating metrics showed improvement, with GAAP operating loss narrowing by 25% year-over-year due in part to an Israeli R&D incentive grant. Mobileye operates in the autonomous driving and advanced driver-assistance systems (ADAS) technology sector.
On September 3, 2026, Mobileye Global Inc. announced that Executive Vice President Nimrod Nehushtan transitioned from his full-time role as EVP of Business Development & Strategy to a part-time position focused on corporate strategy. His existing compensation arrangements remain unchanged. Following this transition, Vice President Nimrod Brickman will continue to lead the company's business development activities. Mobileye Global Inc. operates in the autonomous driving and advanced driver-assistance systems (ADAS) industry.
Mobileye Global Inc. announced that Mr. Patrick Bombach resigned from its board of directors effective August 8, 2026. This resignation coincides with his departure as Corporate Vice President, Head of Corporate Legal and Assistant Corporate Secretary at Intel Corporation, Mobileye's controlling shareholder. The company stated the decision was not due to any disagreements regarding operations or policies. Mobileye Global Inc. operates in the autonomous driving technology sector, developing advanced driver-assistance systems (ADAS) and self-driving software.