Mobileye Appoints Elaine L. Chao to Its Board of Directors
10 Junho 2024 - 5:45PM
Business Wire
Mobileye Global Inc. (Nasdaq: MBLY) announced today the
appointment of Elaine L. Chao to the Mobileye Global Inc. Board of
Directors as an independent director, effective as of June 7,
2024.
“It’s an honor to have former U.S. Secretary of Transportation
and U.S. Secretary of Labor Elaine Chao join Mobileye’s board as an
independent director,” said Patrick P. Gelsinger, chair of
Mobileye’s board of directors. “Elaine’s experience in technology,
transportation and business transformation will bring a wealth of
knowledge to our mission of advancing road safety through advanced
technology.”
Secretary Chao has had a distinguished career as a national and
global leader in the public, private and nonprofit sectors. She has
been confirmed to two Cabinet positions by the United States Senate
on a strong bipartisan basis, serving as the 24th U.S. Secretary of
Labor from 2001 to 2009 and the 18th U.S. Secretary of
Transportation from 2017 to 2021. She was the first woman of Asian
American heritage to serve in a U.S. Presidential cabinet. Beyond
her extensive government service, Secretary Chao has also served as
a director for several public companies, from Fortune 500 firms to
technology and transportation innovators, as well as across the
nonprofit sector.
“Having known Secretary Chao for several years, I know she will
make an immediate and positive contribution to Mobileye’s board,”
said Mobileye President and CEO Prof. Amnon Shashua. “She has long
been a vocal advocate for breakthrough technology that benefits all
road users, a key part of our mission at Mobileye.”
Secretary Chao earned her master’s in business administration
from Harvard Business School and her undergraduate degree in
economics from Mount Holyoke College. She was President and CEO of
United Way America, Director of the Peace Corps, and a banker with
Citicorp and Bank of America. In recognition of her accomplishments
in public service, she is also the recipient of 38 honorary
doctorate degrees.
___________________________________ Mobileye (Nasdaq: MBLY)
leads the evolution of mobility with our autonomous driving and
driver-assistance technologies, based on world-renowned expertise
in artificial intelligence, computer vision, mapping, and
integrated hardware and software. Since our founding in 1999,
Mobileye has enabled the wide adoption of advanced
driver-assistance systems while pioneering groundbreaking
technologies such as REM™ crowdsourced mapping, True Redundancy™
sensing, Responsibility-Sensitive Safety™ (RSS™) driving policy and
Driving Experience Platform (DXP). These technologies support a
product portfolio structured for scale and designed to unlock the
full potential of mobility, offering a range of solutions from
premium ADAS to autonomous vehicles. By the end of 2023,
approximately 170 million vehicles worldwide have been equipped
with Mobileye technology. In 2022, Mobileye listed as an
independent company separate from Intel (Nasdaq: INTC), which
retains majority ownership. For more information, visit
https://www.mobileye.com.
“Mobileye,” the Mobileye logo and Mobileye product names are
registered trademarks of Mobileye Global. All other marks are the
property of their respective owners.
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Investor Relations Contact: investors@mobileye.com
Media Contact: PR@mobileye.com
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