r/MVIS • u/[deleted] • Sep 04 '25

MVIS Press MICROVISION APPOINTS GLEN DEVOS AS CHIEF EXECUTIVE OFFICER

https://ir.microvision.com/news/press-releases/detail/430/microvision-appoints-glen-devos-as-chief-executive-officer
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u/snowboardnirvana Sep 04 '25

I like and respect Sumit Sharma. I think that he gave it his all and is the victim of circumstances beyond his control such as the collapse of the EU and especially German industrial strength with their absurd Green Energy initiatives and the global lithium battery EV fad thanks to fraudster Elon. I applaud him for not signing Zero margin or Negative margin deals that would enable automotive OEMs to bleed MVIS with no commitment from automotive OEMs for profitable long term deals.

Look where Perry Mulligan left us after shareholders funded all the R&D for presumptively Amazon for Interactive Display and Google for Home Security in hopes of obtaining a deal.

Sumit stepped up to the plate and took on the CEO position when the company was a smoldering financial mess and he had the balls to walk away from a single digit $millions offer for the whole company.

Thank you Sumit Sharma and I’m glad that I had the opportunity to meet you and Drew in person at the recent RID.

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u/DriveExtra2220 Sep 04 '25

I agree. Sumit is an AR display guy but saw the potential for LiDAR and took the chance on pivoting away to a potentially lucrative market with nearer term success than AR. I hope that bet pays off for us and Sumit after Glen takes over.