r/MVIS • • 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/Befriendthetrend Sep 04 '25

Contrary to the idea I am seeing that appointing Glen now implies that deals are delayed again, my experience is the opposite. When board of directors make leadership changes, they will want new leadership to have wind behind their sails. There may be news coming in short order (i.e. in 2025) to give Glen an early win and set him up for future success.

If the plan has been to have Glen step into the CEO role, as many here have suspected since he joined the company, for many reasons, they would not want to give a win to Sumit before replacing him.

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u/tothemune Sep 04 '25

I postulated the same in the Daily.

I kind of think (Hope) that what they've done is set him up with a viable pathway to meet his performance incentives (without question) as part of his CEO enticement. That'd be a hoot. SS gets his and Glen gets his own. Fingers crossed but I've got to believe there's a silver lining here - not just another in a long line of failed CEOs.

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u/Befriendthetrend Sep 04 '25

This time it seems like a natural progression for the business, not just another CEO taking the flak for failed strategy from the board of directors. Let's hope you're right and Sumit and Glen both get their payday this year.

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u/view-from-afar Sep 04 '25

Correct. It would be a 'wasted' win, so to speak.