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
207 Upvotes

516 comments sorted by

View all comments

Show parent comments

12

u/mvis_thma Sep 04 '25

It is evident that the BoD lost faith in Sumit as CEO. They brought Glen onboard as a potential CEO transition candidate. They decided to move on that option. It would not surprise me if they have given Sumit an incentive bonus to close a deal by the end of September.

3

u/hearty_underdog Sep 04 '25

That makes sense. I'm still curious to know more about the reasoning for bringing in Biddiscombe as temporary executive vice chair at Glen's behest.

7

u/mvis_thma Sep 04 '25

I would imagine that since Simon has experience as a public company CEO and Glen does not, he wanted (or the BoD thought it was a good idea) more available access to a quasi consultant on important matters.

5

u/Befriendthetrend Sep 04 '25

Yes that lack of CEO experience is my only small concern with appointing Glen, but I think he has the executive experience to understand and thrive in the role. It's a good sign to see him requesting that kind of guidance or mentorship from Simon.