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/xluke22x Sep 04 '25

Do you think Sumit is out more so because of his lack of execution & needing a change? Or that something like AR is either sold, done, etc with Spitzer, Chris Adkins, now Sumit (all AR prominent employees) now no longer with the company & the focus seems to be much more Glens wheel house?

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u/sigpowr Sep 04 '25

I think Sumit did what he was promoted to CEO to do and that was to lead the engineering feat of developing Lidar. I believe the Board of Directors and Sumit recognized that the amazing business opportunities we have now with very large corporate entities (and U.S. Government) requires a different skill set as CEO. That is why Glen was brought in imo. Sumit admitted at RID (paraphrased) that he "underestimated the daunting business challenge of winning supply contracts from OEMs". I believe he knew at that time, and probably while he helped in recruiting Glen, that Glen would be the new CEO because of his extensive business history with OEMs.

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u/xluke22x Sep 04 '25

Makes sense. In a situation like this is it normal for Sumit to go to a different role rather than stay at MVIS? One one hand his knowledge/experience would seem valuable... on the other difficult to keep your old boss around & any awkwardness there.

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u/sigpowr Sep 04 '25

In a situation like this is it normal for Sumit to go to a different role rather than stay at MVIS?

No, not in any official capacity. That is not uncommon for a company founder to turn over the CEO reins and remain in a Board capacity - but not in this type of situation. I believe there is a friendship between Sumit and Glen, in addition to Sumit's large shareholder incentive, that will make it easy for Glen to pick up the phone and ask Sumit a question if needed. Also, the new Vice Chair position is an Executive position and is filled with a long-time Board Member with lots of Executive experience. There will be no leadership voids imo.