MicroVision, Inc. (MVIS) Appoints Chief Technology Officer as CEO

MicroVision, Inc. (NASDAQ:MVIS) is one of the best lidar stocks to buy right now. On September 4, the company confirmed that Glen W. DeVos will take over as the chief executive officer on September 30, 2025. He takes over with more than three decades of leadership experience in the automotive and industrial technology sectors.

MicroVision, Inc. (MVIS) Appoints Chief Technology Officer as CEO

The company plans to leverage DeVos’s extensive experience in developing and driving strategy, leading global organizations, and managing capital. Since taking over as Chief Technology Officer in 2025, DeVos has overseen the evolution of the company’s engineering operations toward productization and commercialization.

“As the company sharpens its strategic focus on delivering products and solutions to targeted industries, now is the right time for this leadership transition and Glen is the ideal leader to serve as our CEO. Glen’s extensive experience getting products to market and successfully anticipating industry challenges will help us efficiently execute our strategic plan,” said Bob Carlile, Chair of MicroVision’s Board of Directors.

MicroVision, Inc. (NASDAQ:MVIS) is a technology company that creates integrated hardware and software lidar systems, providing high-resolution 3D data for autonomous systems and advanced driver-assistance systems (ADAS). Its MAVIN lidar sensor captures detailed point cloud data, which their perception software then processes to identify and track objects, enabling safer navigation and operation in industries such as automotive, robotics, and logistics.

While we acknowledge the potential of MVIS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MVIS and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.