---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-026597"
form_type: "8-K"
ticker: "CEVA"
cik: "0001173489"
company_name: "CEVA INC"
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T00:42:04.190368+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CEO Gideon Wertheizer to retire Dec 31, 2022; Amir Panush appointed CEO effective Jan 1, 2023

## Summary
- Amir Panush, former CEO of InvenSense/TDK MEMS Sensors, to become CEO on Jan 1, 2023.
- Wertheizer will remain on board as non-executive member and provide advisory services for up to 12 months post-retirement.
- Wertheizer receives immediate full vesting of unvested RSUs on transition date plus salary and bonus through mid-2023.
- COO Michael Boukaya promoted to EVP & COO, salary raised to NIS 85,000/month; CFO Yaniv Arieli salary increased to NIS 100,000/month.
- Panush receives monthly salary of NIS 150,000, signing bonus of NIS 600,000, and initial RSU grant of $1.2M.

## SEC filing metadata
- accession: 0001437749-22-026597
- form_type: 8-K
- ticker: CEVA
- cik: 0001173489
- company_name: CEVA INC
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173489/000143774922026597/0001437749-22-026597-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173489/000143774922026597/ceva20221101_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-026597
- JSON: https://secwatch.observer/filing/0001437749-22-026597.json
- Plain text: https://secwatch.observer/filing/0001437749-22-026597.txt

## Key facts
- Executive change
  Amir Panush was appointed as Chief Executive Officer at CEVA INC.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On November 9, 2022, the Company publicly announced the appointment of Amir Panush as CEO of the Company to succeed Mr. Wertheizer, with his service as CEO to commence on January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173489/000143774922026597/0001437749-22-026597-index.htm
- Executive change
  Gideon Wertheizer departed as Chief Executive Officer at CEVA INC.
  - Action: retire
  - Role: Chief Executive Officer
  source text: On November 9, 2022, CEVA, Inc. (the “Company”) reported that Gideon Wertheizer has announced his intention to retire from his position as the Company’s Chief Executive Officer (“CEO”) and an employee of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173489/000143774922026597/0001437749-22-026597-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.