CEO of chip designer ARM steps down
by Nigel Willmott : Be the first to leave a comment
The chief executive of chip designer ARM has made a surprise resignation after nearly 12 years at the helm.
Warren East, 51, who joined ARM in 1994, will be replaced by Simon Segars, 45,currently group president, an insider who joined the company 22 years ago.
ARM designs dominate the mobile phone and tablet market, with 8.7 billion ARM-based chips shipped last year, according to Reuters. No significant change in strategy is expected.
ARM is now worth an estimated £13bn. East’s total remuneration in 2012 was £7.6m, according to Reuters.
Maybe he would like to invest a small fraction in Risc Os.