Warren East, ARM’s CEO, is retiring on 30 June, after 12 years heading up ARM and 19 years at ARM overall. Simon Segars, ARM President, is to take over.
Under East, ARM’s revenues grew from $213m to $913m, and profits grew 5x.
East joined ARM in 1994 to establish the company’s consulting business and later became VP of business operations. He became COO in 1997 and CEO in October 2001.
Simon Segars, 45, joined the Board in January 2005, is President of ARM, and has operational responsibility for the company’s IP divisions. Simon has been with ARM since 1991 and has held several executive roles including EVP Engineering, when he worked on many of the early ARM processors, as well as EVP Worldwide Sales and EVP Business Development.
“It has been a privilege to lead ARM during such a momentous and exciting time for our industry,” says East, “we take a very long-term view about our business, and we believe that now is the right time to bring in new leadership, to execute on the next phase of growth and to plan even further into the future.”
“Warren has transformed ARM during his time as CEO,” says ARM Chairman Sir John Buchanan, “in 2001 ARM had one processor product line found mainly in mobile phones. Now ARM provides the broadest portfolio of technologies in the industry, used by more than 300 semiconductor customers in nearly 9 billion chips last year.”
Segars will be ARM’s third CEO after East and founding CEO Sir Robin Saxby.