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Posted

[quote]LONDON, March 19 (Reuters) - Warren East, who led ARM Holdings from start-up to near monopoly designer of smartphone chips, with its processors at the heart of Apple's iPhone and Samsung's Galaxy, is to step down as chief executive after 12 years.

Current group president Simon Segars will replace 51-year-old East from July, the British company said on Tuesday. East, who trained as an engineer, said it was time to move on but gave few clues on why he was leaving.

Since East joined in 1994, ARM has evolved from one processor product line to the world's dominant player in mobile computing, providing the microprocessors that run nearly all the world's smartphones, and around a third of all consumer devices.

"Obviously there's a part of me that would like to stay in this business forever, but we built the business with a team on the basis of collaborative thinking and planning far into the future," East said on a conference call with reporters.

"I believe now is the right time to bring in new leadership, somebody who can push the thinking even further forward and be sure to be around to implement those future plans."

ARM licenses its processor designs to chipmakers including Apple, Samsung, Qualcomm and Texas Instruments. Its low-power processors have enabled it to dominate mobile computing, leaving rival Intel far behind in the sector.

In Cambridge, ARM has been at the heart of the so-called 'Silicon Fen', a cluster of high-tech firms at the southern tip of the English Fenland, about an hour's drive north of London. Founded in 1990, ARM now employs 2,300 people, with 2013 revenues forecast at around $1.03 billion.

"We've built a global company based here in the UK, proving it can be done in technology, and I intend to do a bit more of that," said East, who eschews the casual clothes and colourful style of California's Silicon Valley in favour of smart suits and a sober manner.
(...)[/quote]Source: [url="http://www.reuters.com/assets/print?aid=USL6N0CB1W020130319"]http://www.reuters.c...N0CB1W020130319[/url]

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Posted

Wow, first the EA CEO and now this? weird....

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Posted

[quote name='remixedcat' post='595585932']Wow, first the EA CEO and now this? weird....
[/quote]
:iiam:

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Posted

[quote name='remixedcat' timestamp='1363699021' post='595585932']
Wow, first the EA CEO and now this? weird....
[/quote]

EA CEO = screwed up, time to quit

ARM CEO = raking in lots of dough, quit while you are on a high

Simples :)

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Posted

[quote name='vanx' timestamp='1363699725' post='595585952']
EA CEO = screwed up, time to quit

ARM CEO = raking in lots of dough, quit while you are on a high

Simples :)
[/quote] :busted:

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Posted

thing is people are mixed about the EA CEO some say the old one was worse

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Posted

I hope the new CEO can do half as good as East did.

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Posted

Would have been funny if he were replaced by a West

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Posted

[quote name='Growled' timestamp='1363744018' post='595587284']
I hope the new CEO can do half as good as East did.
[/quote]

Huh? So what did East do so wrong?

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Posted

[quote name='alwaysonacoffebreak' timestamp='1363761688' post='595587564']
Huh? So what did East do so wrong?
[/quote]

That's not what his comment means. It means that if the replacement can only do half as good a job as the original, it'd still be an excellent job.

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