tiagosilva29 Posted March 19, 2013 Share Posted March 19, 2013 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. (...) Source: http://www.reuters.c...N0CB1W020130319 Link to comment Share on other sites More sharing options...
remixedcat Posted March 19, 2013 Share Posted March 19, 2013 Wow, first the EA CEO and now this? weird.... Link to comment Share on other sites More sharing options...
tiagosilva29 Posted March 19, 2013 Author Share Posted March 19, 2013 Wow, first the EA CEO and now this? weird.... :iiam: Link to comment Share on other sites More sharing options...
vanx Posted March 19, 2013 Share Posted March 19, 2013 Wow, first the EA CEO and now this? weird.... EA CEO = screwed up, time to quit ARM CEO = raking in lots of dough, quit while you are on a high Simples :) Link to comment Share on other sites More sharing options...
tiagosilva29 Posted March 19, 2013 Author Share Posted March 19, 2013 EA CEO = screwed up, time to quit ARM CEO = raking in lots of dough, quit while you are on a high Simples :) :busted: Link to comment Share on other sites More sharing options...
remixedcat Posted March 19, 2013 Share Posted March 19, 2013 thing is people are mixed about the EA CEO some say the old one was worse Link to comment Share on other sites More sharing options...
Growled Member Posted March 20, 2013 Member Share Posted March 20, 2013 I hope the new CEO can do half as good as East did. Link to comment Share on other sites More sharing options...
remixedcat Posted March 20, 2013 Share Posted March 20, 2013 Would have been funny if he were replaced by a West Link to comment Share on other sites More sharing options...
Alwaysonacoffebreak Posted March 20, 2013 Share Posted March 20, 2013 I hope the new CEO can do half as good as East did. Huh? So what did East do so wrong? Link to comment Share on other sites More sharing options...
FloatingFatMan Posted March 20, 2013 Share Posted March 20, 2013 Huh? So what did East do so wrong? 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. Link to comment Share on other sites More sharing options...
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