ARM Holdings announced the appointment of CEO Simon Segars to the SoftBank Group Board of Directors. Segars’ appointment comes following SoftBank’s historic 2016 acquisition of ARM for US$32 billion.
Along with Simon, Marcelo Claure, President and CEO , Sprint; Rajeev Misra, CEO of SoftBank Investment Advisers; Mark Schwartz, Senior Director, Goldman, Sachs & Co; and Yasir O. Al-Rumayyan, Managing Director and Board Member, the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia, are also appointed to the Board.
Simon Segars, CEO, has been at the heart of transformational change in the technology industry for 25 years, said ARM. He led the development of early ARM processors for the world’s first digital mobile phones and now spearheads ARM’s vision for smart and connected technologies that create better social, economic, education and health prospects for all.
Before being appointed CEO in July 2013, Simon held several leadership positions within ARM’s engineering and business development teams. He is based in California’s Silicon Valley, and spends much of his time meeting leading influencers in the world’s technology hubs in the US, Europe and China.
Simon Segars, Board of Directors, Softbank Group
In the same way it transformed mobile computing from chip to cloud and all points in between, ARM shapes the smart, connected world of IOT across a common platform. This is at the heart of the SoftBank vision and I look forward to working with the team to make it a reality.
