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ARM Holdings (ARMH) CEO Warren East will retire on July 1 after 12 years in the job and be...

ARM Holdings (ARMH) CEO Warren East will retire on July 1 after 12 years in the job and be replaced by company President Simon Seagars, who joined ARM in 1991. East has transformed Arm as CEO, taking it from a company with one processor product line found mainly in mobile phones to a firm with a broad portfolio and 300 semiconductor customers. Arm shares are -0.9% in London. (PR)
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Comments (2)
  • Ashraf Eassa
    , contributor
    Comments (9231) | Send Message
     
    I hope Mr. East enjoys his retirement. He's earned it.

     

    That being said, I wonder why he's leaving so early...
    19 Mar 2013, 06:49 AM Reply Like
  • Yaron Ron Reuven
    , contributor
    Comments (465) | Send Message
     
    He reached an unrealisticly high level with his $900mm company being valued at $21 billion and knows there's no higher point he or anyone leading company will ever reach under current IP business model. Plus the millions of $ worth of stock he sold apparently are not enough, so he's now going to be able to sell the rest since all options become fully vested.
    19 Mar 2013, 10:07 AM Reply Like
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