ARM president Simon Segars has vowed to maintain the microchip designer’s independence when he takes over the helm from outgoing chief executive Warren East.
By submitting your personal information, you agree that TechTarget and its partners may contact you regarding relevant content, products and special offers.
Earlier this week, Warren East – who was the winner of Computer Weekly’s UKtech50 in 2012 – announced he would step down after 12 years in the CEO role at the end of June.
Simon Segars, who has been with ARM for 22 years, said he will resist any takeover attempts and keep the fierce independence that has made ARM the world’s largest chip designer, according to the Guardian.
“We have 300 licensees of our technology, we share confidential information with each other and they rely on the neutrality of our position. Being an independent company is the right model," Segars said.
By creating designs that can be licensed to other companies instead of manufacturing chips itself, ARM has designed 32% of semiconductors sold worldwide, compared with Intel’s 16%.
Under Warren East’s leadership since October 2001, ARM has seen a long period of growth to become a dominant force in the smartphone chip market, holding 95% market share in 2012.
Segars recognises that discretion and neutrality have been key to this success.
"I am honoured to have been appointed to succeed Warren, who has achieved so much in his time leading the business,” Segars said.
“Above all, Warren’s vision of the ARM business model and commitment to the ARM partnership has been inspirational and has created a tremendous platform for future growth.
“I am keen to lead the company into the next phase of growth, working even more closely with chairman John Buchanan, the board, our employees and our customers as well as continuing to develop the ARM partnership."
East gave his backing to the new CEO, saying: “I have worked with Simon in the senior leadership team for many years and we share a global perspective and belief in the ARM approach to partnership and collaboration.”