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ARM CEO Simon Segars Joins SoftBank Group Board of Directors
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Business Wire India | 23 Jun, 2017
ARM Holdings plc today announced that CEO Simon Segarsâ appointment to the SoftBank Group Corp. (SBG) Board of Directors was formally approved at SBGâs 37th Annual General Meeting of Shareholders held today in Tokyo.
SBG earlier announced new board candidates to strengthen corporate governance and accelerate growth. Mr. Segarsâ appointment comes following SoftBankâs historic 2016 acquisition of ARM for US$32 billion.
âIâm honored to join the SoftBank Board at this exciting next stage of innovation,â said Segars. âIn 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.â
More information on SBGâs 37th Annual General Meeting of Shareholders can be found here.
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