Arm’s new CEO takes over, preparing to launch IPO

Arm announced today that the Board of Directors has appointed Rene Haas as its new CEO and joins the Board of Directors, effective immediately. He will succeed former Arm CEO and board member Simon Segars who has served 30 years at Arm, and Simon Segars will serve as a consultant in the short term to assist with the transition.

Arm said Rene Haas will lead the company to accelerate its growth and prepare for an IPO. Masayoshi Son, Chairman and CEO of SoftBank Group, pointed out that Rene is the right leader to lead the company to accelerate growth as Arm prepares to go public again.

Rene Haas has 35 years of experience in the semiconductor industry and has been President of the Arm IP Products Group since 2017. Under his leadership, the IP Group has expanded investments in the industry’s largest ecosystem of software developers, as well as product development in high-growth markets such as infrastructure and automotive. These investments bring new partners to the Arm ecosystem, including Alibaba, Ampere, AWS, Bosch, Denso, Mobileye, and Telechips, and are on track for record-high royalty, licensing, and profit this fiscal year.

Before joining Arm in 2013, Rene Haas held various roles in application management, application engineering, and product engineering, and was NVIDIA’s vice president and general manager of the Computing Products Group for seven years.

Rene Haas said that Arm will change the lives of people around the world by providing the core technology of the smartphone revolution; its unique market positioning advantages can meet the diverse needs of artificial intelligence, cloud, Internet of Things, automotive and metaverse. Arm is poised for a new path of growth as the uncertainties of the past few months pass.

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