We're seeing some shifts of power in big companies this year, where earlier today we saw EA's CEO step down, and now we're hearing that ARM's CEO, Warren East, will retire in July. East will be replaced by current ARM president, Simon Segars.
Segars has been with the company since 1991, where East has helped expand ARM's business from one product line when he took over in 2001, to the position of power they find themselves in today. Their technologies are used by over 300 chip customers, which in turn have seen ARM technology baked into 9 billion chips last year alone, according to ARM chairman John Buchanan. An interesting turn for ARM.