ARM Holdings plc today announced that CEO Simon Segars’ appointment to the SoftBank Group Corp. (SBG) Board of Directors was formally approved at SBG’s 37th Annual General Meeting of Shareholders held today in Tokyo.

SBG earlier announced new board candidates to strengthen corporate governance and accelerate growth. Mr. Segars’ appointment comes following SoftBank’s historic 2016 acquisition of ARM for US$32 billion.

“I’m honored to join the SoftBank Board at this exciting next stage of innovation,” said Segars. “In 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.”

More information on SBG’s 37th Annual General Meeting of Shareholders can be found here.

About Arm

Arm technology is defining the future of computing. Our energy-efficient processor designs and software platforms have enabled advanced computing in more than 250 billion chips and our technologies securely power products from the sensor to the smartphone and the supercomputer. Together with 1,000+ technology partners, we are enabling artificial intelligence to work everywhere, and in cybersecurity, we are delivering the foundation for trust in the digital world – from chip to cloud. The future is being built on Arm.

All information is provided "as is" and without warranty or representation. This document may be shared freely, attributed and unmodified. Arm is a registered trademark of Arm Limited (or its subsidiaries). All brands or product names are the property of their respective holders. © 1995-2023 Arm Group.