Microsoft CFO to Leave
Microsoft CFO Peter Klein, 49, will leave the company, after nearly four years in role and 11 years at the company. Microsoft will be naming a new CFO from its finance leadership team. Prior to being named Microsoft CFO, Klein served as Corporate VP and CFO of Microsoft's Business Division (MBD), overseeing the financial performance of the division which includes the Microsoft Office System, Unified Communications, Microsoft Business Solutions and other businesses.
ARM Holdings Witnesses CEO Succession
ARM Holdings’ CEO Warren East, 51, has decided to retire, after nearly twelve years as CEO and nineteen outstanding years at the company. Simon Segars, 45, currently President of ARM, will become the company's new CEO. Warren East joined ARM in 1994 to establish the company's consulting business and later became VP of business operations. Within three years he was appointed to the Board as COO. Warren became ARM's CEO in 2001 and under his leadership ARM has become the foremost designer of semiconductor IP in the world, providing processor technology for nearly all mobile phones and network devices and storage, with many other consumer and industrial electronic devices.