SoftBank taps Arm CEO Rene Haas for its board of directors

SoftBank has nominated Arm CEO Rene Haas to be appointed to its board of directors, in another sign the Japanese tech investment holding biz is planning to keep the chip designer under its influence after the IPO. Confirmation [PDF] of Haas as the sole candidate nominated for election to the board was made this morning, and is …

[CowHorseFrog]

Why all the focus on a nobody ? Does this guy walk on water or do anything beside payhimself a big bonus ?

[diodesign]

Not really a nobody

Rene's not really a nobody. Not only is he running Arm these days -- taking over from long-time boss Simon Segars when that Nvidia deal collapsed -- and has been there for a few years, but he was one of Jensen Huang's right-hand men at Nvidia for a while.

Dunno, we just thought it would be interesting to cover what's going on at the top of Arm and within Softbank while there's a lot of attention and interest in it pre-IPO.

C.

[pimppetgaeghsr]

Another corporate flunkey in ARM failing upwards. But hey what would I know, Softbank manage tens of billions and are usually very good at recognising talent and value.