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CAMBRIDGE, UK, 15 April 2010 -ARM Holdings plc ((LSE: ARM); (Nasdaq: ARMH)) announces that Lucio Lanza, currently a non-executive director of the Company, will retire from the Board by rotation at the Annual General Meeting on 14 May 2010 and has decided not to stand for re-election. Mr Lanza has been a member of the Board since December 2004 when ARM acquired Artisan, of which he was Chairman from 1997.
Commenting on the announcement, Doug Dunn, Chairman said
"We are indebted to Lucio for the valuable contribution he has made over the past 5 years through his extensive knowledge of the semiconductor industry and the US market."
Lucio Lanza, managing director of Lanza techVentures said
"I am proud of my long and satisfying association with ARM, a company that has made such a significant impact on the semiconductor and electronics industry. I leave the board confident that ARM has a solid leadership team with a strategic vision that has set the company in the right direction well into the future."
This information is provided by RNS
The company news service from the London Stock Exchange