– UK, Cambridge – ARM Holdings plc [(LSE: ARM); (NASDAQ: ARMH)], the world’s leading semiconductor intellectual property (IP) supplier, is pleased to announce the appointment of Chris Kennedy as CFO. Chris will succeed Tim Score, who continues as CFO, following the announcement of his retirement at the company’s Annual General Meeting on 1 May 2014.

Chris brings to ARM more than 20 years of international experience in senior finance roles in a broad range of sectors, most recently at easyJet plc where he has served as CFO and member of the Board since 2010. During his time at easyJet he was a key part of the management team that transformed easyJet’s performance.  Prior to easyJet Chris worked at EMI plc.   He was appointed to the Board of EMI’s holding company, Maltby Ltd., in 2008 as CFO and then Chief Investment Officer.

Simon Segars, CEO of ARM Holdings plc, said, “I am delighted to welcome Chris as CFO. His global experience in building great businesses will be very valuable as we execute our strategy of investing in technology for long term growth and creating superior returns for our shareholders.”

Chris Kennedy will be joining the Board of ARM Holdings plc as a director and CFO, once he has completed his commitments at easyJet. A further announcement will be made in due course.

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