ARMH Arm Holdings Plc ADS Each Representing 3 Ordinary Shares (MM)

   By Ed Ballard 
 

U.K. semiconductor company ARM Holdings PLC (ARM.LN) has appointed Chris Kennedy, currently finance chief at Easyjet PLC (EZJ.LN), as its new Chief Financial Officer.

Mr. Kennedy will succeed Tim Score, who announced his plan to retire last May, once he has served a notice period of up to a year at the low-cost airline, the chipmaker said in a statement.

ARM's Chief Executive Simon Segars said 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."

Write to Ed Ballard at Ed.Ballard@wsj.com

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