Arm appoints new board members and new CFO

News

  • New directors Karen Dykstra and Jeff Sine join Arm’s board

  • Jason Child Named New CFO

CAMBRIDGE, ENGLAND, September 27, 2022–(BUSINESSWIRE)–Arm today announced the appointment of new board members, Karen Dykstra, former CFO of AOL, and Jeff Sine, co-founder and partner of the Raine Group, effective immediately. These highly-skilled executives bring multiple skills to Arm as he prepares for a potential IPO.

Arm CEO Rene Haas said, “I warmly welcome Karen and Jeff, two outstanding business leaders who will bring depth and breadth of experience to Arm’s board of directors.”

Arm also announced today the appointment of Jason Child as Chief Financial Officer (CFO). Mr. Child has more than 30 years of experience leading high-growth companies and scaling global finance functions. J. Child will join Arm on November 2, 2022 and will lead the company’s global finance and IT organizations, reporting to Mr. Haas.

Mr. Haas added: “Jason is a seasoned leader in global finance and technology. His vast experience in financial management of public companies and executing IPOs will be invaluable in preparing for a potential public listing. I look forward to working with him on the Arm leadership team as we continue to define the future of Arm-powered computing.”

Mr. Child will replace the current CFO, Inder Singh, who will remain with Arm as an advisor and help with the transition until November, before moving on to a new opportunity.

Mr. Haas said: “I would like to thank the Inder for their input and leadership over the past few years. He has helped the company evolve through many changes since joining in 2019, including building a strong organization with updated systems and processes across the finance, IT and cybersecurity teams. We wish him a successful future.”

Most recently, Mr. Child served as Splunk’s Senior Vice President and CFO beginning in 2019. Prior to Splunk, Mr. Child held various CFO positions, including at Groupon, which he helped bring to the stock market. in 2011, and that of Financial Director of Amazon International.

“Since its founding, Arm has embarked on an incredible journey of innovation and leadership in the semiconductor industry,” said Child. “Arm is a true global leader and I am very excited to join his team as CFO at this exciting time for the company.”

About Karen Dykstra
Previously, Ms. Dykstra served as Chief Financial and Administrative Officer of AOL, a web portal and online service provider. Prior to AOL, Ms. Dykstra was a partner at Plainfield Asset Management, where she served as COO and CFO at Plainfield Direct, Plainfield’s business development company. Prior to that, Ms. Dykstra spent more than 25 years at Automatic Data Processing (ADP), a provider of human capital management solutions for employers, where she most recently served as CFO. Ms. Dykstra currently serves on the boards of VMware and Gartner, and she has also served on the boards of Boston Properties, Crane, and AOL.

About Jeff Sin
Mr. Sine is a co-founder and partner of The Raine Group, an international investment bank specializing in technology, media and communications. Prior to founding Raine, he served as Vice President and Global Head of Investment Banking for Technology, Media and Telecommunications at UBS Investment Bank, as Managing Director at Morgan Stanley, and as an attorney at Sullivan & Cromwell in New York and London. Mr. Sine currently serves on the board of directors of numerous Raine portfolio companies and subsidiaries. He is also a member of the boards of National Public Radio (NPR) (Vice President), ITHAKA, Educational Testing Service (ETS) (President), American University, and The Manhattan Theater Club.

About Jason Child
Jason Child has worked for 30 years in all aspects of global finance and strategy, accounting, treasury/capital markets, IPO execution, and investor relations. He has extensive experience scaling disruptive technologies within enterprise software/SaaS, eCommerce, local commerce, consumer hardware/IOT, and online residential real estate. He most recently served as Senior Vice President and CFO of Splunk, a technology company specializing in application management, security and compliance, and enterprise and web analytics. Prior to his leadership roles, Jason spent more than 11 years leading various global finance teams at Amazon and served as CFO of Amazon International. Jason has been a member of the board of directors of Coupang, Inc., an e-commerce company, since April 2022. He has a bachelor’s degree from the University of Washington Foster School of Business, where he currently sits on the global advisory board .

About the arm
Arm technology defines the future of computing. Our low-power processor designs and software platforms have enabled advanced computing to be integrated into more than 230 billion chips, and our technologies securely operate products ranging from sensors to smartphones to supercomputers. Through more than 1,000 technology partners, we enable artificial intelligence to work everywhere, and in cybersecurity, we provide the foundation for trust in the digital world, from the chip to the cloud. The future is in Arm.

All information is provided “as is” and without warranty or representation. This document can be freely shared, attributed and not modified. Arm is a registered trademark of Arm Limited (or its affiliates). All trademarks or product names are the property of their respective owners. © 1995-2022 Arms Group.

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See the source version on businesswire.com: https://www.businesswire.com/news/home/20220926005777/en/

contacts

Media
External Communications, Arm
Elizabeth Walsh
Global-PRteam@arm.com

Investor Relations
Investor Relations, Arm
Ian Thorton
ian.thornton@arm.com

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