SoftBank says Son lieutenant Fisher, Arm CEO to leave board

By Sam Nussey

Technology
Friday, 21 May 2021
2:25 PM MYT

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FILE PHOTO: SoftBank Corp's logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) -SoftBank Group Corp on Friday said Chief Executive Masayoshi Son's longtime lieutenant Ron Fisher and the CEO of chip designer Arm, Simon Segars, will step down from the Japanese conglomerate's board.

The changes are the latest churn on the board as Son focuses on technology investing through his Vision Fund unit over taking majority stakes in companies.

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SoftBank says Son lieutenant Fisher, Arm CEO to leave board