GLOBAL semiconductor outfit ARM Holdings has appointed easyJet finance chief Chris Kennedy as its new CFO.
Kennedy will succeed incumbent and soon-to-retire CFO Tim Score, who will continue in the role until he has finished his commitments at the low cost carrier.
Simon Segars, CEO of ARM, 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.”
Kennedy, who spent almost five years at the FTSE 100-listed airline, was previously at EMI Music for 22 years where he was on the board of the iconic music label’s holding company, Maltby, in 2008 as CFO and then chief investment officer.