Arm can be even more transformative, says new CFO
The new chief financial officer at Cambridge superchip designer Arm says he has a unique opportunity to help architect the future of one of the world’s most transformative technology leaders.
Arm CEO Simon Segars said Inder Singh’s experience and proven track record of finance leadership in Fortune 500 technology companies would be invaluable as Arm targets new growth opportunities fuelled by 5G, automotive, IoT, hybrid cloud infrastructures and Machine Learning.
Singh added: “I believe Arm is the only company at the centre of the convergence of Artificial Intelligence, 5G and IoT and I look forward to defining the financial strategy for its next era of growth.”
Singh joins from Unisys, which he joined in March 2016 and served as senior vice-president and CFO. At Unisys, Singh led all finance functions including controllership, treasury, taxes, investor relations, M &A and corporate strategy.
Prior to Unisys, Singh was managing director, technology, media and communications at SunTrust Bank. Singh also held financial leadership roles at Comcast Corporation, Cisco Systems and AT&T/Lucent Technologies and has a decade of experience as an equity analyst.
He said: “I am thrilled to be at the company I believe is the most transformative and disruptive technology leader in the world. Already in the initial conversations with my new colleagues, I am amazed by some of the Arm figures I’m hearing – and they go far beyond just the company’s balance sheet or revenues.
“I’m referring to numbers such as more than 130 billion Arm-based chips shipped, or how Arm technology touches 70 per cent of the world's 7.7 billion people.
“Hearing these numbers only validated what I already knew – Arm is everywhere, impacting how we communicate, compute, drive, and connect with the world around us.
“I’ve long felt Arm represents the compass for the future of computing considering that our technology will be the foundation enabling the convergence of IoT and Artificial Intelligence with the 5G world.
“Given all of this, it's no surprise why we are such a key component in SoftBank CEO Masayoshi Son’s 30-year vision. Masa has given us the flexibility to take a long-game investment approach, fuelled by the guiding principle of securing and connecting a world of a trillion intelligent devices. It’s also why I believe Arm can be even more transformative and disruptive than it is today.
“My challenge is to help Arm execute against these bold plans by reinforcing a discipline of strategic investing, providing business insights, and accurately predicting the financial outcomes of our decisions – while leading our world-class finance team in providing the company’s core finance responsibilities.
“It’s these challenges, along with being CFO of the company at the heart of the world’s largest computing ecosystem, that make the role unlike any other in the technology industry.
“Growing up on four continents and speaking five languages, I can apply my international experience in leading Arm’s global finance organisation. Further to that, having a large team in Cambridge gives me an opportunity to spend more time in the UK, which was home to the most enjoyable part of my educational experience as a student.
“Another reason is tied to a personal passion of mine – cybersecurity. In fact, over the last 15 years years, I have served in an advisory role on projects for the U.S. Department of Homeland Security, providing them with insights on current and future technologies in the context of M & A.
“And in the conversations leading up to my decision to join Arm with my now boss, Simon Segars, it was clear he was also very passionate about security and trust.
“I walked away from those conversations knowing that under Simon's leadership, security will always be a priority and never an afterthought across both Arm's architecture and services.”