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TOKYO 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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Fisher was an architect of SoftBank’s disastrous bet on office space firm WeWork, while Segars’ firm is to be sold to U.S. chip firm Nvidia Corp pending regulatory approval.
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The Top Richest Women In The World In 2021
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Forbes’ 2021 list of the World’s Billionaires features 328 women, up more than 36% from the previous year, including a new world’s youngest self-made woman billionaire.
In February, 31-year-old Bumble cofounder Whitney Wolfe Herd took her matchmaking company public, becoming the youngest female CEO in the U.S. to ring an opening bell and the world’s youngest self-made woman billionaire. Wolfe Herd, who is worth $1.3 billion, is one of 63 women who joined
Forbes annual World’s Billionaires list for the first time in 2021.