President of ARM Holdings, Tudor Brown, has announced that he will be retiring from the company in May next year.
After 21 years at the company Brown, a co-founder at ARM, will not seek to be reappointed at a board election next year.
He worked for the firm right from its beginnings as Acorn, going on to help turn the company he became a director of in 2001 into a leading proponent of the move towards mobile computing.
Following a string of roles including Chief Technology Officer and Chief Operating Officer, Brown became President in 2008.
But having been with the firm for such a long time there are other reasons he might be sad to leave ARM. According to BusinessWeek he is currently raking in around £750,000 a year so he might miss that too, though the 52 year old should have enough saved for a nice retirement holiday when he leaves the Cambridge HQ for the last time.
In a statement made today, Brown noted that ARM is in a “very strong position” and said that he looks forward “to watching it grow further in the future”.