ARM says Stuart Chambers to replace John Buchanan as chairman

LONDON Mon Jan 27, 2014 2:24am EST

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LONDON Jan 27 (Reuters) - British chip designer ARM Holdings said Stuart Chambers was joining its board as chairman designate to replace John Buchanan on March 1 when he steps down at his own request due to a medical condition.

Chambers, who is chairman of Rexam and a non-executive director of Tesco, joins the Cambridge-based firm, whose designs are in nearly all mobile phones, less than a year after Simon Segars replaced Warren East as chief executive.

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