Menlo Park, London, 29 June 2022 - Permira, the global investment firm, today announced the appointment of Simon Segars, former CEO of Arm, as a Senior Adviser to its technology team. Simon joins Permira after spending more than 30 years at Arm, one of the world’s leading semiconductor intellectual property licensing companies, most recently as CEO from 2013 to 2022.
Having joined Arm in 1991 as one of its first employees, Simon helped drive technical and business innovations throughout his tenure that transformed the company into the leading architect of one of the world’s most pervasive computer technologies. He also played a key role in leading Arm through its take-private acquisition by SoftBank in 2016. Simon is an active member of multiple international industry associations, including as Chair of the Board of Directors of the Global Semiconductor Alliance. He also serves on the Board of Directors of Dolby Laboratories and Edge Impulse, has been elected to the Board of Directors of Vodafone Group, and previously served on the Board of Directors of SoftBank and Arm.
At Permira, Simon will use his network, expertise and decades of technology industry experience to support the team with investment activity and value creation in the portfolio, as well as serving as a trusted adviser to the management teams of the market-leading and disruptive technology companies the Permira funds invest in.
Simon Segars said: “The technology industry is changing more rapidly than ever before, and unearthing opportunities to invest in the companies that will shape the landscape of the future has never been more challenging – or more exciting. The Permira team has an edge that I admire – its global reach, impressive track record, and, most importantly, the team’s emphasis on collaboration and deep knowledge of the space. I look forward to joining the firm to advise on potential investments and provide guidance to existing portfolio company management teams."
Richard Sanders, Partner and Co-Head of Technology at Permira, commented: “We’ve been incredibly impressed by Simon’s achievements throughout his career — the growth he led at Arm was nothing short of remarkable. We’re delighted to have him join us and look forward to benefiting from his global perspective as we identify market leaders across the world and partner with their management teams to scale their businesses for the next level of success.”
Tom Eggemeier, Partner and Head of the Menlo Park office at Permira, added: ”We are thrilled to welcome Simon to the team. He brings a broad background of technology sector knowledge, a great track record of creating innovative strategies and executing on them, and has extensive experience operating throughout the world. Simon will bring his innovation and growth mindset to our management teams and portfolio companies, helping them scale and grow.”
Permira’s Senior Advisers help drive value by partnering with investment teams to both identify new opportunities and build and scale technology champions globally. Simon’s appointment follows the additions of tech industry veterans Barry O’Sullivan and Mark Garrett in 2021.