Warren East, the ex-CEO of ARM Holdings, has announced that he will be joining a new public body aimed at boosting innovation in the UK’s digital economy as a non-executive director.
East held his position as CEO at ARM for over a decade and announced his resignation from the British-based company earlier this year.
He will be joining the Connected Digital Economy Catapult (CDEC), a new organisation that has been established by the Technology Strategy Board as a long-term investment that hopes to open up global opportunities for the UK.
It is being funded by both the public and private sectors, with some £1 billion worth of investment expected ‘over the coming years’.
“It is a pleasure to join CDEC and work with the team there on helping Britain's Digital innovators realise their amazing potential in shifting from creative excellence to global leadership,” said East.
The Technology Strategy Board hopes that CDEC will be able to work with a range of partners to build platforms and capabilities that help innovators across the breadth of the UK digital economy. It will also develop programmes to make the digital economy and UK digital innovators more relevant to public sector and business leaders.
There has been an incredible push in recent years from the Coalition Government to establish a vibrant technology and digital start-up scene in the UK, with much of the attention focusing on Tech City in London's east end.
“Warren not only represents the very best of UKs digital economy leadership but also has first-hand experience of taking an innovation led business from start-up to global leader – exactly the journey we hope we can help many UK digital innovators make,” said Neil Crockett, Chief Executive of CDEC.
“I look forward to working with Warren in the coming months and to learning from his insight and success.”
In similar news, a competition has launched this week to bring the next £100 million company to London, with investors putting up £1 million for a start-up that has the potential deliver long term growth for the UK.
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