SoftBank says Son lieutenant Ron Fisher, Arm CEO to leave board

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 $40 billion sale of Arm to U.S. chip firm Nvidia Corp is awaiting regulatory approval.

SoftBank has nominated the chair of gaming firm Koei Tecmo Holdings Co Ltd, Keiko Erikawa, and the co-CEO of group internet business Z Holdings Corp, Kentaro Kawabe, to join the board.