21st Jun 2007 07:00
ARC International (LSE:ARK) today announced that its Board ofDirectors has appointed Steven Gunders to the Board as a Non ExecutiveDirector. Gunders will become Chairman of the Remuneration Committeeand a member of the Audit Committee. £ Steven Gunders is a qualified C.P.A. and holds an MBA from theUniversity of Chicago. A former partner with Deloitte and Touche, hehas more than 35 years of financial consulting experience. Mostrecently, Gunders was the global lead consulting partner at DeloitteConsulting with a particular focus on private equity clients' buy andbuild strategies both in the United States and internationally. £ Commenting on his appointment, Gunders said, "ARC has ambitiousplans for growth both organically and through acquisition, and I amdelighted to be joining the company at this exciting point in itshistory. I also look forward to working with my fellow board membersand ARC's executive team to help the company achieve its long termstrategic goals." £ Richard Barfield, ARC's Chairman of the Board said, "As ARCcontinues to experience rapid growth, Steven's international strategicbusiness experience and strong financial background will make asignificant contribution to the company. I am pleased to welcomeSteven to the Board." £ There are no details required to be disclosed under Rule 9.6.13 ofthe Listing Rules of the U.K. Listing Authority. £ About ARC International plc £ ARC International is the world leader in configurable mediasubsystems and CPU/DSP processors. Used by over 140 companiesworldwide, ARC's configurable solutions enable the creation of highlydifferentiated system-on-chips (SoCs) that ship in hundreds ofmillions of devices annually. ARC's patented subsystems and cores aresmaller, consume less power, and are less expensive to manufacturethan competing products. £ ARC International maintains a worldwide presence with corporateand research and development offices in Silicon Valley and St. Albans,UK. For more information visit www.ARC.com. ARC International islisted on the London Stock Exchange as ARC International plc(LSE:ARK). £ ARC and the ARC logo are trademarks or registered trademarks ofARC International. All other brands or product names contained hereinare the property of their respective owners. This press release maycontain certain "forward-looking statements" that involve risks anduncertainties, including the development, implementation, and releaseof features described herein. These are at the sole discretion of ARCInternational. For other factors that could cause actual results todiffer, visit the company's Website as well as the listing particularsfiled with the United Kingdom Listing Authority and the Registrar ofCompanies in England and Wales. Copyright Business Wire 2007Related Shares:
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