The Front Office

Scouting report · ARM

Rene Haas

  • Chief Executive Officer and Director, ARM since 2022-02src

Arm CEO since February 2022, after running its IP Product Groups

C+64 / 100

Ranked #20 of 23

Scouting sheet

as of 24 Sep 2026
Delivers guidance501 beat · 1 met · 1 missed · 1 withdrawn
Answers the question942 dodges in 73 answers on 8 calls
Capital allocation60company five-year record: neutral
Pay design67revenue, operating income, strategic, individual, relative tsr · 98.1% for · 6.71% of net income
Skin in the game58stake worth $131.9m, 2× last year's pay
Age
63src
In the role
5 yr
Promises scored
4
Hit rate
50%
Dodges / 100 answers
2.7
Airtime on calls
45%
Every promise, oldest firstBMWX

What to weigh

Watch 6

  • Since 2026-04-20 he also runs SoftBank Group International, a unit of the controlling shareholder, which also buys from Arm (related-party revenue). The 6-K calls it limited and part-time; the 20-F risk factor names competing demands on his time and conflictssrc
  • New one-off VCP award of 425,000 PSUs vesting on market-cap milestones of $1.0trn, $1.5trn and $2.0trn by March 2029-2031, on top of an annual PSU grant of 14x salary whose maximum rises from 125% to 200%src
  • Shareholder votes carry little signal: SoftBank Group holds 86.4%. The 36.4m votes against the 2026 remuneration policy equal about a quarter of the 145.3m ADSs in public hands (20-F figure)src
  • Said on the November 2024 call that the Armv9 share of royalties would be considerably higher than 25% a year later. The company then stopped reporting the figure (dossier S8 row 12, withdrawn)src
  • Both scored dodges in the ARM dossier are his: the reason for cutting the FY25 royalty-growth guide (Nov 2024) and the related-party revenue step-up (Nov 2025)src
  • Committee discretion in FY2026: of five strategic bonus measures two were met in full and a third was deemed met on intent although its start-of-year criteria were not fully satisfiedsrc

Career

  1. 2026 – now
    SoftBank Group Internationalsrc
    Chief Executive Officer (part-time, alongside Arm)
    Effective 2026-04-20; SBGI is the operating platform over some SoftBank Group subsidiaries in semiconductors and AI
  2. 2023 – now
    SoftBank Group Corp.src
    Director (plus an advisory and consulting agreement with SoftBank Group)
  3. 2022 – now
    Armsrc
    Chief Executive Officer and Director
    Since February 2022; led the September 2023 Nasdaq listing
  4. 2017 – 2022
    Armsrc
    President, IP Product Groups (IPG)
  5. 2015 – 2017
    Armsrc
    Chief Commercial Officer (global sales and marketing); Executive Committee
    20-F says he was named CCO two years after joining in October 2013
  6. 2013 – 2015
    Armsrc
    Vice President, Strategic Alliances
    Joined October 2013
  7. 2006 – 2013
    NVIDIAsrc
    Vice President and General Manager, computing products business
    20-F gives seven years at NVIDIA; the 2006 start comes from WS-wiki
  8. 2004 – 2006
    Scintera Networkssrc
    Vice President of sales and marketing
    20-F only says executive roles
  9. 1999 – 2004
    Tensilicasrc
    Head of sales
    20-F only says executive roles

Not located: 1984-1999 (early engineering and applications roles; the search summary names Texas Instruments, Xerox and NEC) not located in a primary document

Achievements

  • Rose from VP Strategic Alliances (joined October 2013) through Chief Commercial Officer and President of IPG to CEO in February 2022src
  • CEO through the September 2023 Nasdaq listing of Arm's ADSssrc
  • Arm's GAAP net income rose from $306m (FY2024) to $792m (FY2025) and $904m (FY2026)src
  • FY2026 revenue of $4,920m against a bonus target of $4,996m; non-GAAP operating income $2,115m against a $2,065m targetsrc
  • Earlier spent seven years at NVIDIA running its computing products business as VP and GMsrc

Education

  • Clarkson University, BS Electrical and Electronics Engineering (1984)src
  • Stanford University Graduate School of Business, Executive Education Program Managementsrc

Background

  • Family The FY2026 20-F states there are no family relationships among Arm's non-executive directors and senior managementsrc
  • Boards Director of SoftBank Group Corp., Arm's 86.4% controlling shareholder, since June 2023; SoftBank pays him for that role, as it determinessrc
  • Other Has an agreement to provide advisory and consulting services to SoftBank Group, disclosed as a conflict-of-interest risk in the 20-Fsrc
  • Other Only executive director: his employment agreement (amended 2022-11-17) gives 12 months' base salary as severance on termination without cause or for good reason, and he may take the same on a change of control at the Remuneration Committee's discretionsrc
  • Other FY2026 taxable benefits rose to $1.07m from $0.11m, which the 20-F puts down to broader corporate travel and personal security provisionsrc

The promise ledger

4 scored · 0 open
ResultWhat was promisedWhere it is scoredHow
B BeatQ2 FY25 revenue $780–830m; non-GAAP EPS $0.23–0.27ARM row 1written outlook
M MetFY25 revenue $3.8–4.1bn; EPS $1.45–1.65; opex ~$2.05bnARM row 4written outlook
W WithdrawnArmv9 share of royalties "considerably higher" than 25% a year onARM row 12said it
X MissedDreamBig acquisition (~$265m cash) to close by end of Q4 FY26ARM row 13written outlook

Questions dodged

2.7 per 100 answers
  1. FY2025-Q2 (2024-11-06) · the cut to the FY25 royalty-growth guide · Vivek Arya (BofA). Asked "And then the overall royalty growth, what is the need to take it down?" Rene Haas answered with the v9 generation-on-generation pricing mechanism and CSS rates and closed "I think maybe we answered the extent of that question." The reason for lowering the guide was not given. **A dodge on a topic management itself gui…

    from ARM · dossier-2026-09-24.md

  2. FY2026-Q2 (2025-11-05) · the step-up in related-party revenue · Jim Schneider (Goldman Sachs). Asked "I noticed in your disclosures that you saw a material step-up in related party revenue." and "Can you maybe give us any kind of color you can on the nature of that relationship". Rene Haas answered with the size of the Stargate opportunity for the SoftBank family ("So without getting into too many of the speci…

    from ARM · dossier-2026-09-24.md

Calls reviewed

  • FY2025-Q2.roic.json — 11 answers, 57% of the words
  • FY2025-Q3.roic.json — 12 answers, 35% of the words
  • FY2025-Q4.roic.json — 6 answers, 29% of the words
  • FY2026-Q1.roic.json — 10 answers, 49% of the words
  • FY2026-Q2.roic.json — 9 answers, 47% of the words
  • FY2026-Q3.roic.json — 9 answers, 44% of the words
  • FY2026-Q4.roic.json — 7 answers, 54% of the words
  • FY2027-Q1.roic.json — 9 answers, 44% of the words

Sources

14
  1. Filing Arm Holdings plc Form 20-F, FY ended 2026-03-31 (0001973239-26-000097), Items 6.A, 6.B (Directors' Remuneration Report), 6.E · 2026-05-26
  2. Filing Arm Holdings plc Form 20-F, FY ended 2025-03-31 (0001973239-25-000016), Item 6.B single-figure table (FY2024 column) and FY2026 policy implementation · 2025-05-28
  3. Filing Arm Holdings plc 6-K, Rene Haas appointed CEO of SoftBank Group International (0001973239-26-000059) · 2026-04-21
  4. Filing Arm Holdings plc 6-K Ex-99.1, 2026 AGM poll results (0001973239-26-000128) · 2026-09-10
  5. Filing Arm Holdings plc 6-K Ex-99.1, 2025 AGM poll results (0001973239-25-000033) · 2025-09-10
  6. Filing SEC XBRL companyconcept us-gaap/NetIncomeLoss, CIK 1973239 (FY2026 20-F, 0001973239-26-000097) · 2026-05-26
  7. Filing Form 144, Rene A. Haas (0001959173-26-002904): proposes 9,299 ADSs; lists his sales of 2026-01-30, 02-27, 03-25 and 03-26; 10b5-1 plan adopted 2025-06-11 · 2026-04-14
  8. Filing Form 144, Rene A. Haas (0001959173-26-002638): lists his sale of 2025-12-31 · 2026-03-26
  9. Filing Form 144, Rene A. Haas (0001959173-26-001570): lists his sale of 2025-11-28 · 2026-02-27
  10. Filing Form 144, Rene A. Haas (0001959173-26-000497): lists his sale of 2025-10-31 · 2026-01-30
  11. Filing Form 144, Rene A. Haas (0001959173-25-007345): lists his sale of 2025-09-30 · 2025-11-28
  12. Call transcript ARM Q2 FY2025 earnings call (2024-11-06), ROIC.ai
  13. Call transcript ARM Q2 FY2026 earnings call (2025-11-05), ROIC.ai
  14. Web search result WebSearch: Rene Haas biography (Wikipedia and speaker bios): Clarkson BSEE 1984; Tensilica 1999-2004; Scintera Networks 2004-2006; joined NVIDIA 2006 · 2026-09-24