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Arm boss in line for billion-dollar payday if chipmaker hits targets

The Guardian Business Sunday 31 May 2026, 14:50 UTC By Mark Sweney 1 min read
Key Points

Proposal requires Rene Haas to steer US-listed British company to ‘exceptional growth metrics’ The chief executive of Arm is in line for a pay package that would make him a billionaire if he hits targets to turn the British microchip giant into the UK’s first trillion-dollar company. Arm, which is listed in New York but retains its global headquarters in Cambridge, has proposed a pay scheme for Rene Haas in which he will receive generous annual share awards plus a maximum bonus of $800m if...

Proposal requires Rene Haas to steer US-listed British company to ‘exceptional growth metrics’

The chief executive of Arm is in line for a pay package that would make him a billionaire if he hits targets to turn the British microchip giant into the UK’s first trillion-dollar company.

Arm, which is listed in New York but retains its global headquarters in Cambridge, has proposed a pay scheme for Rene Haas in which he will receive generous annual share awards plus a maximum bonus of $800m if he can hit certain “exceptional growth metrics”.

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Rene Haas (PERSON) US (LOCATION) British (ORG) UK (LOCATION) New York (LOCATION) Cambridge (LOCATION)
Originally published by The Guardian Business Read original →

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