ARM's China boss has hired security to exclude executives: Page 2 of 2

July 30, 2020 //By Peter Clarke
ARM's China boss has hired security to exclude executives
Allen Wu, who was chairman and CEO of ARM China, continues to refuse to step down and has hired security to exclude ARM executives from premises, according to a Bloomberg report
the company seal and letters of registration is fundamental to ownership and, according to reports, these are things Wu is refusing to handover. Legal action to compel him to surrender these instruments could take a considerable time and it has been speculated that Wu is stalling in an attempt to obtain beneficial terms for compliance.

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