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ARC International CEO resigns

06 May 2009 | By Mark Osborne | Going Places

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Dr Geoff BristowWith immediate affect, ARC International has said that its President and Chief Executive Officer, Carl Schlachte has resigned from the company. Dr Geoff Bristow, (pictured) who is currently the Senior Independent Director of the Company and has been a Non-Executive Director of the Company since 2003, will take-over the reigns.

“Carl Schlachte has overseen the successful transition of ARC from a general purpose IP supplier into a leading designer of audio-visual subsystems for high volume, high specification products,” commented ARC International’s Non-Executive Chairman, Richard Barfield. “With this job now complete, we are ready as a Board to move into the next phase of delivering the profits of this work to our shareholders at a time when Carl is also ready to move on to new interests. I and our entire Board wish Carl every success in his new endeavours and thank him for his tremendous and steadfast contribution to our Company’s development.”

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