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IT

Raspberry Pi warns on operating profit, sacks CEO

Monday 17 August 2015 | 08:58 CET | News
Premier Farnell, the UK company behind the Raspberry Pi mini-computer, Premier Farnell, sacked CEO Laurence Bain after the company warned of disappointing results, the Guardian reports. Bain has been in charge for three years, after he took over from Harriet Green. Chairman Val Gooding said that as CEO Laurence led a transformation to a web-based business, developed a global operating model and introduced a differentiating strategy. Premier's interim CEO is CFO Mark Whiteling. The company said sales of the GBP 20 credit card-sized device have slowed sharply, especially in North America and

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Categories: IT
Companies: Premier Farnell / Raspberry Pi Foundation / Sony
Countries: United Kingdom / World
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Comments

This comment has been deleted because it does not fit the Telecompaper comment policy.
Comment deleted @ 19/8/2015 - 11:23

This has nothing to do with Raspberry Pi a NFP, this is Premier Farnell the electronics distributor. Bad Headline
Don Cole @ 17/8/2015 - 13:12

Hi - I'm Liz, Director of Comms at Raspberry Pi. Would you mind revising the headline to this article? I've had several emails about it this morning. Raspberry Pi hasn't had profit warnings, and hasn't sacked its CEO; Premier Farnell, one of the two manufacturing organisations that licences our technology (an entirely different business) has done, and this headline is misleading.
Liz Upton @ 17/8/2015 - 12:07


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