Raspberry Pi CFO Richard Boult to Step Down in 2026 After Seven-Year Tenure

Raspberry Pi Holdings plc (LSE:RPI) announced that Chief Financial Officer Richard Boult will step down during the second half of 2026 after serving seven years with the company. Boult has been instrumental in driving Raspberry Pi’s expansion and played a key role in its successful IPO in June 2024. The company has initiated a formal search for his successor, with Boult set to assist in a smooth transition as Raspberry Pi positions itself for its next phase of growth.

Raspberry Pi’s outlook is supported by strong financial performance and sustained market demand, though profitability and cash flow challenges continue to pose headwinds. Technical indicators currently signal a bearish trend, while a high P/E ratio raises valuation concerns. The lack of a dividend yield also tempers the company’s overall investment appeal.

More about Raspberry Pi Holdings plc

Raspberry Pi Holdings plc, headquartered in Cambridge, UK, is a global leader in affordable, high-performance computing solutions. Operating as a full-stack engineering company, it develops semiconductor IP, electronic hardware, and software systems. Its versatile computing platforms serve diverse markets—including Industrial and Embedded, Enthusiast and Education, and Semiconductors—with more than 70 million units sold worldwide.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *