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Raspberry Pi CFO to Step Down in H2 2026

Asktraders News Team trader
Updated 31 Oct 2025

Raspberry Pi Holdings plc (LON: RPI), a prominent name in low-cost, high-performance computing, announced that its Chief Financial Officer, Richard Boult, intends to step down from his role in the second half of 2026.

After seven years with the company, including two years post-listing, Boult is looking to pursue new opportunities. The company has initiated a formal search process to find his successor, with Boult committed to assisting in a smooth transition.

Martin Hellawell, Chair of Raspberry Pi, acknowledged Boult's significant contributions since joining in 2019.

Hellawell highlighted Boult's pivotal role in establishing relationships with key strategic and financial shareholders and wider banking relationships, which were crucial for the company's successful admission to the Main Market of the London Stock Exchange in June 2024.

Eben Upton, CEO, also praised Boult's role in building a mature finance function and making an invaluable contribution to the company's growth and development.

Upton emphasized Boult's deep insights and experience, which were key to the successful IPO in June 2024. He looks forward to a smooth transition process, positioning Raspberry Pi for its next growth phase.

Richard Boult expressed his pride in Raspberry Pi's achievements since 2019. He affirmed his commitment to supporting the company and enabling a seamless transition to a new CFO over the next year.

CEO Eben Upton stated, “Since he joined us in 2019, Richard has been instrumental in building out a mature finance function at Raspberry Pi and has made an invaluable contribution to the growth and development of the Company during a period of significant change in our industry,” reinforcing the company’s stability during this transition.

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