Late Post

Qualcomm appoints new CEO

Expressing confidence that it now has all of the necessary corporate building blocks in place to preside over what its retiring chief executive regards as the single largest opportunity in the company’s history, communications technology processor firm Qualcomm has announced Cristiano Amon as successor to Steve Mollenkopf as CEO.

The move will be effective from 30 June, after Mollenkopf informed the company’s board of his decision to retire as CEO following 26 years with the company.

Mollenkopf became CEO in March of 2014, and began his career as an engineer. For nearly three decades, he has helped define and lead Qualcomm’s strategy and technology roadmap.

The company credits his work helping to propel smartphones into the mainstream and making Qualcomm a leader in 3G, 4G and now 5G.

He also oversaw the firm’s expansion into new industry segments such as the internet of things (IoT), RF front end and automotive, and is recognised internally as being instrumental in the company’s rise as a smartphone technology supplier. Mollenkopf will continue his employment with the company as a strategic advisor for a period of time.

“I am immensely proud of all that we have accomplished at Qualcomm and the position the