Qualcomm CEO Mollenkopf to retire in June

Tuesday, 05. January 2021 14:12

Qualcomm Incorporated announced on Tuesday its CEO Steve Mollenkopf will retire on June 30 after having spent 26 years at the company.

The role of the CEO will be assumed by current Qualcomm president Cristiano Amon, while Mollenkopf will stay on 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 Company currently enjoys as the world's leader in wireless technologies," Mollenkopf stated. "With our business model clearly validated and our leadership in 5G, this is the right time for Cristiano to assume leadership of the Company and preside over what I see as the single largest opportunity in the Company's history. Cristiano spearheaded the development of our 5G strategy, including its acceleration, industry-leading technology roadmap and global rollout," he added.

Related Links: Qualcomm Inc.
Author:
Breaking the News / NP