Qualcomm formally named Steve Mollenkopf as chief executive officer Tuesday, replacing Paul Jacobs, the son of the San Diego tech company’s founder Irwin Jacobs.
The annual meeting of Qualcomm stockholders was the scene for the change.
The U-T reported that in December, “Qualcomm announced the pending promotion of Mollenkopf from chief operating officer and president to chief executive officer. The company elevated Mollenkopf after he was rumored to be a top candidate for the CEO post at Microsoft.”
Jacobs, staying as executive chairman of the board of directors, will focus on new technology and long-term growth projects, the U-T said.
“A lot of people talk about how everyone has a smartphone,” Mollenkopf said. “But we think there are a lot of legs left in smartphones worldwide.”
>> Subscribe to Times of San Diego’s free daily email newsletter! Click hereFollow Us: