Qualcomm announced that CEO Steve Molenkov will retire this year and President Cristiano Anmon will take over
US chip manufacturer Qualcomm (Qualcomm) announced on Tuesday that the company’s CEO Steve Mollenkopf (Steve Mollenkopf) will officially retire this year, Qualcomm President Cristiano Amon (Cristiano Amon) takes over, effective from June 30, 2021.
▲Steve Mollenkopf (Steve Mollenkopf)
It is reported that Mollenkopf notified the board of directors that he decided to retire from the position of chief executive after 26 years of service for the company. Amon has worked at Qualcomm since 1995 and is currently the company’s president. Molenkov will continue to serve as the company’s strategic advisor for a period of time.
In recent years, Amon has been responsible for overseeing the company’s chip department, which provides processors for most of the Android phone ecosystem and provides modem chips to help Android devices and Apple’s iPhone connect to wireless data networks.
Mollenkopf is an old employee who has worked for Qualcomm for 26 years. He has led Qualcomm through three crises: Broadcom’s hostile acquisition attempt, the US Federal Trade Commission’s antitrust challenge, and the protracted law with Apple. war.
Naijatechnews learned that Qualcomm had won in all three cases, and when Mollenkopf left, its stock price was nearly three times that of the crisis.
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