Qualcomm has promoted Steve Mollenkopf to the position of chief executive officer-elect and appointed him to the Qualcomm board of directors. He will continue to serve as the company's president. Effective 4 March 2014, following the company's Annual Meeting of Stockholders, Mollenkopf will become CEO. In this role, he will take over responsibility for Qualcomm, including all lines of business and all functional groups within the company. Also effective 4 March 2014, the current CEO Paul E. Jacobs will assume the role of executive chairman.
In his nearly twenty years at Qualcomm, Mollenkopf has held a variety of leadership roles including leading the chipset business (QCT). Most recently he served as Qualcomm's president and chief operating officer and as a member of the executive committee, helping drive Qualcomm's overall global strategy.
