Monday, March 7, 2005

QUALCOMM Names Dr. Paul Jacobs as CEO, Succeeding his Father

Dr. Paul E. Jacobs (42) will succeed his father, Dr. Irwin Jacobs (71), as CEO of QUALCOMM effective July 1st. Dr. Irwin Jacobs will continue to serve as Chairman of the company.

QUALCOMM also announced that Steven R. Altman will be promoted to president of the Company, replacing Tony Thornley, the current president of the Company, who will retire.

Dr. Paul Jacobs has been the primary driver of QUALCOMM's focus on enabling wireless data. He has held numerous engineering and management positions since joining the Company fulltime in 1990. Dr. Jacobs' early work focused on the speech compression techniques that became CDMA's initial differentiating consumer feature. In 1995, he was appointed to run the handset and integrated circuit division, which was subsequently divided into QUALCOMM Consumer Products (QCP) and QUALCOMM CDMA Technologies, respectively

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