Qualcomm Appoints Dr. Paul E. Jacobs as Executive Chairman

Ticker: QCOM · Form: 8-K · Filed: 2024-10-09T00:00:00.000Z

Sentiment: neutral

Topics: leadership-change, board-of-directors

Related Tickers: QCOM

TL;DR

Jacobs is back as Exec Chairman, Mollenkopf out. Big move for QCOM.

AI Summary

Qualcomm Incorporated announced on October 8, 2024, a change in its board of directors. Specifically, Dr. Paul E. Jacobs has been appointed as the new Executive Chairman of the Board, effective immediately. This appointment follows the resignation of Steven Mollenkopf from the Executive Chairman role.

Why It Matters

The appointment of Dr. Paul E. Jacobs, a significant figure in the company's history, as Executive Chairman could signal a strategic shift or renewed focus for Qualcomm.

Risk Assessment

Risk Level: medium — Changes in key executive leadership can introduce uncertainty regarding future strategy and operational direction.

Key Players & Entities

FAQ

Who has been appointed as the new Executive Chairman of the Board at Qualcomm?

Dr. Paul E. Jacobs has been appointed as the new Executive Chairman of the Board.

When was the appointment of Dr. Paul E. Jacobs effective?

The appointment was effective as of October 8, 2024.

Who previously held the position of Executive Chairman?

Steven Mollenkopf previously held the position of Executive Chairman.

What is Qualcomm's principal executive office address?

Qualcomm's principal executive office is located at 5775 Morehouse Drive, San Diego, California 92121.

What is Qualcomm's IRS Employer Identification No.?

Qualcomm's IRS Employer Identification No. is 95-3685934.

From the Filing

0000804328-24-000064.txt : 20241009 0000804328-24-000064.hdr.sgml : 20241009 20241009160534 ACCESSION NUMBER: 0000804328-24-000064 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20241008 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20241009 DATE AS OF CHANGE: 20241009 FILER: COMPANY DATA: COMPANY CONFORMED NAME: QUALCOMM INC/DE CENTRAL INDEX KEY: 0000804328 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 953685934 STATE OF INCORPORATION: DE FISCAL YEAR END: 0929 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19528 FILM NUMBER: 241362843 BUSINESS ADDRESS: STREET 1: 5775 MOREHOUSE DR CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 8585871121 MAIL ADDRESS: STREET 1: 5775 MOREHOUSE DR CITY: SAN DIEGO STATE: CA ZIP: 92121 8-K 1 qcom-20241008.htm 8-K qcom-20241008 QUALCOMM INC/DE 0000804328 false 5775 Morehouse Drive San Diego California 0000804328 2024-10-08 2024-10-08 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 October 8, 2024 Date of Report (Date of earliest event reported) QUALCOMM Incorporated (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) 000-19528 95-3685934 (Commission File Number) (IRS Employer Identification No.) 5775 Morehouse Drive , San Diego , California 92121 (Address of principal executive offices) (Zip Code) 858 - 587-1121 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.0001 par value   QCOM The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐ Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) On October 8, 2024, the Board of Directors (the “Board”) of QUALCOMM Incorporated (the “Company”) elected Marie Myers, who currently serves as Executive Vice President and Chief Financial Officer of Hewlett Packard Enterprise Company, to the Board. Ms. Myers was elected for a term of office that expires at the Company’s next annual meeting of stockholders. The Board also appointed Ms. Myers to its Audit Committee. There is no arrangement or understanding between Ms. Myers and any other person pursuant to which she was selected a

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