Qualcomm said Friday that Steve Mollenkopf will take over as CEO early next year.
Mollenkopf was named CEO-elect today, but will assume the official leadership role on March 4.
He replaces Paul Jacobs, who will remain with the company as executive chairman. The company said Jacobs, who is the son of one of the founders, would help guide the development of new technologies and its long-term opportunities.
The promotion comes shortly after Bloomberg reported that Mollenkopf was on a short list to potentially replace Steve Ballmer as the CEO of Microsoft.
Mollenkopf is a 20-year veteran of Qualcomm, and currently … Read more