SAN DIEGO, Aug. 13, 2019 /PRNewswire/ -- Qualcomm
Incorporated (NASDAQ: QCOM) today announced the appointment of
Mark McLaughlin as its Chairman of
the Board, effective August 13, 2019,
replacing Jeff Henderson, who had
served in that capacity since March
2018. Mr. Henderson, the former Chief Financial
Officer of Cardinal Health, will remain on the Board and continue
to chair its Audit Committee.
Mr. McLaughlin, the former Chairman and CEO of Palo Alto
Networks, noted that, "Jeff assumed leadership of the Board during
a period of unparalleled challenges, becoming our first independent
Chairman and guiding the Board through the Company's efforts to
resolve significant business issues. The Board is deeply
appreciative of all that Jeff has done during this period of
transition."
Mr. Henderson commented, "It was a great honor to lead the
Board, particularly during this period. We are now seeing the
dawn of a significant ramp in 5G enabled products and I felt that
now seemed like the right time to pass on the baton. The Board will
benefit greatly, in this phase of its development, by having a
technology industry veteran like Mark as its lens into the
Company's business, particularly 5G."
Steve Mollenkopf, the Company's
CEO thanked "Jeff for his exemplary stewardship of the Board and
his support of the Company's management team and said that he
looked forward to working with Mark, in his new role and drawing on
his deep experience in the technology industry."
About Qualcomm
Qualcomm invents breakthrough
technologies that transform how the world computes, connects and
communicates. When we connected the phone to the Internet, the
mobile revolution was born. Today, our inventions are the
foundation for life-changing products, experiences, and industries.
As we lead the world to 5G, we envision this next big change in
cellular technology spurring a new era of intelligent, connected
devices and enabling new opportunities in connected cars, remote
delivery of health care services, and the IoT — including smart
cities, smart homes, and wearables. Qualcomm Incorporated includes
our licensing business, QTL, and the vast majority of our patent
portfolio. Qualcomm Technologies, Inc., a wholly-owned subsidiary
of Qualcomm Incorporated, operates, along with its subsidiaries,
substantially all of our engineering, research and development
functions, and substantially all of our products and services
businesses, including the QCT semiconductor business. For more
information, visit Qualcomm's website, OnQ
blog, Twitter and Facebook pages.
Qualcomm is a trademark of Qualcomm Incorporated, registered
in the United States and other
countries.
Qualcomm Contacts:
Pete Lancia, Corporate
Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
Mauricio Lopez-Hodoyan, Investor Relations
Phone: 1-858-658-1387
Email: ir@qualcomm.com
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SOURCE Qualcomm Incorporated