Qualcomm names Steve Mollenkopf as new CEO

Yesterday, Steve Mollenkopf was rumored as a potential candidate to take over as CEO of a big technology company and today’s news is that he will indeed do so — only the company he’ll lead won’t be Microsoft as speculated, but the one he already works for, Qualcomm. With almost 20 years at the company, the last two of which were as Chief Operating Officer, Mollenkopf will step up to the position of Qualcomm CEO from March 4th next year. Incumbent leader Paul Jacobs will remain as Executive Chairman of the board of directors.

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