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Form 8-K · Current Report · Filed 2024-12-12

Qualcomm Announces Departure of Chief Technology Officer

On December 10, 2024, Qualcomm Technologies, Inc., a subsidiary of QUALCOMM Incorporated, announced that Dr.

Filer
Qualcomm Inc. QCOM · NASDAQ
Filed
Accession
0000804328-24-000079
CIK
0000804328
Signal
Medium impactTechnology

Details

James H. Thompson, the Chief Technology Officer (CTO), will retire from his position effective February 3, 2025. Dr. Baaziz Achour, currently the Deputy CTO, will succeed Dr. Thompson as CTO on the same date.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

CTO Resignation New CTO Appointed

Market reaction

Close before filing

$159.83

Next session

-0.8%

Since filing

-7.6%

Latest close

$147.61

What happened, not what will happen — closing prices around the filing date.

About Qualcomm Inc.

Qualcomm Inc. is a global leader in the semiconductor and telecommunications equipment industries, primarily renowned for its advancements in wireless technology. The company is pivotal in developing and commercializing digital communication technologies, including 3G, 4G, and the latest 5G standards. Qualcomm's portfolio includes Snapdragon processors and modems, which are integral to the performance and connectivity features of many modern smartphones and other smart devices. With a presence in mobile, automotive, and IoT sectors, Qualcomm's innovations have a profound impact on enhancing wireless communication capabilities and powering connected experiences around the world. Additionally, Qualcomm licenses its vast array of patents to numerous device manufacturers, playing a crucial role in the evolution and deployment of new telecommunications technologies. As such, Qualcomm Inc. holds a significant position in the global technology market, driving the infrastructure for cutting-edge connectivity solutions.

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