Qualcomm has selected Cristiano Amon to succeed Steve Mollenkopf as CEO, effective June 30, 2021. Mollenkopf informed the Board of his decision to retire as CEO following 26 years with the company.
Amon, who joined Qualcomm in 1995, is currently the President of the company.
Mollenkopf will continue his employment with the company as a strategic advisor for a period of time.
Mollenkopf, 52, became CEO in March 2014. He began his career as an engineer and, for nearly three decades, has helped define and lead Qualcomm’s strategy and technology roadmap. His work helped propel smartphones into the mainstream and made Qualcomm a leader in 3G, 4G and now 5G, and he also oversaw the expansion into new industry segments like the Internet of Things (IoT), RF Front End and Automotive.
He was also instrumental in the company’s rise as a smartphone technology supplier.
Amon, 50, has served as President, Qualcomm Incorporated since January 2018. In this role, he is responsible for Qualcomm’s semiconductor business (QCT), which includes Mobile, RF Front End, Automotive and IoT revenue streams, and the company’s global operations.
Speaking on the development, Amon said, “I am honoured to be named the next CEO of Qualcomm and appreciate the confidence that Steve and the Board have in me. I look forward to working with our 41,000 employees around the world to create technologies that revolutionise the way people live, work and connect with each other.”