Qualcomm Incorporated today announced its Board of Directors unanimously 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 has worked at Qualcomm since 1995. Mollenkopf will stay on as a strategic advisor for a period of time.
Amon 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 internet of things (IoT) revenue streams, and the company’s global operations.
Amon has driven the expansion and diversification of the business across industries and customers, overseen Qualcomm’s 5G strategy, and for almost 15 years has been steering development of a leading and differentiated product roadmap.
He also has overseen the successful execution of M&A to augment Qualcomm’s capabilities and accelerate growth in key areas, including RF front end, connectivity and networking.
Mollenkopf became CEO in March 2014. He began his career as an engineer and, for nearly three decades, 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.
He also oversaw the expansion into new industry segments such as the IoT, RF front end and automotive. He was instrumental in the company’s rise as a smartphone technology supplier.
In addition, Mollenkopf successfully guided the company through a number of extraordinary circumstances and challenges and begins the CEO transition process with the company stabilized and well-positioned to continue to grow and drive value.