SAN DIEGO, April 2, 2019 /PRNewswire/ -- Qualcomm
Incorporated (NASDAQ: QCOM) today announced that George Davis has decided to leave the company
after a six-year tenure, during which he served as CFO and was a
member of Qualcomm's Executive Committee. His departure is
effective as of today. As part of the transition plan, Qualcomm's
Board of Directors have unanimously approved the appointment of
David Wise, SVP and Treasurer, as
interim CFO during the search for a permanent
replacement.
"On behalf of the Executive Team, I want to thank George for
his dedicated service over the last six years at
Qualcomm. We all wish him well in his future endeavors," said
Steve Mollenkopf, CEO of Qualcomm
Incorporated. "I would also like to congratulate Dave Wise in
this interim role as the Board of Directors commences a
search for a permanent replacement."
Wise joined Qualcomm in 1997 and has held a variety of roles in
Finance, and Corporate Development and Strategy since that time. He
has been part of the senior finance leadership team for more than
12 years.
Wise is currently Senior Vice President and Treasurer,
responsible for Qualcomm's capital markets activities, treasury
operations, global cash management and investment portfolio
management. Previously, Wise led Strategy and Corporate
Development for Qualcomm's non-semiconductor businesses and ran
Corporate Finance for several years overseeing Qualcomm's overall
financial planning and analysis.
Wise holds a B.A. degree in Economics from Bates College and an MBA from University of Virginia.
About Qualcomm
Qualcomm invents breakthrough technologies that transform how
the world connects, computes 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 subsidiary of Qualcomm Incorporated,
operates, along with its subsidiaries, all of our engineering,
research and development functions, and 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 Contacts:
Pete
Lancia, Corporate Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
Mauricio Lopez-Hodoyan, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
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SOURCE Qualcomm Incorporated