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Qualcomm Makes Management Changes; Gets Stay On India 4G License Cancellation

Qualcomm has announced key management changes, appointing Steve Altman as the company's Vice Chairman, promoting Steve Mollenkopf to the position of President & Chief Operating officer, and Derek Aberle to Executive Vice President & Group President, with effect from 12 November 2011. According to a statement from Qualcomm, Steve Altman, who served as the President of the company, will continue as a member of Qualcomm’s executive committee and provide direction and guidance on key initiatives across all areas of the business, as well as on overall vision and strategy. Mollenkopf will oversee Qualcomm’s divisions, business operations, and market expansion and development areas, and will continue in his role as president of Qualcomm CDMA Technologies (QCT). Derek Aberele will continue to serve as president of the Qualcomm Technology Licensing (QTL) division, and will oversee Qualcomm’s core services businesses, as well as the standards and global marketing…

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