SAN DIEGO, Oct. 9, 2018 /PRNewswire/ -- Qualcomm
Incorporated (NASDAQ: QCOM) today announced the appointment of
Martin Anstice, Chief Executive
Officer of Lam Research Corporation, and Irene Rosenfeld, former Chairman and CEO of
Mondelēz International, to its Board of Directors.
Both Anstice and Rosenfeld bring significant business knowledge
and operational experience that will be valuable to Qualcomm as it
works to execute against its strategic plan to drive continued
growth and excellence in mobile and diversify into industries that
are being redefined and transformed by the transition to 5G. These
industries include Automotive, Internet of Things, Mobile Compute
and Networking.
"On behalf of the Qualcomm Board, I want to welcome both Martin
and Irene. We look forward to their perspectives and guidance
across a variety of areas – including technology, international
operations, financial expertise, leadership development, business
transformation and innovation – as Qualcomm brings 5G to market, a
transition that will accelerate the Company's opportunity in mobile
and beyond," said Jeffrey W.
Henderson, Chairman of the Board, Qualcomm Incorporated.
"The addition of these new independent Directors is part of an
ongoing process to ensure the experience of the Board is
well-rounded and aligned with both the strategic direction of the
Company and stockholder interests."
About Martin
Anstice
Martin Anstice currently serves
as Chief Executive Officer of Lam Research Corporation, a position
he has held since January 2012. Mr. Anstice joined Lam
Research Corporation in April 2001,
and has held several roles since then, including Chief Financial
Officer from June 2004 to
September 2008, Executive Vice
President and Chief Operating Officer in September 2008 to December
2010 and President and Chief Operating Officer from
December 2010 through January
2012. Prior to Lam Research Corporation Mr. Anstice held
various finance positions from 1988 to 1999 at Raychem Corporation,
a global materials science company. Subsequent to the
acquisition of Raychem by Tyco International, a global provider of
engineered electronic components, network solutions and wireless
systems, he assumed responsibility for supporting mergers and
acquisitions activities of Tyco Electronics. Mr. Anstice is
an Associate member of the Institute of Chartered Management
Accountants in the United
Kingdom.
About Irene
Rosenfeld
Irene Rosenfeld is a veteran of
the consumer products industry. She is the former Chairman
and CEO of Mondelēz International, a global snack food and beverage
company, with sales in more than 165 countries and 2017 net revenue
of approximately $26 billion. After a
20+ year career at General Foods and then Kraft Foods, Irene became
Chairman and CEO of Frito-Lay North
America in September 2004. She
returned to Kraft Foods, the predecessor to Mondelēz International,
in June 2006 as CEO, and then became
Chairman in March 2007. In 2012, she
led the creation of Mondelez International by spinning off the
company's North American grocery operations – which kept the Kraft
name.
The Financial Times, Fortune and Forbes have repeatedly ranked
Irene on their lists of the "Top 50 Women in Global Business," "50
Most Powerful Women in Business" and as one of the world's "100
Most Powerful Women."
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
John Sinnott, Investor
Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
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SOURCE Qualcomm Incorporated