Steve Mollenkopf Will NOT Become CEO of Microsoft; Made President and CEO of Qualcomm

[Centrics]

Bloomberg today reported that Microsoft board is considering Qualcomm’s Chief Operating Officer Steve Mollenkopf among candidates to replace CEO Steve Ballmer. This is the first report revealing that Mollenkopf is on the list of several choices which are under serious consideration by Microsoft’s board. Mollenkopf at Qualcomm is responsible for the popular mobile processors which powers leading smartphones including Nokia Lumia 1520, Galaxy S4, etc,. Also Bloomberg once again confirmed that other people in the list also includes Microsoft executive Satya Nadella and external candidates including Ford CEO Alan Mulally. Steve’s profile from Qualcomm, Since 2008, Mollenkopf led QCT and served as executive vice president and group president of Qualcomm, driving growth and providing critical technical and operational leadership. QCT is the world’s largest wireless chip supplier and fabless semiconductor company, in terms of revenue. Under Mollenkopf’s leadership, QCT also completed the $3B acquisition of Atheros, the Company’s largest acquisition to date, to accelerate the expansion of Qualcomm’s technologies and platforms to new businesses beyond cellular and provide access to...

The rest of the story...
Microsoft News

[Centrics]

So Dina Bass is wrong again._ But whatever gets the most page views, right?_The report that Qualcomm executive Steve Mollenkopf was being seriously considered as Microsoft’s next CEO was false._Microsoft’s new CEO will of course have to work closely with Qualcomm since they are an important partner for Windows Phone and rumored to be powering the 8-inch_Surface mini. Here is the press release from Qualcomm: Qualcomm Incorporated (NASDAQ: QCOM) today announced that its Board of Directors has unanimously approved a succession plan for executive management of the Company. Effective December 12, 2013, Steve Mollenkopf was promoted to Chief Executive Officer-elect of Qualcomm, and appointed to its Board of Directors. He will continue to serve as the Company’s President. Effective March 4, 2014, following the Company’s 2014 Annual Meeting of Stockholders, Mollenkopf will become Chief Executive Officer. In this role, he will assume overall responsibility for Qualcomm, including all lines of business and all functional groups in the Company. On March 4, 2014, Dr. Paul E. Jacobs will assume the role...

The rest of the story...
Microsoft News

[NewsCopy]

The move comes hours after reports that Microsoft was considering Qualcomm COO Steve Mollenkopf as a possible replacement for Steve Ballmer

The rest of the story

[Centrics]

Mr. Mollenkopf was a serious contender to succeed Steve Ballmer as Microsoft's next CEO, one person familiar with the situation said Friday, adding it wasn't clear he received a job offer. The possibility may have accelerated a promotion that Qualcomm had been considering for some time, this person

More...