Qualcomm President Cristiano Amon Is Taking Over As CEO

Qualcomm is getting a new CEO: Cristiano Amon, who already serves as president for the company, will replace Steve Mollenkopf, who took over as CEO in 2014. The Verge reports: Amon has already served as the public face of the company for some time, presiding over introductions of new products like the Snapdragon 888, making him an obvious choice to succeed Mollenkopf at the helm. Mollenkopf's tenure as CEO saw Qualcomm face numerous challenges: antitrust accusations, allegations of anticompetitive behavior, and a massive fight with Apple that saw the two companies sever their relationship (before patching things up in a settlement). But he also oversaw Qualcomm's growth into the juggernaut it is today, one that nearly completely dominates the industry for mobile processors. [...] Amon is set to take the reins on June 30th, with Mollenkopf set to stick around as a "strategic advisor" for an unspecified amount of time.

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