Friday, March 9, 2018

Paul Jacobs relinquishes executive chairmanship of Qualcomm

Dr. Paul E. Jacobs will no longer serve as Executive Chairman of the Qualcomm Board of Directors. Jeffrey W. Henderson, an independent Qualcomm director since 2016, will serve as Non-Executive Chairman. Dr. Jacobs will continue to serve on the Qualcomm Board, but will no longer serve in an executive management capacity. Qualcomm said its Board believes that an independent Chairman is now more appropriate than an Executive Chairman. Dr. Jacobs...

Qualcomm once again extends tender offer for NXP

On Friday, March 9, Qualcomm once again extended its cash tender offer to purchase all of the outstanding common shares of NXP Semiconductors. This offer extends through close of business on  March 16, 2018. The acquisition was originally announced on October 27, 2016. NXP Semiconductors N.V., which headquartered in Eindhoven, Netherlands, employs approximately 45,000 people in more than 35 countries and is known for its mixed-signal semiconductor...

Nokia appoints Goel to head Global Services

Nokia has appointed Sanjay Goel as President of Global Services and member of the Group Leadership Team (GLT), reporting to Rajeev Suri, the company's CEO. He replaces Igor Leprince, who is leaving to pursue opportunities outside the company. Goel was most recently head of Global Services Sales. He brings with him the experience of senior leadership roles in Services over the last ten years at Nokia. He has a Bachelor's Degree in Engineering with...