Qualcomm Announces Steve Altman, Vice Chairman, to Retire
Qualcomm Incorporated (NASDAQ: QCOM) today announced that Steve Altman, vice chairman, has decided to retire from Qualcomm, effective January 3, 2014. Moving forward, he will continue to serve as a strategic consultant to the Company.
Altman has served as a member of Qualcomm's Executive Committee for nearly 15 years, providing direction and guidance on key initiatives across all areas of the business, as well as on overall Company vision and strategy. He joined Qualcomm in 1989 and his leadership roles have included General Counsel, President of QTL, President of Qualcomm and, most recently, Vice Chairman. Throughout his 24 year tenure, Altman's contributions have helped enable the successful growth, evolution and expansion of the Company into a world leading mobile technology innovator.
One of his most significant impacts has been as chief architect of Qualcomm's IP licensing strategy, which was a catalyst for both the QTL business and the accelerated worldwide growth of CDMA technology. Altman has been responsible for structuring and negotiating key license agreements, joint ventures, acquisitions and many important strategic relationships.
"Steve has been an exceptional leader, valued advisor and a close confidant and friend to me. I have many great memories of