Summary
This 8-K filing by QUALCOMM Incorporated (QCOM) reports on a significant executive appointment. On December 11, 2006, the Board of Directors appointed Dr. Sanjay K. Jha to the additional role of Chief Operating Officer (COO). Dr. Jha will continue to hold his current position as Group President of QUALCOMM CDMA Technologies. This move signifies a strengthening of the company's operational leadership. Importantly, Dr. Jha's appointment does not come with an immediate salary increase or additional stock options, with his compensation remaining under previously disclosed terms.
Key Highlights
- 1Dr. Sanjay K. Jha appointed as Chief Operating Officer (COO) of QUALCOMM Incorporated.
- 2Dr. Jha retains his role as Group President, QUALCOMM CDMA Technologies.
- 3The appointment became effective December 11, 2006.
- 4No immediate salary increase or additional stock options were granted to Dr. Jha for this new responsibility.
- 5Dr. Jha's compensation remains consistent with previously disclosed arrangements.
- 6This appointment is effective immediately and reported on December 14, 2006.