Summary
Qualcomm Incorporated announced a significant addition to its Board of Directors with the election of Christopher D. Young, a former Executive Vice President from Microsoft Corporation. Mr. Young brings a wealth of experience from his previous role overseeing business development, strategy, and ventures, which is expected to be a valuable asset to Qualcomm's strategic direction and growth initiatives. His appointment, effective May 12, 2025, is for a term concluding at the next annual meeting, and he has also been appointed to the HR and Compensation Committee, indicating a direct role in executive compensation and human capital strategy.
Key Highlights
- 1Christopher D. Young, former EVP of Business Development, Strategy, and Ventures at Microsoft, has been elected to Qualcomm's Board of Directors.
- 2Mr. Young's appointment is effective immediately and will last until the Company's next annual meeting.
- 3He has been appointed to the Board's HR and Compensation Committee.
- 4The appointment is not based on any undisclosed arrangements or transactions requiring further disclosure.
- 5Mr. Young will receive standard compensation for non-employee directors under the Qualcomm Incorporated 2025 Director Compensation Plan.
- 6He was granted 1,748 deferred stock units (DSUs) on May 12, 2025, as part of his director compensation.