It looks like Microsoft won’t be getting Mollenkopf and the list of candidates for its new CEO is dwindling, at least by one 🙂
Mollenkopf will be taking over from Paul Jacobs who has guided Qualcomm extremely successfully. During Jacobs’ rein, Qualcomm’s market cap doubled, revenues quadrupled and EPS tripled. Mollenkopf will have a tough act to follow.
No doubt Mollenkopf has proven himself through the 3.1 billion acquisition of Atheros as well as being a loyal Qualcomm employee for nearly 20 years.
It will certainly be an interesting year for Qualcomm as the Jacob family is no longer at the helm of the company Irwin Jacob founded. I believe the transition will be a smooth one, though the challenges ahead will be plentiful.