logo
Plus   Neg
Share
Email

Qualcomm CFO William Keitel To Retire - Quick Facts

Qualcomm Inc. (QCOM) announced that William Keitel has decided to retire as executive vice president and chief financial officer. George Davis, currently executive vice president and chief financial officer of Applied Materials, Inc., will replace Keitel effective March 11, 2013.

The company said that Keitel will continue as chief financial officer until that time, and will then assist with the transition and serve as special advisor to the CEO for the remainder of the calendar year. Davis will report to Paul Jacobs, chairman and chief executive officer of Qualcomm.

Davis served as a chief financial officer for more than six years. During his nearly 13-year tenure with Applied Materials, Davis held several leadership roles including corporate treasurer and head of the Corporate Business Development group, where he was responsible for merger and acquisition activities, strategic planning, and management of the Company's venture investments. In addition to his finance and business development oversight, George also had responsibility for the company's activities in information technology, government affairs and corporate relations.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Alcoa Inc. (AA), the largest producer of aluminum in the US, Wednesday reported a third-quarter adjusted profit that trumped Wall Street estimates, driven largely by revenue growth. New York-based Alcoa reported third-quarter loss of $41 million or $0.22 per share, compared with profit of $113 million... Tesla Inc. (TSLA) CEO Elon Musk plans to buy $20 million of the luxury electric car company's stock, according to a filing with the Securities and Exchange Commission. "Separate and apart from the settlement, Elon has notified Tesla that he intends to purchase from Tesla, and Tesla expects that it... Tesla Inc. has acquired an 864,885-square meter plot in Shanghai's Lingang area for its new factory in China, the world's largest market for electric vehicles, according to media reports. The new factory will be the electric car maker's first Gigafactory outside the U.S. In July, Tesla confirmed it has signed a deal with the Shanghai Municipal Government to start building Gigafactory 3.
Follow RTT