FILE PHOTO: a Qualcomm sign is pictured in front of one of the many buildings in San Diego, California, on November 5, 2014. REUTERS/Mike Blake
(Reuters) – Chipmaker Qualcomm Inc said on Friday’s, interim Chief executive Officer (ceo), Dave Wise, will be retiring, effective immediately, and in the name of Akash Palkhiwala, as a temporary replacement.
Wise, a 23-year-old company veteran, was replaced as CFO, George Davis, in the month of April.
Palkhiwala, who is also a member of Qualcomm in 2001, and is currently a senior vice president of finance.
Reporting Dominic, Roshan K. L.; Editing by Anil D’silva