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To: Eric L who wrote (370)	7/24/2001 9:46:20 AM
From: Eric L	Read Replies (1) \| Respond to of 426

re: Richard Sulpizio Resignation Reporting to QUALCOMM Chairman and CEO Dr. Irwin Jacobs: * Anthony S. Thornley becomes COO as well as CFO * Dr. Paul E. Jacobs becomes group president of QUALCOMM Wireless & Internet Group * Donald E. Schrock becomes group president of QUALCOMM CDMA Technologies Group Steve Altman is EVP & president of QUALCOMM Technology Licensing * Dan Sullivan is EVP Human Resources * Roberto Padovani is EVP Corporate R&D * Franklin Antonio is EVP and CTO >> QUALCOMM Announces Resignation of Richard Sulpizio as President and COO; Mr. Sulpizio to Remain on QUALCOMM Board of Directors July 24, 2001 Business Wire QUALCOMM Incorporated QCOM today announced that Richard Sulpizio has elected to resign as president and chief operating officer of QUALCOMM to pursue personal interests. Mr. Sulpizio will continue his leadership role as a member of QUALCOMM's Board of Directors. Richard Sulpizio joined QUALCOMM in 1991, serving in executive management positions including vice president of information systems, president of QUALCOMM's OmniTRACS Division and chief operating officer of QUALCOMM. Mr. Sulpizio was named president and chief operating officer in 1998. "Rich has been instrumental in QUALCOMM's daily operations for more than a decade," said Dr. Irwin M. Jacobs, chairman and CEO of QUALCOMM. "He has been a key part of our executive team, helping guide the Company through periods of rapid growth and change. We thank Rich for his many contributions and look forward to continuing to utilize his valuable knowledge and experience as an active QUALCOMM Board member." "QUALCOMM has been a tremendously rewarding career and personal experience," said Richard Sulpizio. "I have enjoyed being mentored by Irwin Jacobs and working with my talented colleagues on the management team at QUALCOMM. I am looking forward to contributing to the future of the Company while continuing as a member of QUALCOMM's Board of Directors." << >> QUALCOMM Announces New Corporate Structure to Focus On Growth Opportunities Company Names Chief Operating Officer, Group Presidents Business Wire July 24, 2001 QUALCOMM Incorporated, today announced a new corporate structure to focus on growth opportunities following the Company's decision to withdraw its plan to spin off its semiconductor business. QUALCOMM's Board of Directors established two business groups, QUALCOMM Wireless & Internet Group and QUALCOMM CDMA Technologies Group, and approved the following appointments: Anthony S. Thornley as chief operating officer. Mr. Thornley will oversee all operational activities for the Company and will retain his responsibilities as chief financial officer. Dr. Paul E. Jacobs as group president of QUALCOMM Wireless & Internet Group. Dr. Paul Jacobs will oversee QUALCOMM Technology Licensing, QUALCOMM Internet Services (BREW), QUALCOMM Wireless Business Solutions (OmniTRACS), QUALCOMM Digital Media (Digital Cinema, Government Systems). Donald E. Schrock as group president of QUALCOMM CDMA Technologies Group. Mr. Schrock will oversee QUALCOMM CDMA Technologies and SnapTrack. These positions report directly to QUALCOMM Chairman and CEO Dr. Irwin Jacobs, along with Executive Vice Presidents Steve Altman (president of QUALCOMM Technology Licensing), Dan Sullivan (Human Resources), Roberto Padovani (Corporate R&D) and Franklin Antonio (chief technology officer). ``Since its founding in 1985, QUALCOMM has achieved significant growth based on combining technical innovation with rapid product development, marketing and customer support,'' said Dr. Irwin Jacobs, chairman and CEO of QUALCOMM. ``This corporate realignment provides our businesses with strong leadership in a responsive organization to encourage and accommodate change and support the global expansion of the CDMA market.'' << - Eric -