(Telecompaper) Qualcomm has announced, that effective 12 December, it promoted Steve Mollenkopf to the position of chief executive officer-elect and appointed him to the Qualcomm board of directors. He will continue to serve as the company's president. Effective 4 March 2014, following the company's 2014 Annual Meeting of Stockholders, Mollenkopf will become chief executive officer. In this role, he will take over responsibility for Qualcomm, including all lines of business and all functional groups within the company. Also effective 4 March 2014, Dr. Paul E. Jacobs will assume the role of executive chairman.