QUALCOMM Incorporated filed SEC Form 8-K: Leadership Update
$QCOM
Radio And Television Broadcasting And Communications Equipment
Technology
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
QUALCOMM Incorporated
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation)
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On May 12, 2025, the Board of Directors (the “Board”) of QUALCOMM Incorporated (the “Company”) elected Christopher D. Young, former Executive Vice President, Business Development, Strategy, and Ventures of Microsoft Corporation, to the Board. Mr. Young was elected for a term of office that expires at the Company’s next annual meeting of stockholders. The Board also appointed Mr. Young to its HR and Compensation Committee. There is no arrangement or understanding between Mr. Young and any other person pursuant to which he was selected as a director, and there are no transactions involving the Company and Mr. Young that are required to be reported pursuant to Item 404(a) of Regulation S-K. Mr. Young will receive compensation for his service as a non-employee director of the Company under the Qualcomm Incorporated 2025 Director Compensation Plan (the “Director Compensation Plan”). The components of the Director Compensation Plan are described in Exhibit 10.21 to the Company’s Form 10-K for its fiscal year ended September 29, 2024. Under the Director Compensation Plan, on May 12, 2025, Mr. Young was granted 1,748 deferred stock units (DSUs), representing a pro rata portion of the value of a DSU award for a full year of service on the Board.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| QUALCOMM Incorporated | |||||||||||||||||
| Date: | May 13, 2025 | By: | /s/ Ann Chaplin | ||||||||||||||
| Ann Chaplin | |||||||||||||||||
| General Counsel and Corporate Secretary | |||||||||||||||||