Broadcom promises on security, Qualcomm revamps board

Broadcom promises on security, Qualcomm revamps board

Broadcom promises on security, Qualcomm revamps board

Separately, Qualcomm Inc said it discontinued the role of executive chairman and named a new non-executive chairman as it seeks to curry favor with shareholders ahead of a proxy fight with Broadcom now slated for April 5. Qualcomm also said Tom Horton would continue as its lead director. Horton has been a member of the company’s board since December 2008, having previously served as chairman and chief executive officer of American Airlines Group Inc .

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Source:: https://finance.yahoo.com/news/broadcom-says-not-sell-national-security-assets-foreign-122149539–finance.html