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 .