Qualcomm Appoints Thomas
Horton to its Board of Directors
Qualcomm, a leading player
for wireless technologies and data solutions, has appointed Thomas
Horton to its Board of Directors. With over 25 years of finance
experience, he is currently working as executive VP, finance and
planning and CFO of AMR Corporation, the parent company of
American
Airlines.
"We are very pleased to
welcome Tom as a member of Qualcomm's Board of Directors," said Dr.
Irwin Mark Jacobs, chairman of Qualcomm. "His substantial background in
global finance and operations coupled with his knowledge of the
telecommunications industry will be highly beneficial to our board and
management."
In addition to being
responsible for AMR's finance functions, Horton also oversees network
and fleet planning, revenue management and international alliances.
Previously, he served as
vice chairman and chief financial officer of AT&T, where he helped
streamline the business and structure the company's merger with SBC
Communications.
Prior to AT&T, Horton spent
17 years with AMR Corporation, serving in leadership positions and
helping to guide the company through a range of industry challenges,
Qualcomm says. Since returning to AMR in 2006, Horton has focused on
strengthening the company's financial position, cost structure and
revenue initiatives, launching its fleet renewal strategy and enhancing
its global network.
He has a bachelor's degree
in business administration from Baylor University and a Master of
Business Administration from Southern Methodist University.
Qualcomm is in the business
of digital wireless communications products and services based on CDMA
and other technologies.
Among its recent
initiatives, Qualcomm has introduced a
PC alternative named Kayak for
Net connectivity in developing markets worldwide. Initial Kayak PC
alternative units are being manufactured by Taiwan-based Inventec
Corporation.
