Microsoft hires Qualcomm EVP to head business development


Microsoft (NASDAQ:MSFT) has hired Peggy Johnson, an EVP for Qualcomm's (NASDAQ:QCOM) chip unit (Qualcomm Technologies), to be its new business development chief. Johnson arrives 5 months after Microsoft announced her predecessor, one-time CEO candidate Tony Bates, is leaving.

At Qualcomm, Johnson was responsible for creating new business opportunities and strategic relationships, a role not too different from the one she'll have at Microsoft. Johnson was also in charge of Qualcomm Labs, the mobile chip/IP giant's business incubation arm.

"Peggy shares our worldview and knows what it takes to drive new growth in mobility and the cloud," says Satya Nadella. The hiring of a mobile exec to run business developmentĀ  comes shortly after Microsoft added mobile industry vet John Stanton to its board.

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Comments (6)
  • MikeyBGMXUser
    , contributor
    Comments (10) | Send Message
     
    Why is Tony Bates being replaced by Peggy? Was he not technical enough, only a figurehead? One-time CEO candidate of which, MSFT or Qualcomm? Was he upset at being passed over at MSFT? Seems to me some politics here.....oh well, what do you expect after a CEO shakeup...at least MSFT investors seem to like it so far...note that the new board member is a mobile industry vet....good move MSFT, you're going the right direction, since you already own the business desktop.....
    5 Aug 2014, 07:40 PM Reply Like
  • romilar
    , contributor
    Comments (772) | Send Message
     
    Mobile and cloud savvy? I hope this produces a dip so I can get some more cheap shares. Somehow I don't think MSFT is going to be "on sale" much longer....Rom
    5 Aug 2014, 08:37 PM Reply Like
  • outofhere
    , contributor
    Comments (3694) | Send Message
     
    romilar

     

    Quite a few whispers that MSFT will be going south shortly so you may get your wish.
    5 Aug 2014, 10:10 PM Reply Like
  • romilar
    , contributor
    Comments (772) | Send Message
     
    NYCTEXAS, Suits me fine. I bought this in the Deep South so a 20% drop would just fit my pocket. I don't wish any investor Ill, but I do love a bargain...Rom
    5 Aug 2014, 11:39 PM Reply Like
  • wil3714
    , contributor
    Comments (2273) | Send Message
     
    Good acquisition and at the right time too, good move by Nadella, the board, and perfect fit for smooth transition
    5 Aug 2014, 11:57 PM Reply Like
  • romilar
    , contributor
    Comments (772) | Send Message
     
    NYCTEXAS,

     

    Suits me fine sir. I got this stock in the Deep south so a 20% dip would fit my pocket nicely. I don't wish any investors Ill, but I do love a bargain...Rom
    6 Aug 2014, 12:27 AM Reply Like
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