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 development comes shortly after Microsoft added mobile industry vet John Stanton to its board.