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Co-CEOs Resign at RIM

RIM announced that Mike Lazaridis and Jim Balsillie have resigned as Co-CEOs & Co-Chairmen of the company. Lazaridis will stay on the Board as Vice Chairman and Balsillie will serve as a Director. In response to the resignations, the company has named COO Thorsten Heins as CEO of the company. Prior to joining RIM in 2007, Heins served as the CTO of Siemens' Communications Division. Barbara Stymiest, a Board Member since 2007, has been named as the company’s new Independent Chairman.

Founding Member Resigns from Qualcomm Board

Qualcomm announced that co-founder Dr. Irwin Mark Jacobs, 78, has resigned from the company’s Board. He served as CEO of Qualcomm from 1985 to 2005 and as Chairman until 2009. Early in his career, Jacobs co-founded Linkabit, a designer and developer of communications equipment which was later sold to M/A-Com. Jacobs is currently Chair of the Salk Institute for Biological Studies and of the National Academy of Engineering. He has received many business accolades over the years, including the National Medal of Technology in 1994, the IEEE Alexander Graham Bell medal in 1995, the Financial Times Lifetime Achievement award (for 25 years in Telecommunications) in 2005, the IEEE and Royal Society of Edinburgh James Clerk Maxwell Award in 2007, and the Marconi Society Prize in 2011.

Cisco Hires SVP for New Division

Cisco announced that it has hired Chris Young to serve as SVP of the newly formed Cisco Security Group. Young comes to Cisco from VMware, where he was the SVP & GM of End User Computing. At VMware, he was responsible for strategy, products, engineering, and delivery for all end user computing solutions. Prior to joining VMware, Young was SVP at RSA, the security division of EMC. He also sits on the Board of Directors for Rapid 7, a provider of security risk intelligence solutions.

Major Executive Shakeup at Qualcomm

Steve Altman, 49, has been appointed as the new Vice Chairman of Qualcomm. Most recently, Altman served as President of the company. Prior to being named President, Altman served as EVP & President of Qualcomm Technology Licensing. He also serves on the Board of Directors at Amylin Pharmaceuticals.

Steve Jobs Relinquishes CEO Role at Apple; Replacement Announces First Promotion Decision

Apple announced that Steve Jobs, 56, has resigned as CEO of the company. He will continue to serve the company in his new role as Chairman of the Board. Former Apple COO Tim Cook, 50, has assumed the role of CEO. Prior to joining Apple, Cook was the VP of Corporate Materials for Compaq. He came to Compaq from Intelligent Electronics, where he served as COO of the computer reseller division. Cook has also worked at IBM, most recently as the Director of North American Fulfilment.

Cisco Promotes Longtime Employee to Regional GM

Cisco Systems announced that Christian Martin has been appointed as the GM of Switzerland. Martin has been with Cisco since 1998 and has served the company in a variety of roles, including Manager of the Datacenter Virtualization team and Regional Sales Manager for the Enterprise Business in Switzerland. He replaces Eric Waltert, who is now the EMEA Leader of Collaboration for the Cisco Enterprise Business Group.

Qualcomm Expands R&D Exec’s Role to Include CTO Responsibilities

Qualcomm, a wireless communication components company, announced the appointment of Matt Grob as EVP and CTO. In addition to his new responsibilities, Grob will continue to lead Qualcomm's Corporate R&D division and provide oversight to Qualcomm’s Corporate Engineering Services. Grob joined Qualcomm in 1991 as an engineer. Since his promotion to SVP of Corporate R&D in 2006, Grob has expanded the group's mission beyond wireless connectivity into new areas such as Augmented Reality.

Qualcomm Names New Asia Sales Head

Qualcomm has named Jim Doh as President and SVP, Worldwide Sales for Qualcomm CDMA Technologies (QCT) Asia. He joined Qualcomm in 1997 and has helped to establish the Qualcomm CDMA Technologies business in Korea, Taiwan, and Japan. Prior to joining Qualcomm, Doh held various technical and business management roles at Intel and Raytheon.

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