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.