Executive Moves

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CEO moves in May 2021 - Highlights

  1. Qualcomm has appointed Cristiano Amon, its fourth CEO in its 36-year history. All four CEOs have been company veterans who rose through the ranks and came from a technology and engineering background:
    1. Irwin Jacobs, Qualcomm’s first CEO, founded the company in 1985 and remained as CEO until 2005.
    2. Paul Jacobs (Irwin’s son) had been with the company since 1990 and took over the CEO role in 2005.
    3. Steve Mollenkopf had been with the company since 1994 and became CEO in 2014
    4. Cristiano Amon had been with the company since 1995 and was appointed as CEO last month.
  2. Ulta Beauty has appointed Dave Kimbell, the company’s President and formerly Chief Marketing Officer to the top role. He succeeds Mary Dillon, one of the few female S&P 500 CEOs who remains in the company and has transitioned to the role of executive Chair. As a result of the move the number of female CEOs in the S&P 500 has dropped to 30 (just 6%).
  3. Blackstone Mortgage Trust. One of the highest profile female CEO appointment was at Blackstone Mortgage Trust Inc, where Katie Keenan was promoted to lead the company. Keenan who is 37 had been with the company since 2012 and quickly rose through the ranks. She previously featured in a ‘30 under 30’ list by Forbes magazine as a rising star in real estate investment management. She succeeds Steve Plavin who remains in Blackstone Real Estate business.
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