Qualcomm Appoints Patricia Grech as Chief Accounting Officer, Neil Martin Shifts to Corporate Development

Qualcomm Incorporated (NASDAQ:QCOM) is one of the best QQQ stocks to buy right now. Effective August 25, Qualcomm Incorporated announced key changes to its finance leadership. Neil Martin, who previously served as Senior Vice President, Finance and Chief Accounting Officer, transitioned into the role of Senior Vice President, Corporate Development. In this new position, he will be responsible for the company’s M&A and other strategic growth initiatives.

Patricia Grech was appointed as the new Senior Vice President and Chief Accounting Officer. Grech has a long history with Qualcomm, having joined the company in 2006. Most recently, she held the position of Vice President, Finance and Controller. Her educational background includes a Bachelor of Science in Accountancy and Finance from Miami University of Ohio and an MBA from The Ohio State University.

In her new role, Grech’s base salary is set at $380,546 per year. Starting in fiscal year 2026, her target bonus under the company’s Annual Cash Incentive Plan will increase to 35% of her base salary. She will also receive a promotion grant of restricted stock units valued at $85,000. In addition, she will continue to be a part of Qualcomm’s standard benefit programs.

Qualcomm Incorporated (NASDAQ:QCOM) develops and commercializes foundational technologies for the wireless industry worldwide. It has 3 segments: Qualcomm CDMA Technologies/QCT, Qualcomm Technology Licensing/QTL, and Qualcomm Strategic Initiatives/QSI.

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Disclosure: None. This article is originally published at Insider Monkey.