Mobile chip giant Qualcomm (NASDAQ:QCOM) just announced that it's elected Jon Rubinstein to its board of directors. It's a relatively minor announcement, but could still be considered a win for the company considering Rubinstein's extensive tech experience.
Rubinstein made a name for himself as a hardware exec at Apple (NASDAQ:AAPL) during the early days of the iPod and iMac. He then went on to become CEO of Palm to orchestrate a turnaround, which fell flat despite his best efforts. Palm was subsequently acquired by Hewlett-Packard (NYSE:HPQ). Rubinstein didn't last long at HP, and left the company shortly after. It's also worth noting that Rubinstein is also on Amazon.com's (NASDAQ:AMZN) board because the e-tail leader is increasingly becoming a force to be reckoned with in mobile computing.
In the video below, Fool contributor Evan Niu, CFA, discusses how Qualcomm may benefit from his expertise.
Fool contributor Evan Niu, CFA, owns shares of Apple and Qualcomm. The Motley Fool recommends Amazon.com and Apple. The Motley Fool owns shares of Amazon.com, Apple, and Qualcomm. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.