Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies and data solutions, today announced the appointment of Thomas Horton to its Board of Directors. Horton brings more than 25 years of finance experience to the position and currently serves as executive vice president, finance and planning and chief financial officer of AMR Corporation, the parent company of American Airlines.
“We are very pleased to welcome Tom as a member of Qualcomm's Board of Directors,” said Dr. Irwin Mark Jacobs, chairman of Qualcomm. “His substantial background in global finance and operations coupled with his knowledge of the telecommunications industry will be highly beneficial to our board and management.”
Horton's career spans a variety of markets and disciplines. In addition to being responsible for all of AMR's finance functions, Horton also oversees network and fleet planning, revenue management and international alliances. Previously, Horton served as vice chairman and chief financial officer of AT&T, where he helped streamline the business and structure the company's merger with SBC Communications. Prior to AT&T, Horton spent 17 years with AMR Corporation, serving in numerous leadership positions and helping to guide the company through a range of industry challenges. Since returning to AMR in 2006, Horton has focused on strengthening the company's financial position, cost structure and revenue initiatives, launching its fleet renewal strategy and enhancing its global network.
Horton earned a bachelor's degree in business administration from Baylor University and a Master of Business Administration from Southern Methodist University.
Qualcomm Incorporated (Nasdaq: QCOM) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 100 Index, the S&P 500 Index and is a 2008 FORTUNE 500® company. For more information, please visit www.qualcomm.com.