Qualcomm interim CFO David Wise to retire

FILE PHOTO: A Qualcomm sign is pictured in front of one of its many buildings in San Diego, California November 5, 2014. REUTERS/Mike Blake

(Reuters) – Chipmaker Qualcomm Inc said on Friday interim Chief Financial Officer Dave Wise will retire, effective immediately, and named Akash Palkhiwala as a temporary replacement.

Wise, a 23-year company veteran, had replaced CFO George Davis in April.

Palkhiwala, who joined Qualcomm in 2001, is currently senior vice-president of finance.

Reporting by Dominic Roshan K. L.; Editing by Anil D’Silva

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source: reuters.com