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Cristiano R. Amon

President and CEO at QUALCOMM INC/DE
Board
Since June 30, 2021
Age
54 years
Education
Holds a B.S. in Electrical Engineering and an honorary doctorate from UNICAMP, the State University of Campinas, Brazil.
Tenure
Joined QCOM in 1995 and progressed through roles including Senior VP of QCT Product Management, Executive VP and President of QCT, President from January 2018 to January 2021, and has served as President and CEO since June 30, 2021.

Also at QUALCOMM INC/DE

AP
Akash Palkhiwala
CFO and COO
DBA
Dr. Baaziz Achour
CTO

About

Cristiano R. Amon is 54 years old as of November 1, 2024. He holds a B.S. in Electrical Engineering and an honorary doctorate from UNICAMP, the State University of Campinas, Brazil, marking a strong technical foundation.

Having joined QCOM in 1995, his career spans over 27 years of progressive leadership. Throughout his tenure, he advanced from an engineer to holding key positions such as Senior Vice President of QCT Product Management, Executive Vice President and President of QCT, and later as President. His journey reflects strategic promotions and significant contributions to technology innovation within the company.

Currently, serving as President and CEO since June 30, 2021, his leadership has been pivotal in advancing Qualcomm’s position in 5G technology, mobile platforms including the development of Snapdragon platforms, and the expansion into automotive and IoT markets. In addition to his role at QCOM, he contributes to the broader technology sector through his board membership at Adobe Inc. since October 2023.

$QCOM Performance Under Cristiano R. Amon

Past Roles

OrganizationRoleDate RangeDetails
Qualcomm (QCOM) President and CEO-elect January 2021 to June 2021 Transitioned to CEO role
Qualcomm (QCOM) President January 2018 to January 2021 Served before appointment as CEO
Qualcomm (QCOM) Executive Vice President, Qualcomm Technologies, Inc. (QTI) and President, Qualcomm CDMA Technologies (QCT) November 2015 to January 2018 Held leadership roles in QTI and QCT
Qualcomm (QCOM) Executive Vice President, QTI and Co-President, QCT October 2012 to November 2015 Oversaw multiple divisions
Qualcomm (QCOM) Senior Vice President and Co-President, QCT June 2012 to October 2012 Short-term leadership role prior to restructuring
Qualcomm (QCOM) Senior Vice President, QCT Product Management October 2007 to June 2012 Led product roadmap including Snapdragon platforms
Qualcomm (QCOM) Engineer and other technical and leadership positions 1995 to October 2007 Held various early career roles

External Roles

OrganizationRoleDate RangeDetails
Adobe Inc. Board of Directors Member Since October 2023 N/A

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Salary$1,350,000 Fiscal 2024Fixed salary for 2024
Perquisites and Other Personal Benefits$612,699 Fiscal 2024Noncash benefits component
Nonqualified Deferred Compensation Plan Contributions$75,600 Fiscal 2024Deferred compensation contributions
Charitable Match$125,000 Fiscal 2024Matching charitable contributions
401(k) Match$6,725 Fiscal 2024Retirement account match
Life Insurance Premiums$8,466 Fiscal 2024Life insurance benefits

Performance Compensation

Data from  FY 2024

Annual Cash Incentive Plan (ACIP)

DetailValue/Details
Performance MetricsAdjusted Revenues (40%) and Adjusted Operating Income (60%)
Non-Financial ModifierHuman capital advancements multiplier ranging from 0.9 to 1.1
Target Payout200% of salary = $2,700,000
Actual Performance107.9% financial performance with a 1.0 non-financial modifier, resulting in a payout of $3,753,000
Evaluation PeriodFiscal 2024
VestingNot applicable (cash incentive plan)

Relative Total Shareholder Return (RTSR) PSUs

DetailValue/Details
Performance MetricQualcomm's Total Shareholder Return vs. NASDAQ-100 companies over fiscal 2024-2026
Threshold25th percentile earns 0.25x target shares
Target55th percentile earns 1x target shares
Maximum90th percentile earns 2x target shares
Cap ConditionIf Qualcomm's absolute TSR is negative, shares earned are capped at the target level
Grant DateDecember 13, 2023
Grant Date Fair Value$6,000,022
Vesting Schedule100% cliff vesting on December 15, 2026
Evaluation PeriodFiscal 2024-2026
ConditionContinued employment through the vesting date is required

Earnings Per Share (EPS) PSUs

DetailValue/Details
Performance MetricAverage Adjusted EPS over fiscal 2024-2026
Threshold0.33x target = 14,265 shares
Target1x target = 43,228 shares
Maximum2x target = 86,456 shares
Grant DateDecember 13, 2023
Grant Date Fair Value$6,000,046
Vesting Schedule100% cliff vesting at the end of the performance period (fiscal 2024-2026)
Evaluation PeriodFiscal 2024-2026
ConditionContinued employment is required to earn the shares

Interviews

We are really focused on diversifying and growing, says Qualcomm CEO Cristiano Amon thumbnail

We are really focused on diversifying and growing, says Qualcomm CEO Cristiano Amon

CNBC Television
5:29 min
Nov 19, 2024
Cristiano Amon, Qualcomm CEO on Q1 FY25 Earnings: Fortt Knox thumbnail

Cristiano Amon, Qualcomm CEO on Q1 FY25 Earnings: Fortt Knox

Fortt Knox
10:17 min
Feb 5, 2025
Qualcomm CEO: We're at start of 'significant upgrade' for AI smartphones thumbnail

Qualcomm CEO: We're at start of 'significant upgrade' for AI smartphones

CNBC International Live
5:17 min
Mar 4, 2025
Qualcomm’s Cristiano Amon: GenAI Will Revolutionize How Your Experience the World thumbnail

Qualcomm’s Cristiano Amon: GenAI Will Revolutionize How Your Experience the World

Morgan Stanley
10:08 min
Nov 22, 2024
Lenovo Tech World 2023: Qualcomm’s Cristiano Amon on Every-day AI thumbnail

Lenovo Tech World 2023: Qualcomm’s Cristiano Amon on Every-day AI

Lenovo
1:02 min
Oct 27, 2023
Qualcomm CEO Cristiano Amon on rumored bid for Intel: We don't comment on rumors thumbnail

Qualcomm CEO Cristiano Amon on rumored bid for Intel: We don't comment on rumors

CNBC Television
5:09 min
Oct 21, 2024
AI's Next Phase With Qualcomm CEO Cristiano Amon thumbnail

AI's Next Phase With Qualcomm CEO Cristiano Amon

Bloomberg Television
7:51 min
Feb 28, 2024