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Intel Wrestles Away Qualcomm’s CFO George Davis

By John F. Heerdink, Jr.
This week it was reported that Intel Corporation (INTC) hired away Qualcomm’s now-former CFO George Davis to fill in their CFO post that has been vacated since January. Davis joined Qualcomm in 2013 and served the company as mobile chip supplier chief and was also a part of the executive committee of the company’s board of directors. Qualcomm is one of Intel’s competitors. Bob Swan, CEO of Intel stated:  “I know George is a world-class CFO, leader, and team-builder. Our owners can expect a continued disciplined approach to capital allocation and a relentless focus on creating stockholder value.” Intel Corporation (INTC) seeks to expand the boundaries of technology to provide the most amazing experience possible while designing, manufacturing, and selling integrated digital technology globally. To learn more about Intel Corporation and to track its progress please visit the Vista Partners Intel Corporation Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Join us at Vista Partners! It’s FREE to receive email updates.

Qualcomm finance chief departs for rival Intel

Davis had been the mobile chip supplier’s finance chief since 2013 and also served on the executive committee of the company’s board of directors. Qualcomm said it appointed David Wise, a longtime veteran of the company and its treasurer, as interim finance chief while it searches for a replacement..
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