Qualcomm Adds Computing Veteran Rubinstein to Board

(Corrects fourth paragraph of story from May 6 to show that Qualcomm has 12 directors.)

Qualcomm Inc. (QCOM), the largest seller of semiconductors for mobile phones, named former Hewlett-Packard Co. (HPQ) and Apple Inc. (AAPL) executive Jonathan Rubinstein to its board.

Rubinstein, 57, has more than 30 years of experience in the mobile, computing and consumer-electronics industries, San Diego-based Qualcomm said today in a statement.

Rubinstein was senior vice president for product innovation at Hewlett-Packard until January 2012. He served as chairman and chief executive officer of mobile-computing company Palm Inc., which was acquired by Hewlett-Packard in 2010. At Apple, Rubinstein contributed to the creation of the iPod and overhauled the company’s engineering teams and product plans leading up to the introduction of the iMac computer.

Qualcomm, whose chips dominate the mobile-phone market, is trying to move into tablet and computer chips, putting it into competition with Intel Corp. (INTC), the world’s largest semiconductor maker. Rubinstein will become the 12th board member at Qualcomm, where Chief Executive Officer Paul Jacobs also serves as chairman.

Qualcomm shares rose less than 1 percent to $63.86 at the close in New York. They have gained 3.2 percent this year.

To contact the reporter on this story: Ian King in San Francisco at ianking@bloomberg.net

To contact the editor responsible for this story: Jillian Ward at jward56@bloomberg.net

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