Business Context and Reporting Period
This Form 8-K Current Report was filed by QUALCOMM Incorporated on December 10, 2025. The filing addresses a corporate governance event regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a personnel announcement and does not contain financial performance data.
Material Changes
The material change disclosed is the departure of a director:
- Kornelis (Neil) Smit, a member of the Board of Directors, informed the Board on December 10, 2025, that he will retire effective as of the Company's 2026 Annual Meeting of Stockholders.
- Mr. Smit is concluding nearly 8 years of service on the Board.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on operations, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Confirm the date of the 2026 Annual Meeting of Stockholders to determine the exact effective date of Mr. Smit's retirement.
- Verify if the Board has initiated a search for a replacement director to fill the vacancy.
- Review the composition of the Board's committees to assess if Mr. Smit's departure impacts any specific committee leadership.