Last month, Len Lauer stepped down as COO of Qualcomm to be CEO of an unnamed company. It turns out it’s Memjet of San Diego.
Given the big risks I see with the Memjet strategy, I’m not sure I understand his decision. Is it a great opportunity? Is it a chance to become CEO when getting the top job at Qualcomm is not in the cards? Was it looking for the best opportunity available in San Diego?
Only time will tell, I guess.