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Irwin Jacobs set to retire from Qualcomm

Qualcomm (QCOM) is set to lose one of its co-founders to retirement as the company announced Irwin Jacobs would retire from its board of directors at Qualcomm’s 2012 annual stockholder meeting.

Jacobs served as Qualcomm’s initial CEO and chairman at its founding in 1985, holding the CEO position for 20 years and as chairman until 2009. Irwin’s son Paul succeeded him as CEO in 2005, a position he continues to hold, and as chairman in 2009.

Among his many accolades, Irwin Jacobs was named RCR Wireless News’ Person of the Year in 1996 and has been inducted into the Wireless History Foundation’s Wireless Hall of Fame in 2000.

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