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Qualcomm's new era begins: 20th anniversary Bash Heralds July 1 Jacobs family transition.

Publication: San Diego Business Journal
Publication Date: 27-JUN-05 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Qualcomm's new era begins: 20th anniversary Bash Heralds July 1 Jacobs family transition.(Paul Jacobs)

Article Excerpt
Paul Jacobs isn't afraid of a little humor at his own expense.

Looking back to the day the board of Qualeomm Inc. named him chief executive of his father's telecommunications company, Jacobs offered several hundred people at a recent San Diego Telecom Council gathering his most vivid memory of that meeting.

The board had just made its decision. One of the directors, retired Air Force Gen. Brent Scowcroft, who had been a counselor to U.S. presidents, approached the youthful looking Jacobs, patted him on the back and softly delivered four words.

"Don't screw this up."

The way Jacobs tells it, the line was delivered lightly--but with a little bit of a sting. Jacobs put a flabbergasted look on his face,...

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