Cristiano Amon

{{Short description|Electronics engineer}}

{{Use dmy dates|date= April 2023}}

{{Infobox person

| name = Cristiano R. Amon

| image = Cristiano Amon Web Summit 2024 (cropped).jpg

| caption = Amon in 2024

| birth_name =

| birth_date = {{circa|1970}}

| birth_place = Campinas, Brazil

| death_date =

| death_place =

| education = Universidade Estadual de Campinas

| occupation = Electronics engineer and businessman

| known for =

| title = CEO, Qualcomm

| term =

| predecessor = Steve Mollenkopf

| successor =

| boards =

| spouse =

| partner =

| children =

| parents =

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| website =

}}

Cristiano Amon (born {{circa|1970}}) is a Brazilian electrical engineer and businessman. He is the chief executive officer (CEO) and president of Qualcomm, a semiconductor research and development company. He earned a degree in electrical engineering. He began his career working on wireless technology for early cell phone networks. He oversaw Qualcomm's 4G{{cite news|title=Talking Snapdragon: An Interview with Cristano Amon, President of Qualcomm|first=Ian|last=Cutress|date=December 14, 2018|url=https://www.anandtech.com/show/13703/talking-snapdragon-an-interview-with-cristano-amon-president-of-qualcomm |publisher=AnAndTech|accessdate=January 31, 2021}} and 5G technology, used in most Android devices. He also played a role in Qualcomm's diversification beyond the cell phone industry and negotiated for more processors from suppliers during shortages caused by the COVID-19 pandemic.{{cite web | title=Qualcomm's Cristiano Amon: 'You have to bet the company' | website=Financial Times | date=January 23, 2022 | url=https://www.ft.com/content/0bf28f3c-e526-4592-ab0c-a13d4ba61d86 | access-date=January 31, 2022}}

Member of Technology CEO Council.{{Cite web |title=Meet the Council |url=https://www.techceocouncil.org/about/meet_the_council/ |website=techceocouncil.org |access-date=13 January 2024}}

Member of US-China Business Council{{Cite web |title=third and--- |url=https://www.uschina.org/about/board-of-directors}}

He is a member of the President's Export Council."President's Export Council Members". International Trade Administration. 2024. Retrieved March 8, 2024.

Early life and education

Amon was born in Brazil in {{circa|1970}}{{cite news | last=Fitch | first=Asa | title=How Qualcomm's President Changes His Perspective | newspaper=WSJ | date=September 7, 2019 | url=https://www.wsj.com/articles/how-qualcomms-president-changes-his-perspective-11567828802 | access-date=October 2, 2021}}

He grew up in Campinas, state of São Paulo, Brazil. His father was an electrical engineer. Son Cristiano chose to study electrical engineering at the Universidade Estadual de Campinas as well. Early on, he developed an interest in radio communications.{{cite web | title=Qualcomm's new CEO Cristiano Amon: Everything you need to know | first=Aaron |last=Pressman|website=Fortune | date=January 6, 2021 | url=https://fortune.com/2021/01/06/qualcomm-new-ceo-cristiano-amon/| access-date=October 2, 2021}} He earned a bachelor's degree in electrical engineering at that university in 1992. At the time, the first generation of cellular radio (1G) was in use.{{cite web | last=Freeman | first=Mike | title=Qualcomm's Cristiano Amon named corporate president | website=San Diego Union-Tribune | date=December 27, 2017 | url=https://www.sandiegouniontribune.com/business/technology/sd-fi-qualcomm-amon-20171227-story.html | access-date=October 2, 2021}}{{cite web | last=Freeman | first=Mike | title=Where does Qualcomm's next CEO fit into the ongoing evolution of the chipmaker? | website=San Diego Union-Tribune | date=April 17, 2021 | url=https://www.sandiegouniontribune.com/business/story/2021-04-17/qualcomms-incoming-ceo-elect-cristiano-amon-prepares-to-take-helm | access-date=October 2, 2021}}

Career

= Early career =

Amon started his career working for telecommunications companies during the early development of cell phone networks. His first position out of college was with NEC's Brazilian arm. For that position, he moved to Tokyo, Japan, and frequently travelled to San Diego, California, to meet with Qualcomm. In 1996, Amon was hired by Qualcomm to help the company expand in Latin America.

A few years later, Amon left Qualcomm. He worked for Ericsson for a short while, then joined VeloCom, an investment firm focused on the telecommunications industry. While there, he was assigned to work at Vésper, a struggling telecom company that was nearing bankruptcy. Amon worked for the Brazilian telecom company as its chief technology officer and chief operating officer until it was profitable. Then, Vésper was sold to competitor Embratel in 2003.

= Qualcomm =

In 2004, he joined Qualcomm again.

Alan H. Fleischmann: [https://www.leadershipmattersshow.com/episodes/cristiano-amon Cristiano Amon.] Leadership Matters, 23 August 2022. Retrieved 1 November 2022. He received several promotions over the years, working as SVP of product management, EVP of Qualcomm Technologies, and President of Qualcomm's CDMA division.Patrick Moorhead: [https://www.forbes.com/sites/patrickmoorhead/2021/07/09/new-qualcomm-ceo-cristiano-amon-on-the-future-of-qualcomm-tech-and-5g/ Qualcomm CEO Cristiano Amon on the Future of Qualcomm Tech and 5G.] Forbes, 9 July 2021. Retrieved 1 November 2022.

Amon was an important figure in the development of Qualcomm's 4G technology and the growth of Qualcomm's Snapdragon semiconductors. He also expanded Qualcomm's sales with smartphone manufacturers in China. Amon oversaw Qualcomm's expansion outside of cell phones into semiconductors used in cars, computers, 5G infrastructure, robots, industrial applications, virtual reality devices, and other electronic devices.

During Steven Mollenkopf's tenure as CEO of Qualcomm, Amon was responsible for Qualcomm's 5G strategy. He was responsible for improvements in Qualcomm's radio processors that are partially responsible for Qualcomm's market-share in 5G devices. Amon was appointed President of Qualcomm in 2018 by then-CEO Mollenkopf. He led a $1.4 billion acquisition of a company founded by former Apple executives called Nuvia and re-focused it on CPUs for consumer products, instead of data centers.

==CEO==

In June 2021, he was promoted to the top position as CEO of the entire company.Aaron Pressman: [https://fortune.com/2021/01/06/qualcomm-new-ceo-cristiano-amon/ Who is Cristiano Amon, Qualcomm’s new CEO?] Fortune, 6 January 2021. Retrieved 1 February 2022.[https://www.qualcomm.com/company/about/leadership/cristiano-amon Leadership: Cristiano Amon.] qualcomm.com. Retrieved 31 January 2022 This was consistent with Qualcomm's history of appointing engineers to the CEO position.{{cite web | last=Tibken | first=Shara | title=Qualcomm CEO to retire after 26 years at company | website=CNET | date=January 5, 2021 | url=https://www.cnet.com/tech/mobile/qualcomm-ceo-transition-cristiano-amon-to-take-over-for-steve-mollenkopf/ | access-date=October 2, 2021}} His predecessors were Irwin M. Jacobs (co-founder), Paul E. Jacobs and Steven Mollenkopf. A first challenge for him in his new position was to alleviate the shortage of integrated circuits for the customers of Qualcomm.Patrick McGee: [https://www.ft.com/content/0bf28f3c-e526-4592-ab0c-a13d4ba61d86 Qualcomm’s Cristiano Amon: You have to bet the company.] Financial Times (ft.com), 23 January 2022. Retrieved 31 January 2022[https://www.wsj.com/articles/were-in-a-hurry-a-new-ceo-scrambles-to-cope-with-a-global-chip-crisis-11633701630 A new CEO scrambles to cope with the global chip crisis.] Wall Street Journal, 8 October 2021. Retrieved 1 February 2022. Shortly after Amon was appointed to the CEO position, the COVID-19 pandemic caused supply shortages for the processors used in Qualcomm's chips. Amon secured a competitive advantage for Qualcomm by successfully negotiating for more processors than competitors were able to get from suppliers. Amon indicated his goals to expand in the fields around augmented reality, virtual reality and automotive technology.Wade Tyler Millward: [https://www.crn.com/slide-shows/mobility/ces-2022-qualcomm-ceo-cristiano-amon-s-10-boldest-statements CES 2022: Qualcomm CEO Cristiano Amon’s 10 Boldest Statements.] crn.com, 5 January 2022. Retrieved 1 February 2022.{{usurped|1=[https://web.archive.org/web/20230327092215/https://orbitalenhancements.com/ceo-cristiano-amon-qualcomm-veoneerfitch-wall/ INTERVIEW WITH QUALCOMM’S NEW CEO CRISTIANO AMON.]}} orbitalenhancements.com. Retrieved 13 April 2023.

In 2023, Amon's total compensation from Qualcomm was $23.5 million, representing a CEO-to-median worker pay ratio of 223-to-1.{{Cite web |last=Anderson |first=Mae |last2=Harloff |first2=Paul |last3=Ortutay |first3=Barbara |date=2024-06-03 |title=CEOs made nearly 200 times what their workers got paid last year |url=https://apnews.com/article/ceo-pay-compensation-ratio-workers-fa25db3338b68ad9eb395dfd46190383 |url-status=live |archive-url=https://web.archive.org/web/20240903140837/https://apnews.com/article/ceo-pay-compensation-ratio-workers-fa25db3338b68ad9eb395dfd46190383 |archive-date=2024-09-03 |access-date=2024-09-04 |website=AP News}}

Affiliations

2022: Chairman, Semiconductor Industry Association.[https://www.marketscreener.com/quote/stock/SILICON-LABORATORIES-INC-10847/news/Qualcomm-CEO-Cristiano-Amon-Elected-Chair-of-Semiconductor-Industry-Association-37075947/ Cristiano Amon Elected Chair of Semiconductor Industry Association.] marketscreener.com, 18. November 2021. Retrieved 31 January 2022

Honours

  • Honorary doctorate from his alma mater UNICAMP (Universidade Estadual de Campinas), São Paulo.[https://www.unicamp.br/unicamp/noticias/2019/11/26/cristiano-amon-recebe-titulo-de-doutor-honoris-causa-pela-unicamp Honorary Degree] from University Of Campinas, UNICAMP, in November 2019.

References