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chief executive

February 14, 2011

John Elkann, head of family-controlled Fiat, has taken over as chief executive of the family’s investment company Exor, adding to his current role of chairman.

John Elkann, head of family-controlled Fiat, has taken over as chief executive of the family’s investment company Exor, adding to his current role of chairman.

In a statement, the Turin-based investment company said that besides Elkann’s appointment as chief executive, it had also appointed its first chief investment officer. Tobias Brown, former investment officer for late billionaire Sir James Goldsmith, is to take over Exor’s worldwide investment activities.

January 6, 2011

Family-managed technology and communication company Qualcomm announced on 5 January that it plans to acquire Atheros Communications for $3.1 billion in cash.

Family-managed technology and communication company Qualcomm announced on 5 January that it plans to acquire Atheros Communications for $3.1 billion in cash.

The deal, made with the intention of expanding Qualcomm's technologies to new business areas, is the company's largest acquisition to date. It would provide Qualcomm with access to growth opportunities beyond its traditional cellular markets.

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