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The San Diego-based company said Altman, who served as Qualcomm president for six years, would continue as a member of the company's executive committee and provide direction on key initiatives as well as on overall vision and strategy. As well as taking on company operations, Mollenkopf, will keep his role as president of Qualcomm CDMA Technologies (QCT), the company's chip business. Mollenkopf and Altman will report directly to Chief Executive Paul Jacobs. Qualcomm also promoted Derek Aberle to executive vice president & group president in addition to his job as president of Qualcomm Technology Licensing (QTL), which sells technology licenses. Aberle will oversee Qualcomm's services businesses and marketing and will report to Mollenkopf, the company said. Qualcomm said the job changes would take effect November 12. Its shares were down 81 cents or 1.7 percent at $46.83 in morning trading on Nasdaq. (Reporting by Sinead Carew; editing by Maureen Bavdek) Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) 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