He leaves, shares jump.
Shares of Qualcomm Inc. QCOM, +0.81% are up 0.8% in Friday morning trading after the company announced that Paul Jacobs would be stepping down as executive chairman.
https://www.marketwatch.com/story/qualcomm-stock-rises-after-company-says-paul-jacobs-to-step-down-from-executive-chairman-role-2018-03-09