Former ambassador to PRC to jump on Board at Qualcomm
Qualcomm has elected former ambassador to the People's Republic of China (2001-2009) Clark Randt to its Board of Directors.
Randt brings more than 30 years of experience as a diplomat, attorney and businessman who has a comprehensive understanding of Chinese industries and businesses, and he currently serves as the president of Randt & Company LLC.
"We are fortunate to welcome Ambassador Randt as a member of Qualcomm's Board of Directors," says Paul E. Jacobs, chairman and chief executive officer of Qualcomm. "As China remains a key emerging region, his extensive background in working with China's government and businesses will provide invaluable insight to Qualcomm's board as we look to further expand the Company's footprint in the country's rapidly growing and evolving wireless ecosystem."
Clark Randt's longstanding career has spanned a number of roles. In his current role, he provides strategy consulting services to clients that are developing business in China. From July 2001 to January 2009, Randt was U.S. Ambassador to the People's Republic of China where he worked on improving the political, economic and cultural relationship between the U.S. and China.
Prior to this, he was a partner at Shearman & Sterling where he served as head of China practices and was a member of the firm's mergers and acquisitions and corporate finance groups. While at Shearman & Sterling, he played a key role in direct investment in China by advising U.S. companies on how to invest in China and further helping Chinese firms to list on U.S.-based stock exchanges.
Randt previously held a number of additional government-affiliated positions, including: First Secretary and Commercial Attaché at the U.S. Embassy in Beijing; the China representative of the National Council for United States-China Trade; and served in the U.S. Air Force Security Service.
Clark Randt is now a Bar Associate member in New York and was previously a member of the Hong Kong Bar Association and a board member of Valmont Industries and United Parcel Service.
He earned a Bachelor of Arts degree from Yale University and received his law degree from the University of Michigan. He also attended Harvard Law School where he was awarded the East Asia Legal Studies Travelling Fellowship to China.
