With the backing of Minneapolis financier Irwin Jacobs, McKinnis is producing the Wal-Mart FLW Tour.
Irwin Jacobs earned a doctorate and taught at the Massachusetts Institute of Technology before going into business.
Irwin Jacobs, 72, grew up in New Bedford, Mass. and earned his Ph.
Irwin Jacobs, 72, grew up in New Bedford, Massachusetts and earned his Ph.
In March 2012, Irwin Jacobs left the board of Qualcomm, ending his tenure at the wireless chip manufacturer he co-founded in 1985.
Short of immortality for Irwin Jacobs, Paul is as close as Qualcomm shareholders can get to having Irwin in the corner office.
In 2001 Irwin Jacobs named his son one of three Qualcomm presidents.
Thus Qualcomm was all but guaranteed a fair amount of success, for a while, no matter who eventually took over for Irwin Jacobs.
It will fund the creation of The Joan and Irwin Jacobs Technion-Cornell Innovation Institute, including helping support faculty and graduate students, among other initiatives.
FORBES: Qualcomm's Irwin Jacobs Is Fourth Billionaire In April To Announce $100 Million Plus Gift
Paul dealt with this in a crafty way:He invited spurned carriers, angry that they couldn't get enough phones, to complain directly to Irwin Jacobs, who soon caved in to the gripes and let Paul handle it.
Irwin Jacobs had run the publicly held company as his own one-man show, and it was all but foreordained from the moment Paul joined up in 1990 that one day Paul would take over when Irwin stepped down.
In March the board named Jacobs to run Qualcomm starting July 1, tacitly acknowledging his strongest asset:His father is Irwin Jacobs, the renowned and brilliant engineer who in 1985 founded Qualcomm, which invented a core wireless transmission scheme.
The big shock:Irwin Jacobs named his son, then age 32 and with all of five years of experience in the working world, to run the new venture, passing over Richard Kornfeld, a senior manager, who quit shortly afterward.
The gift from Qualcomm Inc. founding chairman and former CEO Irwin Jacobs will endow an innovation institute at the core of Cornell NYC Tech, an elite graduate program that's meant to link academia and entrepreneurship while helping make New York a high-tech hub.
Since Paul Jacobs became chief executive in July, Irwin has kept his distance.
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