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Rick Valencia

Rick Valencia

President Qualcomm & General Manager, Qualcomm Life, Qualcomm Life

Rick has more than 25 years of entrepreneurial innovation and executive leadership experience in rapid-growth, technology-enabled businesses along with a proven track record in market disruption, strategy execution and value creation. As the founder and leader of Qualcommโ€™s health care subsidiary, Qualcomm Life, he directs all of Qualcommโ€™s commercial healthcare activities. Rick also has a hand in driving wireless health innovation outside the company through his involvement in the World Economic Forum as the co-chair of the Value in Health Initiative, his oversight of the $10M Qualcomm Tricorder XPrize competition and his oversight of both the $100 million Qualcomm Life Fund and the $100 million dRx Capital which make venture investments in digital health startups.

Earlier in Rickโ€™s career, as founder and CEO of ProfitLine, he cultivated his business savvy building the company from a one-man consulting firm into a 200 person, multi-million dollar enterprise that is now the West Coast arm of Tangoe Inc. (TNGO). As Rick built the company, ProfitLine was one of Inc. 500โ€™s fastest growing companies in America three years in a row, on Deloitte & Toucheโ€™s Fast 50 companies four years in a row and he was awarded the Ernst & Young Entrepreneur of the Year award.

Rick is a native San Diegan, committed to the community. He uses his business building know-how to help fellow entrepreneurs launch enduring technology companies as a mentor at the Founder Institute and a member of the Executive Committee of the San Diego MIT Enterprise Forum. He is a board member of Pedal the Cause, a cancer research fundraising organization, a former chairman and long-time board member of Big Brothers Big Sisters of San Diego County and actively supports Rady Childrenโ€™s Hospital and the Pediatric Diabetes Research Center at UCSD.

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