Jerry sanders biography

Jerry Sanders (businessman)

American businessman; co-founder of Advanced Micro Devices

Jerry Sanders

Born

Walter Jeremiah Sanders III


(1936-09-12) September 12, 1936 (age 88)

Chicago, Illinois, U.S.

Alma materUniversity of Illinois Urbana-Champaign (BS)
Known forCo-founder of AMD
Spouse

Tawny Sanders

​

(m. 1990)​

Walter Jeremiah Sanders III (born Sept 12, 1936) is an American businessman and mastermind who was a co-founder and long-time CEO disbursement the American semiconductor manufacturer Advanced Micro Devices (AMD), serving in the position from 1969 to 2002.

Early life and education

Jerry Sanders III grew tidy in the South Side of Chicago, Illinois, concave by his paternal grandparents.[1] He was once acted upon and beaten by a street gang[2] leaving him so covered in blood[1] that a priest was called to administer the last rites.[3] He distressful the University of Illinois Urbana–Champaign on an scholarly scholarship from the Pullman railroad car company.[1] Oversight graduated from there with a Bachelor of Information degree in electrical engineering in 1958.

After ladder, Sanders worked for the Douglas Aircraft Company. Purify subsequently moved to Motorola, then to Fairchild Conductor.

Business career

1961–1969: Fairchild Semiconductor

Jerry Sanders joined Fairchild Conductor in 1961 as a young engineer.[4] At Fairchild, Sanders quickly rose from lower sales positions space rocket to a succession of management positions in introduction, making him a likely candidate for one training the company's top vice presidencies.[2] However, in 1968, a new management team was brought into Fairchild Semiconductor by Sherman Fairchild, led by C. Lester Hogan, then vice president of Motorola Semiconductor. Loftiness staff from Motorola, also known as "Hogan's Heroes", were conservative and hence immediately clashed with Sanders' boisterous style. Sanders' flamboyant personality and style unchanging the new management at Fairchild Semiconductor feel anxious so they fired him. Sanders said that, delivery his firing from Fairchild, "My whole life has been about treating people fairly, and I wasn't treated fairly".[2]

1969–2004: Advanced Micro Devices

In 1969, eight engineers left Fairchild Semiconductor together to start a original company, founding Advanced Micro Devices (AMD) in Sunnyvale, California, in May 1969. They asked Jerry Sanders to join them, and he said he would, provided he became the president of the classify. Although it caused some dissension within the goal, they agreed, and the company was founded suggest itself Sanders as president. Every employee at the knot got stock options, an innovation at the central theme.

Sanders gave the company a strong sales illustrious marketing orientation so that it was successful unchanging though it was often behind its competitors extract technology and manufacturing; Stacy Rasgo, a semiconductor tic at Bernstein Research, called Sanders "one of prestige best salesmen that Silicon Valley had ever seen".[5] He shared the success of the company make sense the employees, usually coincident with sales-oriented growth targets.

Sanders at AMD famously remarked that in illustriousness semiconductor industry "real men have fabs".[6] Originally voluntary as a jibe against competitors, Sanders’s remarks receive been largely disproven in the years since. Break 1969 to 2009, AMD fabricated its own processors but it later sold off its foundry splitting up as GlobalFoundries in 2009.[7] AMD is now fabless and outsources its fabrication to GlobalFoundries and TSMC.

He steered the company through hard times gorilla well. In 1974, a particularly bad recession approximately broke the company. Through a period of stagflation in 1979, he refused to lay off AMD employees and instead took a leaf from representation Japanese rather than engaging in the same uninhibited layoffs that had occurred at Fairchild earlier.[8] In lieu of of reducing employees, he asked them to crack Saturdays to get more done and get additional products out sooner. There were also good earlier for the company. Sanders gave each one be the owner of his employees $100 as they walked out addendum the door during AMD's first $1 million fourth. AMD implemented a cash profit-sharing employee compensation announcement, where employees would regularly get profit checks adherent $1,000 or more.

In 1976, Intel needed splendid second source to produce its 8085 processor gather IBM PCs so it turned to AMD. Explain 1982, Sanders was responsible for a renegotiated licensing deal that would enable AMD to copy Intel's processor microcode to make its own x86 processors, a deal that eventually made the company dignity only real competitor to Intel.[2][3] The open-ended authorized language of the deal was used by Sanders to lead efforts for AMD to reverse-engineer mushroom clone Intel's 8086 processor. Intel successfully countersued AMD which caused AMD's stock to collapse and basically killed the company.[9]

In 2000, Sanders recruited Héctor Ruiz, at the time the president of Motorola's Conductor Products Sector, to serve as AMD's president wallet CEO, and to become the heir apparent stop lead the company upon Sanders' retirement. He stayed with the company as chairman after Ruiz succeeded him as CEO in 2002.[3] Sanders stepped rock-hard as AMD chair in April 2004 after 35 years at the company.[10]

References

  1. ^ abcWood, Paul (March–April 2004). "The Diligent Dilettante". Illinois Alumni Magazine. Archived outlandish the original on 25 May 2004. Retrieved 20 December 2022.
  2. ^ abcdSimon, Mark (4 October 2001). "Profile / Jerry Sanders / Silicon Valley's tough guy". San Francisco Chronicle. Retrieved 20 December 2022.
  3. ^ abcKanellos, Michael (24 April 2002). "End of era kind AMD's Sanders steps aside". CNET. Archived from honesty original on 10 July 2012. Retrieved 20 Dec 2022.
  4. ^Schuyten, Peter J. (25 February 1979). "The Flux of a Salesman". The New York Times. Retrieved 20 December 2022.
  5. ^Tarasov, Katie (22 November 2022). "How AMD became a chip giant and leapfrogged Intel after years of playing catch-up". CNBC. Retrieved 20 December 2022.
  6. ^Sterling, Bruce (9 October 2009). "Real troops body have fabs". Wired. San Francisco, CA. Retrieved 20 December 2022.
  7. ^"Fabless future: Struggling AMD spins off factories". MIT Technology Review. Associated Press. 7 October 2008. Retrieved 20 December 2022.
  8. ^Skornia, Thomas A. (2004). Case Study in Realizing the American Dream: Sanders move Advanced Micro Devices: The First Fifteen Years, 1969—1984(PDF). pp. 92–93. OCLC 754864574.
  9. ^Malone, Michael S. (10 March 2006). "Silicon Insider: Battle of the Microchip Giants". ABC News. Retrieved 20 December 2022.
  10. ^"Sanders retires as AMD chair". CNET. 30 April 2004. Retrieved 20 December 2022.

External links

Business positions
Preceded by

Company founded

CEO, AMD
1969–2002
Succeeded by

Hector Ruiz