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Gil Amelio

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Gil Amelio
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New York City, New York (state)>New York, United States| occupation = Computer Science, BusinessmanAmericans>American| known_for = CEO of National Semiconductor and Apple Inc.}}Gilbert Frank Amelio (born March 1, 1943) is an American technology executive. Amelio worked at Bell Labs, Fairchild Semiconductor, and the semiconductor division of Rockwell International but is best remembered as a CEO of National Semiconductor and Apple Inc.

Early life and career

Amelio grew up in Miami, Florida, of Italian born parents, and graduated from Miami High School.BOOK, Howard Kleinberg, The Stingaree Century, 2003, (self published), 0974158909, 141, He received a bachelor's degree, master's degree, and Ph.D. in physics from the Georgia Institute of Technology. While at Georgia Tech, Amelio was a member of the Pi Kappa Alpha Fraternity.Amelio joined Bell Labs as a researcher in 1968.WEB, Interview with Gil Amelio, March 24, 2000, Silicon Genesis, Stanford University,weblink October 25, 2013, In 1970, Amelio was on the team that demonstrated the first working charge-coupled device (CCD).JOURNAL, Applied Physics Letters, 10.1063/1.1653327, Charge Coupled 8-bit Shift Register, M. F. Tompsett, G. F. Amelio, G. E. Smith, 17, 111–115, August 1, 1970, 1970ApPhL..17..111T, He moved to Fairchild Semiconductor in 1971, where he led the development of the first commercial CCD image sensors in the early 1970s,JOURNAL, Gilbert F. Amelio, February 1974, Charge-Coupled Devices, Scientific American, 230, 2,weblink and in 1977 became head of the MOS division.He worked his way up to president of the semiconductor division of Rockwell International, and then its communications systems division.WEB, Annual Report for the fiscal year ended May 28, 1995, Form 10-K, National Semiconductor, July 20, 1995, US Securities and Exchange Commission,weblink October 25, 2013, Amelio joined National Semiconductor as president and chief executive in February 1991.

Apple Computer

In 1994 Amelio joined the board of directors of Apple. After his resignation from National Semiconductor, Amelio became Apple CEO on February 2, 1996, succeeding Michael Spindler. His salary was a reported $990,000 plus bonuses and a $5 million loan.WEB, 1996, Gil Amelio's Insanely Great Paycheck, Peter Burrows,weblink He also received approximately $100,000 for the use of his business jet by Apple the previous year according to the section "Certain Transactions" in the Apple Proxy Statement for 1996.WEB, 1997, SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934,weblink Amelio cited several problems at Apple including a shortage of cash and liquidity, low-quality products, lack of a viable operating system strategy, undisciplined corporate culture, and fragmentation in trying to do too much and in too many directions. To address these problems Amelio cut costs, reduced Apple's work force by one third, discontinued the Copland operating system project, and oversaw the development of Mac OS 8.To replace Copland and fulfill the need for a next generation operating system Amelio started negotiations to buy BeOS from Be Inc. but negotiations stalled when Be CEO Jean-Louis Gassée demanded $275 million; Apple was unwilling to offer more than $200 million. In November 1996 Amelio started discussions with Steve Jobs's NeXT, and bought the company on February 4, 1997, for $429 million.During Amelio's tenure Apple's stock continued to slump and hit a 12-year low in Q2 1997 that was at least partially caused by a single sale of 1.5 million shares of Apple stock on June 26 by an anonymous party who was later confirmed to be Steve Jobs.WEB, Swartz, Jon, Steve Jobs Confirms Apple Stock Sale,weblink San Francisco Chronicle, August 12, 1997, October 6, 2011, Apple lost another $708 million. On the July 4, 1997 weekend, Jobs convinced the directors to oust Amelio in a boardroom coup; Amelio submitted his resignation less than a week later; and Jobs then became interim CEO on September 16. In a 2007 interview with technology journalist Gina Smith, Jobs quoted Amelio as having a saying:Apple is like a ship with a hole in the bottom, leaking water, and my job is to get the ship pointed in the right direction.Steve Jobs by Walter Isaacson. {{ISBN|978-1-4516-4853-9}}.VIDEO
, Kara Swisher, Steve Jobs, Bill Gates
, May 30, 2007
, Steve Jobs and Bill Gates Together: Part 2, All Things Digital 5
,weblink
, video
, The Wall Street Journal
, February 15, 2010
, 5:20
, WEB, Sloan, Paul, Perspective: Yahoo's Turnaround Efforts Are Straight from Steve Jobs' Playbook (quoting Larry Ellison),weblink CBS News, November 17, 2009, August 23, 2012, It was reported that Amelio's contract gave him about $3.5 million in severance pay, after a $2.3 million performance bonus in 1996.NEWS, Amelio's golden handshake, CNet News, July 9, 1997,weblink October 25, 2013,

Post-Apple career

Since 1998 Amelio has been a venture capitalist. In February 2001, Amelio became CEO of Advanced Communications Technologies (ADC). ADC is the United States arm of an Australian firm that has developed a product for the wireless communications industry called SpectruCell.WEB,weblink Former Apple CEO Gil Amelio Lands A New CEO Job, The Mac Observer, Bryan, Chaffin, February 6, 2001, He became senior partner at Sienna Ventures in Sausalito, California in May 2001.NEWS, Ex-Apple CEO Amelio to join Sienna, Dawn Kawamoto, CNet News, May 10, 2001,weblink October 25, 2013, In 2005 he co-founded Acquicor with ex-Apple CTO Ellen Hancock and Apple co-founder Steve Wozniak.NEWS, Acquicor Tech Enjoys Apple's Halo, Kevin Kelleher, March 20, 2006, The Street,weblink October 16, 2017, mdy-all, NEWS, Amelio And Wozniak Seek A "Blank Check'; Ex-Apple Execs Surface; Ellen Hancock also part of an acquisition-minded outfit doing unusual IPO, Reinhardt Krause, Investors Daily, March 6, 2006,weblink no,weblink" title="web.archive.org/web/20131025171554weblink">weblink October 25, 2013, October 25, 2013, NEWS, Ex-Apple execs form 'blank check' company, Mark LaPedus, March 15, 2006, EE Times,weblink October 25, 2013, Acquicor acquired Jazz Semiconductor in early 2007, and sold it in 2008 for a loss.NEWS, Tower Semi to Buy Jazz, Laying a Troubled SPAC to Rest, Eric Savitz, Seeking Alpha, May 20, 2008,weblink October 25, 2013, NEWS, Tower Semiconductor Completes Merger with Jazz Technologies, Press release, September 19, 2008,weblink October 25, 2013, NEWS, Tower completes Jazz acquisition, Semiconductor Today, September 22, 2008,weblink October 23, 2013, Amelio was a director and chairman of the Semiconductor Industry Association. Since 1996 he has been an advisor to the Malaysia Multimedia Super Corridor and to Malaysia's Prime Minister. Amelio was director of AT&T Inc., Pacific Telesis, Chiron Corporation, Sematech, the Georgia Tech Advisory Board (as chairman) and the American Film Institute. In June 2003 he was named chairman of the board of Ripcord Networks; where he joined Steve Wozniak, Ellen Hancock, and other Apple alumni.{{citation needed|date=June 2012}} In October 2005 Amelio joined the board of advisors to Vanguard PAC (now TheVanguard.Org).WEB,weblink Board of Advisors â€“ Dr. Gil Amelio, thevanguard.org, 17 June 2012, yes,weblink" title="web.archive.org/web/20120205013619weblink">weblink February 5, 2012, mdy, Amelio is also a member of the Board of Directors of InterDigital, a wireless R&D company. Gil Amelio is on the advisory board of tech start-up Intelicloud.WEB,weblink InteliCloud Welcomes Gil Amelio to Advisory Board, 18 November 2009, 17 June 2012, He was a contributor to the report An American Imperative (1993)weblink and author of the books Profit from Experience (1995, {{ISBN|978-0471287049}}) and On the Firing Line: My 500 Days at Apple (1998, {{ISBN|978-0887309199}}).

Awards and Honors

Amelio is an IEEE Fellowweblink He received the IEEE Masaru Ibuka Consumer Electronics Award in 1991 for contributions to the development of the charge-coupled device image (CCD) sensors in consumer video cameras. He has been awarded 16 patents.{{citation needed|date=June 2012}}

References

{{reflist}}

External links

{{Apple Inc.}}{{AT&T}}{{Apple celeb}}{{Authority control}}

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