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Craig Barrett (Intel Chairman)
Encyclopedia
Craig R. Barrett is an American business executive who served as the chairman of the board
of the Intel Corporation
until May 2009. He became CEO of Intel in 1998, a position he held for seven years. After retiring from Intel, Barrett joined the faculty at Thunderbird School of Global Management
in Glendale, Arizona.
of Intel starting in 1997 and its chief executive officer
from 1998 to 2005. He successfully led the corporation through some of its worst times, including the burst of the dot-com bubble
and a severe recession
.
He was appointed as a member of the Hong Kong Chief Executive's Council of International Advisers
in the years of 1998–2005. He joined the board of trustees of the Society for Science & the Public
in 2010. In 2010, he also became the co-chair of the Skolkovo innovation center in Russia.
Now, he serves as president and chairman of BASIS School Inc., a charter school group.
from 1957 to 1964, and received a Ph.D.
in Materials Science
. During his time at Stanford he joined the Kappa Sigma
fraternity. After graduation, he joined the Stanford University Department of Materials Science and Engineering, and remained there until 1974. Barrett was NATO Postdoctoral Fellow at the National Physical Laboratory
in the United Kingdom from 1964 to 1965. He was also a Fulbright Fellow to the Technical University of Denmark
in 1972, working with Professor Rodney Cotterill
.
Seemingly as a testament to his career in higher education, Barrett and his wife Barbara gave a $10 million endowment to Arizona State University
in 2000, resulting in the institution naming their Honors College
after the couple.
. He is the author of over forty technical papers dealing with the influence of microstructure on the properties of materials, and wrote a textbook on materials science, The Principles of Engineering Materials, which remains in use today.
On January 31, 2006, Barrett and his wife were awarded the Woodrow Wilson Award for Corporate Citizenship by the Woodrow Wilson International Center for Scholars
.
Barrett holds a Datukship (an honorary Malaysian title akin to a knighthood), which allows him to be addressed Datuk Dr. Craig Barrett in Malaysia.
On June 3, 2008, he received the title of Doctor of the Novosibirsk University during a ceremony in Akademgorodok
, for the cooperation between Intel and the university. With this title he received a golden badge of the Siberian branch of the Russian Academy of Sciences (the Sigma letter).
Om June 28th, 2009, he was announced the Laureate of 2009 Global Award of the President of the Republic of Armenia
for Outstanding Contribution to Humanity through IT.
of the corporation in 1984, to senior vice president in 1987, and executive vice president in 1990. Barrett was elected to Intel's board of directors
in 1992 and was named the company's chief operating officer
in 1993. He became Intel's fourth president in May 1997, and chief executive officer in 1998. He became chairman of the board in May 2005, when he was succeeded as CEO by Paul Otellini
. In January 2009, he announced that he would be stepping down as chairman and member of the board at the annual stockholders' meeting in May 2009.
Barret is married to Barbara McConnell Barrett
, who was the United States Ambassador to Finland
2008–09.
Chairman of the Board
The Chairman of the Board is a seat of office in an organization, especially of corporations.Chairman of the Board may also refer to:*Chairman of the Board , a 1998 film*Chairmen of the Board , a 1970s American soul music group...
of the Intel Corporation
Intel Corporation
Intel Corporation is an American multinational semiconductor chip maker corporation headquartered in Santa Clara, California, United States and the world's largest semiconductor chip maker, based on revenue. It is the inventor of the x86 series of microprocessors, the processors found in most...
until May 2009. He became CEO of Intel in 1998, a position he held for seven years. After retiring from Intel, Barrett joined the faculty at Thunderbird School of Global Management
Thunderbird School of Global Management
Thunderbird School of Global Management is a private business school whose main campus is located in Glendale, Arizona. Founded in 1946 by retired U.S...
in Glendale, Arizona.
Career
Barrett served as the presidentPresident
A president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...
of Intel starting in 1997 and its chief executive officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
from 1998 to 2005. He successfully led the corporation through some of its worst times, including the burst of the dot-com bubble
Dot-com bubble
The dot-com bubble was a speculative bubble covering roughly 1995–2000 during which stock markets in industrialized nations saw their equity value rise rapidly from growth in the more...
and a severe recession
Recession
In economics, a recession is a business cycle contraction, a general slowdown in economic activity. During recessions, many macroeconomic indicators vary in a similar way...
.
He was appointed as a member of the Hong Kong Chief Executive's Council of International Advisers
Chief Executive of Hong Kong
The Chief Executive of Hong Kong is the President of the Executive Council of Hong Kong and head of the Government of the Hong Kong Special Administrative Region. The position was created to replace the Governor of Hong Kong, who was the head of the Hong Kong government during British rule...
in the years of 1998–2005. He joined the board of trustees of the Society for Science & the Public
Society for Science & the Public
Society for Science & the Public , formerly known as Science Service, is a 5013 non-profit organization dedicated to the promotion of science, through its science education programs and publications, including the weekly Science News magazine.Headquartered in Washington, D.C., the organization...
in 2010. In 2010, he also became the co-chair of the Skolkovo innovation center in Russia.
Now, he serves as president and chairman of BASIS School Inc., a charter school group.
Education
Barrett attended Stanford UniversityStanford University
The Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private research university on an campus located near Palo Alto, California. It is situated in the northwestern Santa Clara Valley on the San Francisco Peninsula, approximately northwest of San...
from 1957 to 1964, and received a Ph.D.
Doctor of Philosophy
Doctor of Philosophy, abbreviated as Ph.D., PhD, D.Phil., or DPhil , in English-speaking countries, is a postgraduate academic degree awarded by universities...
in Materials Science
Materials science
Materials science is an interdisciplinary field applying the properties of matter to various areas of science and engineering. This scientific field investigates the relationship between the structure of materials at atomic or molecular scales and their macroscopic properties. It incorporates...
. During his time at Stanford he joined the Kappa Sigma
Kappa Sigma
Kappa Sigma , commonly nicknamed Kappa Sig, is an international fraternity with currently 282 active chapters and colonies in North America. Kappa Sigma has initiated more than 240,000 men on college campuses throughout the United States and Canada. Today, the Fraternity has over 175,000 living...
fraternity. After graduation, he joined the Stanford University Department of Materials Science and Engineering, and remained there until 1974. Barrett was NATO Postdoctoral Fellow at the National Physical Laboratory
National Physical Laboratory, UK
The National Physical Laboratory is the national measurement standards laboratory for the United Kingdom, based at Bushy Park in Teddington, London, England. It is the largest applied physics organisation in the UK.-Description:...
in the United Kingdom from 1964 to 1965. He was also a Fulbright Fellow to the Technical University of Denmark
Technical University of Denmark
The Technical University of Denmark , often simply referred to as DTU, is a university just north of Copenhagen, Denmark. It was founded in 1829 at the initiative of Hans Christian Ørsted as Denmark's first polytechnic, and is today ranked among Europe's leading engineering institutions, and the...
in 1972, working with Professor Rodney Cotterill
Rodney Cotterill
Rodney Michael John Cotterill Order of the Dannebrog was an English-Danish physicist, and neuroscientist, who was educated at University College London , Yale and Cambridge University...
.
Seemingly as a testament to his career in higher education, Barrett and his wife Barbara gave a $10 million endowment to Arizona State University
Arizona State University
Arizona State University is a public research university located in the Phoenix Metropolitan Area of the State of Arizona...
in 2000, resulting in the institution naming their Honors College
Barrett, The Honors College
Barrett, The Honors College at Arizona State University is a program that provides over 2,700 students with a residential experience that is similar to that which one might find at a smaller college or university, while still giving access to the resources of a major research institution...
after the couple.
Awards and publications
In 1969, Barrett received the Robert Lansing Hardy Award of the Minerals, Metals & Materials Society, and remains a member of the National Academy of EngineeringNational Academy of Engineering
The National Academy of Engineering is a government-created non-profit institution in the United States, that was founded in 1964 under the same congressional act that led to the founding of the National Academy of Sciences...
. He is the author of over forty technical papers dealing with the influence of microstructure on the properties of materials, and wrote a textbook on materials science, The Principles of Engineering Materials, which remains in use today.
On January 31, 2006, Barrett and his wife were awarded the Woodrow Wilson Award for Corporate Citizenship by the Woodrow Wilson International Center for Scholars
Woodrow Wilson International Center for Scholars
The Woodrow Wilson International Center for Scholars , located in Washington, D.C., is a United States Presidential Memorial that was established as part of the Smithsonian Institution by an act of Congress in 1968...
.
Barrett holds a Datukship (an honorary Malaysian title akin to a knighthood), which allows him to be addressed Datuk Dr. Craig Barrett in Malaysia.
On June 3, 2008, he received the title of Doctor of the Novosibirsk University during a ceremony in Akademgorodok
Akademgorodok
Akademgorodok , is a part of the Russian city Novosibirsk, located 20 km south of the city center. It is the educational and scientific centre of Siberia...
, for the cooperation between Intel and the university. With this title he received a golden badge of the Siberian branch of the Russian Academy of Sciences (the Sigma letter).
Om June 28th, 2009, he was announced the Laureate of 2009 Global Award of the President of the Republic of Armenia
Armenia
Armenia , officially the Republic of Armenia , is a landlocked mountainous country in the Caucasus region of Eurasia...
for Outstanding Contribution to Humanity through IT.
Employment at Intel Corporation
Barrett was employed by Intel Corporation in 1974 as a manager. He was promoted to vice presidentVice president
A vice president is an officer in government or business who is below a president in rank. The name comes from the Latin vice meaning 'in place of'. In some countries, the vice president is called the deputy president...
of the corporation in 1984, to senior vice president in 1987, and executive vice president in 1990. Barrett was elected to Intel's board of directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
in 1992 and was named the company's chief operating officer
Chief operating officer
A Chief Operating Officer or Director of Operations can be one of the highest-ranking executives in an organization and comprises part of the "C-Suite"...
in 1993. He became Intel's fourth president in May 1997, and chief executive officer in 1998. He became chairman of the board in May 2005, when he was succeeded as CEO by Paul Otellini
Paul Otellini
Paul S. Otellini is an American businessman current president and chief executive of Intel. He is also on the board of directors of Google.- Early life and Education :...
. In January 2009, he announced that he would be stepping down as chairman and member of the board at the annual stockholders' meeting in May 2009.
Family
Barbara Barrett
Barbara Barrett is President and CEO of Triple Creek Guest Ranch, a Montana Hideaway.Until January 2009, Barrett was U.S. Ambassador to Finland. Prior to Finland she served on the corporate boards of Raytheon, Exponent and The Mayo Clinic, and was a Trustee of Aerospace Corporation and Thunderbird...
, who was the United States Ambassador to Finland
United States Ambassador to Finland
This is a list of Ambassadors of the United States to Finland.Until 1917 Finland had been a subject of Russia as the Grand Duchy of Finland. As a result of the Bolshevist October Revolution in Russia, Finland declared its independence on December 6, 1917. On December 22 This is a list of...
2008–09.
External links
- Intel website biography – background information
- 'On the Record: Craig Barrett' – Retirement interview, in SFGate.com
- 2006 Congressional testimony on U.S. International Business Tax polcy