Raymond S. Stata
Raymond S. Stata's contributions to the electronics industry encompass technological innovation, forward-looking management, entrepreneurship and education. One of the founders of Analog Devices, Inc. (ADI) in 1965, Mr. Stata served as president of the company from 1971-1991 and as CEO from 1973-1996. He has served as chairman of the Board since 1973.
Responding to industrial shifts, Mr. Stata guided ADI through a number of critical transformations-changing from a producer of modules of discrete components in the 1960s to a market leading provider of high-performance analog, mixed-signal and digital signal processing integrated circuits. Mr. Stata has shared his knowledge of business and management practices with other companies worldwide through the Center for Quality Management, which, together with Professors Thomas Lee and Shoji Shiba from the Massachusetts Institute of Technology (MIT), he founded in 1989. He has served on the Executive Committee of the Council on Competitiveness since 1987, with the aim of helping rehabilitate and foster the competitiveness of American industry in a changing global economic climate.
His work as co-founder and first president of the Massachusetts High Technology Council has spawned many initiatives, including the "Two Percent Solution" contribution program that encourages corporations to dedicate a portion of their research and development budgets to education.
Mr. Stata is a member of the U.S. National Academy of Engineering and the American Academy of Arts and Sciences, and a Foreign Fellow of the Indian National Academy of Engineering. He has been chairman of the Semiconductor Industry Association, member of the Board of Overseers of the Malcolm Baldrige National Quality Award, and currently serves as a member of the MIT Corporation. He is the co-author with James Botkin and Dan Dimancescu of two books, Global Stakes: The Future of High Technology in America and The Innovators: Rediscovering America's Creative Energy.
Mr. Stata won the 2003 IEEE Founders Medal "For leadership in the electronics industry through innovative technological development and visionary contributions in entrepreneurship, management and education."