Craig Barrett (businessman)
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Craig R. Barrett (born August 29, 1939) is an American
business executive A business executive is a person responsible for running an organization, although the exact nature of the role varies depending on the organization. Executives run companies or government agencies. They create plans to help their organizations gr ...
who served as the
chairman of the board The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a Board of directors, board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by ...
of
Intel Corporation Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. Intel designs, manufactures, and sells computer components such as central processing ...
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 Phoenix.


Career

In 1994, Barrett was elected a member of the
National Academy of Engineering The National Academy of Engineering (NAE) is an American Nonprofit organization, nonprofit, NGO, non-governmental organization. It is part of the National Academies of Sciences, Engineering, and Medicine (NASEM), along with the National Academ ...
for technical leadership in advancing quality and productivity through manufacturing technology in the semiconductor industry. 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. He serves as president and chairman of BASIS School Inc., a charter school group as well as chair of the board of directors for the National Forest Foundation, the nonprofit partner to the U.S. Forest Service.


Employment at Intel Corporation

Barrett was employed by Intel Corporation in 1974 as a manager. He was promoted to
vice president A vice president or vice-president, also director in British English, is an officer in government or business who is below the president (chief executive officer) in rank. It can also refer to executive vice presidents, signifying that the vi ...
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 A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulatio ...
in 1992 and was named the company's
chief operating officer A chief operating officer (COO), also called chief operations officer, is an executive in charge of the daily operations of an organization (i.e. personnel, resources, and logistics). COOs are usually second-in-command immediately after the C ...
in 1993. He served as Intel's fourth
president President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university *President (government title) President may also refer to: Arts and entertainment Film and television *'' Præsident ...
starting in May 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 The dot-com bubble (or dot-com boom) was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Interne ...
and a severe
recession In economics, a recession is a business cycle contraction that occurs when there is a period of broad decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be tr ...
. 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.


Education

Barrett attended
Stanford University Leland Stanford Junior University, commonly referred to as Stanford University, is a Private university, private research university in Stanford, California, United States. It was founded in 1885 by railroad magnate Leland Stanford (the eighth ...
from 1957 to 1964 and received a Ph.D. in
Materials Science Materials science is an interdisciplinary field of researching and discovering materials. Materials engineering is an engineering field of finding uses for materials in other fields and industries. The intellectual origins of materials sci ...
. 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. Craig and his wife Barbara gave a $10 million endowment to
Arizona State University Arizona State University (Arizona State or ASU) is a public university, public research university in Tempe, Arizona, United States. Founded in 1885 as Territorial Normal School by the 13th Arizona Territorial Legislature, the university is o ...
in 2000. In recognition of their donation, Arizona State renamed their honors program Barrett, The Honors College.


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 Engineering The National Academy of Engineering (NAE) is an American Nonprofit organization, nonprofit, NGO, non-governmental organization. It is part of the National Academies of Sciences, Engineering, and Medicine (NASEM), along with the National Academ ...
. He is the author of over forty technical papers dealing with the influence of microstructure on the properties of materials and co-authored a textbook on materials science, ''The Principles of Engineering Materials'', along with
UCLA The University of California, Los Angeles (UCLA) is a public land-grant research university in Los Angeles, California, United States. Its academic roots were established in 1881 as a normal school then known as the southern branch of the C ...
professor Alan S. Tetelman (founder of Exponent, Inc.) and Stanford professor William D. Nix, published by
Prentice-Hall Prentice Hall was a major American educational publisher. It published print and digital content for the 6–12 and higher-education market. It was an independent company throughout the bulk of the twentieth century. In its last few years it ...
in 1973, 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. On June 28, 2009, he was announced the 2009 Laureate of the Global Award of the President of
Armenia Armenia, officially the Republic of Armenia, is a landlocked country in the Armenian Highlands of West Asia. It is a part of the Caucasus region and is bordered by Turkey to the west, Georgia (country), Georgia to the north and Azerbaijan to ...
for Outstanding Contribution to Humanity through IT. On June 27, 2014,
Trinity College Dublin Trinity College Dublin (), officially titled The College of the Holy and Undivided Trinity of Queen Elizabeth near Dublin, and legally incorporated as Trinity College, the University of Dublin (TCD), is the sole constituent college of the Unive ...
awarded him with an honorary doctorate.


Family

Barret is married to Barbara McConnell Barrett, who was the United States Ambassador to Finland from 2008 to 2009. She was the Secretary of the Air Force under the Trump administration.


See also

* List of chief executive officers


References


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 policy
* {{DEFAULTSORT:Barrett, Craig 1939 births Living people American computer businesspeople American technology chief executives Intel people Businesspeople from San Francisco Stanford University School of Engineering alumni Members of the United States National Academy of Engineering American chief executives of materials companies American chief operating officers Scientists of the National Physical Laboratory (United Kingdom)