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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 g ...
who served as the
chairman of the board The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...
of
Intel Corporation Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California. It is the world's largest semiconductor chip manufacturer by revenue, and is one of the developers of the x86 series ...
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 at Arizona State University (or simply Thunderbird) is a global management school in Phoenix, Arizona. Founded in 1946 as an independent, private institution, it was acquired by Arizona State University ( ...
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, non-governmental organization. The National Academy of Engineering is part of the National Academies of Sciences, Engineering, and Medicine, along with the National Academy ...
for technical leadership in advancing quality and productivity through manufacturing technology in the semiconductor industry. Barrett served as the
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: Automobiles * Nissan President, a 1966–2010 Japanese ful ...
of Intel starting in 1997 and its
chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
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 (dot-com boom, tech bubble, or the Internet bubble) was a stock market bubble in the late 1990s, a period of massive growth in the use and adoption of the Internet. Between 1995 and its peak in March 2000, the Nasdaq Compo ...
and a severe
recession In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various ...
. 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 Society for Science, formerly known as Science Service and later Society for Science and the Public, is a 501(c)(3) non-profit organization dedicated to the promotion of science, through its science education programs and publications, including ...
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 National Forest Foundation, an American non-profit organization, was created by Congress in 1992 to be the official non-profit partner of the United States Forest Service. Its mission is to engage Americans in community-based national programs ...
, the nonprofit partner to the
U.S. Forest Service The United States Forest Service (USFS) is an agency of the U.S. Department of Agriculture that administers the nation's 154 national forests and 20 national grasslands. The Forest Service manages of land. Major divisions of the agency in ...
.


Education

Barrett attended
Stanford University Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...
from 1957 to 1964 and received a
Ph.D. A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields. Because it is a ...
in Materials Science. During his time at Stanford, he joined the
Kappa Sigma Kappa Sigma (), commonly known as Kappa Sig, is an American collegiate social fraternity founded at the University of Virginia in 1869. Kappa Sigma is one of the five largest international fraternities with currently 318 active chapters and colo ...
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 research university in the Phoenix metropolitan area. Founded in 1885 by the 13th Arizona Territorial Legislature, ASU is one of the largest public universities by enrollment in the ...
in 2000. In recognition of their donation, Arizona State renamed their honors program
Barrett, The Honors College Barrett, The Honors College at Arizona State University Arizona State University (Arizona State or ASU) is a public research university in the Phoenix metropolitan area. Founded in 1885 by the 13th Arizona Territorial Legislature, ASU is one ...
.


Awards and publications

In 1969, Barrett received the Robert Lansing Hardy Award of the
Minerals, Metals & Materials Society The Minerals, Metals & Materials Society (TMS) is a professional organization for materials scientists and engineers that encompasses the entire range of materials and engineering, from minerals processing and primary metals production to basic r ...
and remains a member of the
National Academy of Engineering The National Academy of Engineering (NAE) is an American nonprofit, non-governmental organization. The National Academy of Engineering is part of the National Academies of Sciences, Engineering, and Medicine, along with the National Academy ...
. 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. UCLA's academic roots were established in 1881 as a teachers college then known as the southern branch of the California St ...
professor Alan S. Tetelman (founder of Exponent, Inc.) and
Stanford Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is considere ...
professor William D. Nix, published by
Prentice-Hall Prentice Hall was an American major educational publisher owned by Savvas Learning Company. Prentice Hall publishes print and digital content for the 6–12 and higher-education market, and distributes its technical titles through the Safari B ...
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 The Woodrow Wilson International Center for Scholars (or Wilson Center) is a quasi-government entity and think tank which conducts research to inform public policy. Located in the Ronald Reagan Building and International Trade Center in Washi ...
. On June 28, 2009, he was announced the 2009 Laureate of the Global Award of the President of
Armenia Armenia (), , group=pron officially the Republic of Armenia,, is a landlocked country in the Armenian Highlands of Western Asia.The UNbr>classification of world regions places Armenia in Western Asia; the CIA World Factbook , , and ''Ox ...
for Outstanding Contribution to Humanity through IT. On June 27, 2014,
Trinity College Dublin , name_Latin = Collegium Sanctae et Individuae Trinitatis Reginae Elizabethae juxta Dublin , motto = ''Perpetuis futuris temporibus duraturam'' (Latin) , motto_lang = la , motto_English = It will last i ...
awarded him with an honorary doctorate.


Employment at Intel Corporation

Barrett was employed by Intel Corporation in 1974 as a manager. He was promoted to
vice president A 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 vice president is on t ...
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 (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...
in 1992 and was named the company's
chief operating officer A chief operating officer or chief operations officer, also called a COO, is one of the highest-ranking executive positions in an organization, composing part of the "C-suite". The COO is usually the second-in-command at the firm, especially if t ...
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 Stevens Otellini (October 12, 1950 – October 2, 2017) was an American businessman and one-time president and CEO of Intel. He was also on the board of directors of Google. Early life and education Paul S. Otellini was born and rais ...
. 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

Barret is married to Barbara McConnell Barrett, who was the
United States Ambassador to Finland United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two fi ...
from 2008 to 2009. She was the Secretary of the Air Force under the Trump administration.


See also

*
List of chief executive officers The following is a list of chief executive officers of notable companies. The list also includes lead executives with a position corresponding to chief executive officer (CEO), such as managing director (MD), and any concurrent positions held. Lis ...


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 manufacturing companies American chief operating officers Fulbright alumni