Gil Amelio | |
|---|---|
| Born | Gilbert Frank Amelio (1943-03-01)March 1, 1943 (age 82) New York City,New York, U.S. |
| Occupation(s) | Computer science, businessman |
| Known for | CEO ofNational Semiconductor andApple Inc. |
Gilbert Frank Amelio (born March 1, 1943) is an American technology executive. Amelio worked atBell Labs,Fairchild Semiconductor, and the semiconductor division ofRockwell International, and was also the CEO ofNational Semiconductor andApple Computer.
Amelio grew up in Miami, Florida, of Italian born parents, and graduated fromMiami High School.[1] He received a bachelor's degree, master's degree, and PhD inphysics from theGeorgia Institute of Technology. While at Georgia Tech, Amelio was a member of thePi Kappa Alpha fraternity.
Amelio joinedBell Labs as a researcher in 1968.[2]In 1970, Amelio was on the team that demonstrated the first workingcharge-coupled device (CCD).[3]He moved toFairchild Semiconductor in 1971, where he led the development of the first commercial CCD image sensors in the early 1970s,[4] and in 1977 became head of theMOS division.He worked his way up to president of the semiconductor division ofRockwell International, and then its communications systems division.[5]
Amelio joinedNational Semiconductor as president and chief executive in February 1991.[5]
In 1994 Amelio joined the board of directors ofApple. After his resignation from National Semiconductor, Amelio became Apple CEO on February 2, 1996, succeedingMichael Spindler. His salary was a reported $990,000 plus bonuses and a $5 million loan.[6] He also received approximately $100,000 for the use of hisbusiness jet by Apple the previous year according to the section "Certain Transactions" in the Apple Proxy Statement for 1996.[7]
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 theCopland operating system project, and oversaw the development ofMac OS 8.
To replace Copland and fulfill the need for a next generation operating system Amelio started negotiations to buyBeOS fromBe Inc. but negotiations stalled when Be CEOJean-Louis Gassée demanded $275 million; Apple was unwilling to offer more than $200 million.[8] In November 1996 Amelio started discussions withSteve Jobs'sNeXT, and bought the company on February 4, 1997, for $400 million.[9]
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.[10] Apple lost another $708 million. On the July 5-6, 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. Jobs later quoted Amelio as having said:
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.[11][12][13]
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.[14]
Since 1998 Amelio has been aventure 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.[15] He became senior partner at Sienna Ventures inSausalito, California in May 2001.[16]
In 2005 he co-foundedAcquicor with ex-AppleCTOEllen Hancock and Apple co-founderSteve Wozniak.[17][18][19] Acquicor acquiredJazz Semiconductor in early 2007, and sold it in 2008 for a loss.[20][21][22]
Amelio was a director and chairman of theSemiconductor Industry Association. Since 1996 he has been an advisor to theMalaysia Multimedia Super Corridor and to Malaysia's Prime Minister. In June 2003 he was named chairman of the board ofRipcord Networks; where he joined Steve Wozniak, Ellen Hancock, and other Apple alumni.[23] Amelio was a board member ofAT&T Inc.,Pacific Telesis,Chiron Corporation,Sematech,InterDigital, andGeorgia Tech (as chairman), as well as a trustee of theAmerican Film Institute.[24]
He was a contributor to the reportAn American Imperative (1993),[25] and author of the booksProfit from Experience (1995,ISBN 978-0471287049) andOn the Firing Line: My 500 Days at Apple (1998,ISBN 978-0887309199).
In November 2020, Amelio joined the board of directors for Nashville-based augmented reality startup VideoBomb.[26]
Amelio joined the board of directors forMimms Museum of Technology and Art in September 2023.[27]
Amelio is anIEEE Fellow.[28] He received theIEEE Masaru Ibuka Consumer Electronics Award in 1991 for contributions to the development of the charge-coupled device (CCD) image sensors in consumer video cameras. He has been awarded 16 patents.[29][30]
| Preceded by | Apple CEO 1996–1997 | Succeeded by |