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Lip-Bu Tan

From Wikipedia, the free encyclopedia
CEO of Intel (born 1959)
The native form of thispersonal name isTan Lip-Bu. This article usesWestern name order when mentioning individuals.
Lip-Bu Tan
陳立武
Tan in 2025
Born (1959-11-12)November 12, 1959 (age 66)
CitizenshipUnited States
Education
OccupationBusiness executive
Title
SpouseYsa Loo
Children2
Chinese name
Traditional Chinese陳立武[2]
Simplified Chinese陈立武
Hanyu PinyinChén Lìwǔ
HokkienPOJTân Li̍p-bú
Websitenewsroom.intel.com

Lip-Bu Tan (Chinese:陳立武;pinyin:Chén Lìwǔ;Pe̍h-ōe-jī:Tân Li̍p-Bú; born November 12, 1959) is an American business executive who has beenchief executive officer (CEO) ofIntel since 2025. He is also chairman ofWalden International, aventure capital firm; a founding managing partner of Walden Catalyst Ventures and Celesta Capital; and holds numerous board positions. Tan served as CEO ofCadence Design Systems from 2009 to 2021.

Early life

[edit]

Tan was born November 12, 1959, inMuar,Johor, in the previousFederation of Malaya (now Malaysia) to an ethnicChinese family in Malaysia.[3][4] His father, Keng Lian Tan, was the chief editor of the Malaysian Chinese-language daily newspaperNanyang Siang Pau and his mother, Yeok Choong Chew, was a university warden atNanyang Technological University. He is the youngest of five siblings.

Tan graduated fromNanyang Technological University Singapore with abachelor's degree inphysics in 1978.[5] After graduation, Tan moved to the United States and earned a master's degree innuclear engineering from theMassachusetts Institute of Technology (MIT) in 1981[3] and a Master of Business Administration (MBA) from theUniversity of San Francisco in California.[3][6][7]

More recently, he received honorary degrees from the University of San Francisco in 2022[8][9] andCarnegie Mellon University of Pittsburgh in 2025.

Career

[edit]

Walden International

[edit]

Tan was a manager at EDS Nuclear and ECHO Energy and partner at the Walden USA investment fund before foundingventure capital (VC) firm[10] Walden International in 1987.[11][7][12] He named the firm after the bookWalden byHenry David Thoreau because Tan's goal was to be like Thoreau: "Contrarian, rather than just following the trend."[6]

The company grew from $3 million upon its founding to $5 billion by 2001 by focusing its investments in Asian tech startups. In 2001,Forbes dubbed Tan "the pioneer of Asian VC."[4][13] Tan has focused on global technology investments primarily insemiconductors,artificial intelligence (AI), andsoftware. He has helped to create more than 300 American companies, approximately 50,000 American jobs, and $400 billion in American market capitalization.[14] He worked with 40 American companies through theinitial public offering (IPO) on the U.S. stock exchanges (Nasdaq/NYSE). Additionally, Tan assisted 66 companies with amergers & acquisitions exit.

Cadence Design Systems

[edit]

In February 2004, theCadence Design Systemsboard of directors elected Tan to the board.[15] Tan became interim co-CEO of Cadence in October 2008. The Cadence board formally named Tan president and CEO effective January 2009.[16] Under Tan's leadership, Cadence revenue doubled and generated approximately 4,000% return for shareholders.[17] Tan recruited and trained his successor and stepped down as CEO and became executive chairman in 2021.[18] He later stepped down from the office of chairman of Cadence in 2023.[19]

Intel

[edit]

In March 2025, Tan was namedCEO ofIntel, effective March 18.[20][21] Tan had been on Intel's board of directors from 2022 to 2024.[22][23]

Board memberships

[edit]

Academic boards

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Tan is currently on the board ofUC Berkeley College of Engineering.[24] He also is on the board of trustees ofCarnegie Mellon University School of Engineering[25] of which he is a member of the Dean's Advocacy Council, and established the Tan Endowed Graduate Fellowship for the Department of Electrical and Computer Engineering.[26]

Tan is also a trustee at theFuller Theological Seminary, where he was a founding member of the Insight Council, and received the Imec 2023 Lifetime of Innovation Award[27] for his contributions to the chip industry and the entrepreneurship in the tech industry.

Company boards

[edit]

Tan is on the boards ofIntel,[28]Schneider Electric, and Credo Technology Group. He was on the boards ofHewlett Packard Enterprise,Softbank Capital,[29]Ambarella,Flextronics International,Inphi Corporation,Mindtree,Semiconductor Manufacturing International Corporation, and theUnited Overseas Bank.[30]

Tan is a member ofThe Business Council.[31][32] He is also a member of theCommittee of 100.[4][30]

Philanthropy

[edit]

In November 2019, Tan and Cadence Design Systemsendowed twocomputer science professorships for $3 million each atCarnegie Mellon University inPittsburgh, Pennsylvania, United States.[33] In June 2024, Tan pledged a gift of S$3 million[34] toNanyang Technology University (NTU) to set up a new professorship inartificial intelligence (AI), to attract talent and support the advancement of research and education at NTU's College of Computing and Data Science.

Recognition

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In 2017, the analytics firmRelationship Science named Tan to the Most Connected Executives in the Technology Industry list with a perfect "power score" of 100.[35]

In August 2022, Tan received the Robert N. Noyce Award from theSemiconductor Industry Association (SIA), the industry's highest honor.[36]

Tan was honored with the 2025Phil Kaufman Award for his leadership and impact on the Electronic System Design (ESD) industry.[37]

Personal life

[edit]

Tan is an American citizen[38] and lives inPiedmont, California, with his wife Ysa Loo. They have two grown children. A Christian, he adheres toPresbyterianism.[3] Tan has been anelder at the First Presbyterian Church of Berkeley since the 1990s.[39]

References

[edit]
  1. ^"Lip Bu Tan CDSS at Berkeley".University of California Berkeley.
  2. ^"Cadence總裁陳立武:國內半導體公司技術不落後".Sina Finance. 9 August 2012.Archived from the original on 28 July 2017. Retrieved12 September 2016.
  3. ^abcdJohnson, Steve (February 4, 2011)."Mercury News interview: Lip-Bu Tan, president and CEO of Cadence Design Systems".San Jose Mercury News.Archived from the original on May 5, 2017. RetrievedJuly 5, 2020.
  4. ^abc"Lip-Bu Tan". Committee of 100.Archived from the original on December 13, 2024. RetrievedJuly 8, 2020.
  5. ^Marinissen, Erik Jan (November 2012)."Pioneering in Asia With the U.S. Venture Capital Model".IEEE Design & Test of Computers.29 (6):52–55.Bibcode:2012IDTC...29...52M.doi:10.1109/MDT.2012.2221003.
  6. ^ab"Special Report -- Stars of Asia -- Financiers: Lip-Bu Tan, Chairman, Walden International, U.S."BusinessWeek. July 12, 2004. Archived fromthe original on July 7, 2004. RetrievedJuly 7, 2020.
  7. ^ab"Lip-Bu Tan". Walden International. Archived fromthe original on September 16, 2021. RetrievedAugust 7, 2025.
  8. ^"MSN".www.msn.com. Retrieved2025-09-25.
  9. ^"Past Recipients | myUSF".myusf.usfca.edu. Retrieved2025-09-25.
  10. ^"Lip-Bu Tan - Intel Corporation | LinkedIn".www.linkedin.com. Archived fromthe original on 2025-08-21. Retrieved2025-09-25.
  11. ^Tan, Lip-Bu oral history. Computer History Museum. October 1, 2018.Archived from the original on October 31, 2022. RetrievedJuly 7, 2020.
  12. ^Nass, Gilad (September 22, 2001)."Walden: A VC fund that looks to the future".Globes: Israel's Business Arena. Archived fromthe original on September 25, 2001. RetrievedJuly 19, 2020.
  13. ^Kitchens, Susan (April 2, 2001)."The pioneer of Asian VC".Forbes. Archived fromthe original on August 19, 2002. RetrievedJuly 8, 2020.
  14. ^Baptista, Eduardo; Nellis, Stephen; Cherney, Max A.; Cherney, Max A. (2025-04-10)."Intel CEO invested in hundreds of Chinese companies, some with military ties".Reuters. Retrieved2025-09-25.
  15. ^"Cadence Elects Lip-Bu Tan to its Board of Directors". Cadence Design Systems. February 10, 2004.Archived from the original on June 12, 2004. RetrievedJuly 8, 2020.
  16. ^Leopold, George (January 8, 2009)."Lip-Bu Tan named Cadence CEO".EE Times. RetrievedJuly 8, 2020.
  17. ^Pulakkat, Hari (February 18, 2013)."Cadence CEO Lip-Bu Tan looking for good startups to invest in India".The Economic Times.Archived from the original on July 19, 2020. RetrievedJuly 19, 2020.
  18. ^"Cadence Announces Anirudh Devgan to Become CEO in December 2021; Lip-Bu Tan to Transition to Role of Executive Chairman at That Time" (Press release). San Jose, California: Cadence. July 26, 2021. RetrievedMarch 13, 2025.
  19. ^"Cadence Appoints Mary Louise Krakauer as Chair of the Board" (Press release). San Jose, California: Cadence. May 11, 2023. RetrievedMarch 13, 2025.
  20. ^Leswing, Kif (2025-03-12)."Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%".CNBC. Retrieved2025-03-12.
  21. ^Berman, Noah; Chen, Eliot (2025-03-21)."Intel's Surprising Savior".The Wire China. Retrieved2025-08-09.
  22. ^"Intel Elects Lip-Bu Tan to Its Board of Directors".Intel Corporation. 2022-08-11. Retrieved2025-09-25.
  23. ^"Semiconductor veteran Lip-Bu Tan exits Intel's board".Yahoo Finance. Archived fromthe original on 2025-09-19. Retrieved2025-09-25.
  24. ^"Lip-Bu Tan".cdss.berkeley.edu. Retrieved2025-09-25.
  25. ^"Voting Trustees | Carnegie Mellon University".www.cmu.edu. 2025-04-22. Retrieved2025-09-25.
  26. ^DeFrancesco, Joyce (2019-11-12)."Two Endowed Professorships Support Computer Science and Electrical and Computer Engineering Faculty".Make Possible. Retrieved2025-09-25.
  27. ^Davidson, Elijah (2023-04-03)."Fuller Trustee to be Honored with Imec 2023 Lifetime of Innovation Award | Fuller Seminary". Retrieved2025-09-25.
  28. ^"Intel Elects Lip-Bu Tan to Its Board of Directors". 11 August 2022.Archived from the original on 2 March 2023. Retrieved2 March 2023.
  29. ^"Biography: Lip-Bu Tan | SoftBank Group Corp".SoftBank Group Corp. Archived fromthe original on 2022-05-21. Retrieved2025-09-25.
  30. ^ab"Lip-Bu Tan".Committee of 100. Retrieved2025-09-25.
  31. ^"Lip-Bu Tan".Committee of 100.Archived from the original on 2024-12-13. Retrieved2025-07-11.
  32. ^"Lip-Bu Tan | CDSS at UC Berkeley".cdss.berkeley.edu. Retrieved2025-07-11.
  33. ^Torrance, Luke (November 13, 2019)."Carnegie Mellon receives $6M for two computer-related professorships".Pittsburgh Business Times. RetrievedJuly 8, 2020.
  34. ^"S$3 million gift from venture capitalist to support alma mater's first AI professorship".Corporate NTU. Retrieved2025-03-13.
  35. ^Vlastelica, Ryan (2017-06-01)."These are the most well-connected people in the tech industry".MarketWatch. Retrieved2017-06-13.
  36. ^"Lip-Bu Tan, Executive Chairman of Cadence Design Systems and Chairman of Walden International, to Receive Semiconductor Industry's Top Honor".Semiconductor Industry Association. August 2, 2022.Archived from the original on August 2, 2022. RetrievedAugust 2, 2022.
  37. ^"Lip-Bu Tan to be Honored With 2025 Phil Kaufman Award | SEMI".www.semi.org. 2025-08-25. Retrieved2025-09-25.
  38. ^"Mr. Lip-Bu Tan - Board candidate"(PDF).Archived(PDF) from the original on 2020-07-06. Retrieved2020-07-06.
  39. ^"Lip-Bu Tan's Non-Profit Activities"(PDF). Archived fromthe original(PDF) on 2020-07-11. Retrieved2021-12-07.

External links

[edit]
Business positions
Preceded byCEO,Intel
2025-present
Succeeded by
Incumbent
Authority control databases: AcademicsEdit this at Wikidata
Retrieved from "https://en.wikipedia.org/w/index.php?title=Lip-Bu_Tan&oldid=1323748483"
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