Andrew Stephen Grove

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Andrew Stephen Grove (Hungarian: Gróf András István)

was born September 2, 1936, Budapest.

He is a Hungarian-American businessman and scientist.
He was one of the earliest employees of Intel Corporation and ultimately played key leadership roles in its success.

Grove was born to a middle-class Jewish family in Budapest, Hungary. At the age of four, Andrew was diagnosed with scarlet fever. The disease was nearly fatal, and while he survived, he suffered significant hearing loss as a result.
During the Hungarian Revolution of 1956 he left his home and family and emigrated to the United States, to New York City.

Grove and his wife Eva were married in 1958. They have two daughters.

Grove earned a bachelor’s degree in Chemical Engineering from the City College of New York in 1960.
He earned the Ph.D. in Chemical Engineering from the University of California, Berkeley in 1963.

In July 1968, Dr. Grove participated in the founding of Intel Corporation. In 1979 he was named its President, and in 1987 he was named Chief Executive Officer. In May 1997 he was named Chairman and CEO, and in May 1998 he relinquished his CEO title. He stepped down as Chairman in May 2005, and remains Senior Advisor.

Grove is credited with having transformed Intel from a manufacturer of memory chips into one of the world’s dominant producers of microprocessors. During his tenure as CEO, Grove oversaw a 4,500% increase in Intel’s market capitalization from $18 billion to $197 billion, making it, at the time, the world’s most valuable company. He relinquished his CEO title in May 1998 and remained Chairman of the Board until November 2004.

And so TIME chooses as its 1997 Man of the Year Andrew Steven Grove, chairman and CEO of Intel, the person most responsible for the amazing growth in the power and innovative potential of microchips. His character traits are emblematic of this amazing century: a paranoia bred from his having been a refugee from the Nazis and then the Communists; an entrepreneurial optimism instilled as an immigrant to a land brimming with freedom and opportunity; and a sharpness tinged with arrogance that comes from being a brilliant mind on the front line of a revolution.

As the transistor was being invented, George Orwell, in his book 1984, was making one of the worst predictions in a century filled with them: that technology would be a centralizing, totalitarian influence. Instead, technology became a force for democracy and individual empowerment. The Internet allows anyone to be a publisher or pundit, E-mail subverts rigid hierarchies, and the tumult of digital innovation rewards wildcats who risk battle with monolithic phone companies. The symbol of the atomic age, which tended to centralize power, was a nucleus with electrons held in tight orbit; the symbol of the digital age is the Web, with countless centers of power all equally networked.

Grove first book, Physics and Technology of Semiconductor Devices has been used at many leading universities in the United States. His books on managing include High Output Management (1983), One-on-One With Andy Grove (1987), Only the Paranoid Survive (1996), and Strategic Dynamics: Concepts and Cases, co-authored by Robert A. Burgelman, (2005).

Grove believes that the confluence of oil prices, environmental concerns and economic conditions now demand a rapid move from internal combustion to electrically driven vehicles. Grove is now pushing to find a way to retrofit the tens of millions of older vehicles on the road with hybrid drive systems. Grove is pushing for tax incentives to help fund battery and conversion kit development.

Dr. Grove has written over 40 technical papers and holds several patents on semiconductor devices and technology. He taught a graduate course in semiconductor device physics at the University of California, Berkeley for six years. He currently is a lecturer at the Stanford University Graduate School of Business, teaching a course entitled “Strategy and Action in the Information Processing Industry”.

Dr. Grove has received an honorary Doctor of Science degree from the City College of New York (1985), an honorary Doctor of Engineering degree from Worcester Polytechnic Institute (1989) and an honorary Doctor of Laws degree from Harvard University (2000).

In 1998 Dr. Grove was named “Distinguished Executive of the Year” by the Academy of Management, and received the IEEE 2000 Medal of Honor award in 2000.

“When TV first came, people tried to look at it as a radio with pictures. We’re at the stage now where the Internet is TV with poor connections.”
- Andrew Grove -

“Just as you would not permit a fellow employee to steal a piece of office equipment, you shouldn’t let anyone walk away with the time of his fellow managers.”
- Andrew Grove -

“Technology is not inherently good or evil. It is only a tool for reflecting our values.”
- Andrew Grove -

List of Awards for Dr. Grove
1960 American Institute of Chemists Award
1966 IEEE Achievement Award
1974 IEEE J.J. Ebers Award
1975 Certificate of Merit, Franklin Institute
1979 National Academy of Engineering
1980 Townsend Harris Medal, City College of New York
1984 Hall of Fame Award, Information Industries Association
1984 Council of 100 Members, Arizona State University
1985 Honorary Doctor of Science Degree, City College of New York
1987 IEEE Engineering Leadership Recognition Award
1987 Enterprise Award, Business and Professional Advertising Association
1989 Honorary Doctor of Engineering Degree, Worcester Polytechnic Institute
1990 George Washington Award, American-Hungarian Foundation
1993 Citizen of the Year Award, World Forum of Silicon Valley
1993 Executive of the Year Award, University of Arizona
1993 AEA Medal of Achievement Award
1995 Heinz Foundation Technology Award
1995 John von Neumann Medal, American Hungarian Association
1995 Steinman Medal, City College of New York
1996 Statesman of the Year Award, Harvard Business School
1996 International Achievement Award, World Trade Club
1997 IEEE 1997 Computer Entrepreneur Award
1997 Cinema Digital Technologies Award, International Film Festival
1997 CEO of the Year Award, CEO Magazine
1997 Technology Leader of the Year Award, Industry Week
1997 Man of the Year, Time Magazine
1998 Distinguished Executive of the Year, Academy of Management
2000 Honorary Doctor of Laws Degree from Harvard University
2000 2000 IEEE Medal of Honor
2001 Lifetime Achievement Award, Strategic Management Society
2004 Most Influential Business Person of the Last Twenty-Five Years, Wharton School of Business and Nightly Business Report
2004 Ernest C. Arbuckle Award, Stanford University Graduate School of Business

Intel Executive Biography: Andrew S. Grove

WIRED: Andy Grove’s Rational Exuberance

Esquire, by Mike Sager: What I’ve Learned: Andy Grove

Woopido!: Andrew Grove Quotes – Intel Corporation

Encyclopaedia Britannica: Grove, Andrew S., Hungarian-American businessman

Charlie Rose: Andrew Grove

Knowledge Wharton: Intel Chairman Andrew Grove Reminds Us of Our Roots

Wikipedia: Andrew Grove

NationMaster Encyclopedia: Andrew Grove

The Heinz Awards: Andrew Grove, Fortune: The Education of Andy Grove

Robert Heller’s blog: Andrew Grove

Time Magazine, by David S. Jackson: Andrew Grove

AutoblogGreen, by Sam Abuelsamid: Former Intel-CEO wants electric cars, retrofits of older vehicles

Evolved and Rat(i)onal: Andrew Grove: Clueless about science
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