Intel's Ex-CEO Andy Grove Has Passed Away

[Brian]

In a sad day for the tech world, one of the pioneers of the PC industry and ex-CEO of Intel, Andy Grove, has passed away at the age of 79. As noted by the article on Intel's website, Andy Grove was Intel's first hire in 1979 as company President after Gordon Moore and Andrew Noyce founded the company and then later was CEO in 1987. His legacy includes shifting Intel's focus from memory chips to computer processors helping transition Intel from a company that made $1.9 billion in revenue to $26 billion. 

 

Grove played a critical role in the decision to move Intel’s focus from memory chips to microprocessors and led the firm’s transformation into a widely recognized consumer brand. Under his leadership, Intel produced the chips, including the 386 and Pentium, that helped usher in the PC era. The company also increased annual revenues from $1.9 billion to more than $26 billion.

 

Grove was both an astute engineer and a careful student of business management. His books High Output Management (1983) and Only the Paranoid Survive (1999) remain some of the most highly regarded management books.

 

Grove was also active in philanthropy and helped donate towards Parkinson's research as well as donating $26 million to the City College of New York which helped establish the Grove School of Engineering. He was married to his wife Eva for 58 years and is survived by 2 daughters and 8 grandchildren. 

 

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