Analog Devices Co-Founder and Chairman Ray Stata Bestowed with GSA’s Highest Honor

Ray Stata to be Awarded Dr. Morris Chang Exemplary Leadership Award

SAN JOSE, Calif. — (BUSINESS WIRE) — October 30, 2017 — The Global Semiconductor Alliance (GSA), the voice of the global semiconductor industry, proudly announces the winner of the 2017 Dr. Morris Chang Exemplary Leadership Award: Co-Founder and Chairman of the Board of Analog Devices, Inc., Mr. Ray Stata. He will be presented with this achievement award during the GSA Awards Dinner Celebration on Thursday, December 7, 2017, at the Santa Clara Convention Center in Santa Clara, Calif.

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Ray Stata, GSA’s 2017 Dr. Morris Chang Exemplary Leadership Award Winner (Photo: Business Wire)

Ray Stata, GSA’s 2017 Dr. Morris Chang Exemplary Leadership Award Winner (Photo: Business Wire)

“We are thrilled to present this year’s Dr. Morris Chang Exemplary Leadership Award to a pioneer of the semiconductor industry, who is widely regarded as a visionary and highly respected for his entrepreneurial investments,” said Jodi Shelton, president of GSA. “Mr. Stata’s longtime vision and focus on innovation at Analog Devices, as well as his ability to identify emerging technologies that could change the world, continues to make a lasting impact on the industry and inspire thousands of talented innovators.”

Established in 1999, the first GSA “ Exemplary Leadership Award” was given to Dr. Morris Chang, chairman and chief executive officer of Taiwan Semiconductor Manufacturing Corporation ( TSMC). Today, the Dr. Morris Chang Exemplary Leadership Award recognizes individuals for their exceptional contributions, exemplifying how their vision and global leadership have transformed and elevated the entire semiconductor industry.

“It is a great honor for me to receive the Dr. Morris Chang Exemplary Leadership Award, especially since Dr. Chang is the industry leader I most respect and admire,” said Ray Stata. “Dr. Chang had an enormous impact on the success of Analog Devices and the entire industry through his creation of the fabless semiconductor industry.”

One of the founders of Analog Devices, Inc. (ADI) in 1965, Stata served as CEO of the company from 1971-1996. He has served as Chairman of the Board since 1973. Responding to industrial shifts, Stata guided ADI through a number of critical transformations-changing from a producer of modules of discrete components in the 1960s to a market leading provider of high-performance analog, mixed-signal and digital signal processing integrated circuits today. Stata has shared his knowledge of business and management practices with other companies through the Center for Quality Management, which, together with Professors Thomas Lee and Shoji Shiba from the Massachusetts Institute of Technology (MIT), he founded in 1989. He has served on the Executive Committee of the Council on Competitiveness from 1987 to 2005, with the aim of helping rehabilitate and foster the competitiveness of American industry in a changing global economic climate.

Stata is a member of the U.S. National Academy of Engineering and the American Academy of Arts and Sciences, and a Foreign Fellow of the Indian National Academy of Engineering. He has been chairman of the Semiconductor Industry Association, member of the Board of Overseers of the Malcolm Baldrige National Quality Award, and served for many years as a member of the MIT Corporation and its Executive Committee. He is the co-author with James Botkin and Dan Dimancescu of two books, Global Stakes: The Future of High Technology in America and The Innovators: Rediscovering America's Creative Energy. His work as co-founder and first president of the Massachusetts High Technology Council has spawned many initiatives, including programs that encourage corporations to dedicate a portion of their research and development budgets to education.

Stata holds a B.S. Electrical Engineering and M.S. Electrical Engineering from the Massachusetts Institute of Technology.

About the GSA Awards Dinner:

The annual GSA Awards Dinner Celebration is the industry’s premier event. Each year the GSA recognizes companies that have demonstrated excellence through their vision, strategy, execution and future opportunity. The celebration honors the achievements of semiconductor companies in several categories ranging from outstanding leadership to financial accomplishments, as well as overall respect within the industry. The Awards Dinner Celebration will start at 5:00 p.m. with a networking reception, followed by dinner at 6:00 p.m. To make reservations to attend the Awards Dinner, please visit the reservations page.

About GSA:

The Global Semiconductor Alliance (GSA) mission is to support the global semiconductor industry and its partners by offering a comprehensive view of the industry. This enables members to better anticipate market opportunities and industry trends, preparing them for technology and business shifts. It addresses the challenges within the supply chain including IP, EDA/design, wafer manufacturing, test and packaging to enable industry-wide solutions. Providing a platform for meaningful global collaboration through efficient power networking for global semiconductor leaders and their partners, the Alliance identifies and articulates market opportunities, encourages and supports entrepreneurship, and provides members with comprehensive and unique market intelligence. Members include companies throughout the supply chain representing 30 countries across the globe. www.gsaglobal.org

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