AMD Endows W.J. Sanders III Chair in
electrical and computer engineering at University of Illinois
Posted By Kathy Smith
Date: October 08, 2001
AMD today announced that W.J. Sanders III, the company's Chairman, CEO and co-founder, has been honored with an endowed chair in electrical and computer engineering at his alma mater, the University of Illinois.
SUNNYVALE, CA-October 08, 2001-AMD today announced that W.J. Sanders III, the company's Chairman, CEO and co-founder, has been honored with an endowed chair in electrical and computer engineering at his alma mater, the University of Illinois.
"There has been a long relationship between Mr. Sanders, AMD and the University of Illinois Department of Electrical and Computer Engineering," said Richard Blahut, head of the Department of Electrical and Computer Engineering at the University of Illinois. "Each year, the Walter J. 'Jerry' Sanders Design Competition draws future innovators from top engineering schools around the country looking to test their engineering skills. Additionally, AMD sponsors major computing research programs emphasizing binary code and run-time optimization. The W.J. 'Jerry' Sanders III-Advanced Micro Devices, Inc. Endowed Chair in Electrical and Computer Engineering continues this longstanding tradition, supporting the scholarly and research activities of a world-class faculty member in electrical and computer engineering."
"This latest honor further reinforces Jerry's place as one of the leaders in the semiconductor industry who helped shape the way we use technology today," said Rob Herb, executive vice president and chief sales and marketing officer at AMD. "Jerry's career and the culture he has helped create at AMD are a testament to the power of innovation, the belief that that no one has a monopoly on good ideas, and the value of the individual. The W.J. 'Jerry' Sanders III-Advanced Micro Devices, Inc. Endowed Chair in Electrical and Computer Engineering was created in this spirit, helping produce the next generation of engineering innovators." AMD will contribute $2.5 million dollars over the next five years for the creation of the W.J. "Jerry" Sanders III-Advanced Micro Devices, Inc. Endowed Chair in Electrical and Computer Engineering. The contribution represents AMD's continued commitment to supporting higher education programs. Mr. Sanders earned a bachelor of science degree in electrical engineering from the University of Illinois in 1958. In 1969 Mr. Sanders and seven other co-founders launched Advanced Micro Devices, a company that has since become a leading U.S.-based merchant semiconductor manufacturer. The Wall Street Transcript named Mr. Sanders the Best Chief Executive Officer in the semiconductor industry for the years 1983, 1984, and 1985, and runner-up in 1991. Mr. Sanders received the Robert N. Noyce Award, the industry's highest honor for leadership, from the Semiconductor Industry Association (SIA) in 1998, and in 2001 Mr. Sanders joined a select group of high-tech leaders who have received the Medal of Achievement from the American Electronics Association (AeA), the nation's largest high-tech industry association.
Mr. Sanders co-founded several prominent industry groups including the Semiconductor Industry Association, the Santa Clara Manufacturing Group, the Semiconductor Research Corporation and the Microelectronics and Computer Technology Corporation.
AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets with manufacturing facilities in the United States, Europe, Japan, and Asia. AMD, a Fortune 500 and Standard & Poor's 500 company, produces microprocessors, Flash memory devices, and support circuitry for communications and networking applications. Founded in 1969 and based in Sunnyvale, California, AMD had revenues of $4.6 billion in 2000. (NYSE: AMD).
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