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Ray Stata

December 29, 2022

Raymond Stuart Stata (born 1934) is an American entrepreneur, engineer, and investor.

Ray Stata
Born
Raymond Stuart Stata

(1934-11-12) November 12, 1934 (age 88)
Oxford, Pennsylvania, U.S.
Alma materMassachusetts Institute of Technology
Known forAnalog Devices, Inc.
Children
Websitewww.raystata.com

Early life and education

Stata was born on November 12, 1934 in the small farming community of Oxford, Pennsylvania to Rhoda Pearl Buchanan and Raymond Stanford Stata, a self-employed electrical contractor. In high school, Ray worked as an apprentice for his father. Ray's mother was a factory worker. Ray's sister, Joan Stata, was five years older and worked as a nurse in Wilmington, Delaware. In the first grade, Stata attended a one-room school with one teacher serving eight grades. His parents moved to the outskirts of Baltimore to work at an aircraft factory during WWII. Ray attended Oxford High School in Oxford, Pennsylvania. After high school, Stata earned Bachelor of Science and Master's degrees from Massachusetts Institute of Technology (MIT).[1]

Stata married Maria in June, 1962. The two reside in the Boston area, where they raised their son Raymie (born 1968) and daughter Nicole. Raymie graduated from MIT and founded Stata Labs which was acquired by Yahoo! in 2004,[2] and in 2010, was named Yahoo!'s CTO.[3] Nicole is also an entrepreneur, having started Deploy Solutions, which she sold to Kronos in 2007.[4] She later founded Boston Seed Capital, a seed venture capitalist firm.[5]

Career

In 1965, Ray founded Analog Devices, Inc. with MIT classmate Matthew Lorber in Cambridge, Massachusetts.[6][7] Before founding Analog Devices, Stata and Lorber, together with Bill Linko, another MIT graduate, founded Solid State Instruments, a company which was acquired by Kollmorgen Corporation.[7] In addition to Analog and Solid State Instruments, Stata is founder of Stata Venture Partners.[8] They were early investors in Nexabit Networks, which in June 1999, was acquired by Lucent for $900M.[9][10]

Stata is a member of the American Academy of Arts and Sciences and the National Academy of Engineering,[11] and was the recipient of the 2003 IEEE Founders Medal.[12]

Industry work

Stata co-founded and served as the first President of the Massachusetts High Technology Council (MHTC) in 1977.[13] With MHTC, Stata has advocated for engineering education and university research funding as a shared responsibility of government and industry. Stata led MHTC to push for state government policies to make Massachusetts the best state in which to live and work.[14]

Stata also worked on the federal level, serving on the Executive Committee of the Council on Competitiveness from 1987–2005.[15] Stata also served on the Malcolm Baldrige National Quality Award Board of Overseers,[16] stemming from his professional commitment to total quality management.[17]

He served on the board of the Semiconductor Industry Association from January 1, 1996 to November 7, 2013, and as the group's chairman in 2011.[18] The group awarded Stata with the Robert N. Noyce Award, the industry's highest honor, in November, 2001.[19]

Stata was actively engaged in the stewardship of MIT, his alma mater, in several roles. He served as the Chairman of the Visiting Committee of the Department of Electrical Engineering and Computer Science until 2010.[20] In 1984, he was elected to MIT's Corporation and served as a member of its Executive Committee.[21] From 1987–1988 he served as President of the MIT Alumni Association.[22]

In 1997, Stata contributed $25M[1] to the construction of a new academic complex on the MIT campus called the Ray and Maria Stata Center.[23] The building was designed by Frank Gehry.[24]

Ray and Maria are life trustees of the Boston Symphony Orchestra.[25] In 1999, Ray and Maria Stata endowed the Music Director chair position.[26]

Honors

  • 1990: Elected to the American Academy of Arts and Sciences
  • 1992: Elected to the National Academy of Engineering
  • 1996: Named Foreign Fellow of Indian National Academy of Engineering
  • 2001: Recipient of the Semiconductor Industry Association's Robert M. Noyce Award for Leadership
  • 2003: Recipient of the IEEE Founders Medal
  • 2008: Recipient of EE Times "Lifetime Achievement" award
  • 2010: MIT Commencement Speaker

Publications

  • Co-author, Global Stakes, Ballinger Press, 1982
  • Co-author, The Innovators, Harper & Rowe, 1984
  • Published Article in MIT Sloan Management Review (1989), titled: "Organization Learning – The Key to Management Innovation"
  • Published Article in CQM Journal (1995), titled: "A Conversation about Conversations"
  • Published Article in Arthur D Little, titled: "Organizational Learning: The Key to Success in the 1990s"

References

  1. ^ a b "Ray and Maria Stata give MIT $25 million, the largest gift ever for a building project at MIT". MIT News. Retrieved 2018-02-11.
  2. ^ "Yahoo buys e-mail search company". CNET. 2004-10-21. Retrieved 2018-02-11.
  3. ^ Rao, Leena. "Yahoo Chief Architect Raymie Stata Promoted To CTO". TechCrunch. Retrieved 2018-02-11.
  4. ^ "Kronos buys Deploy Solutions". www.bizjournals.com. October 31, 2007. Retrieved 2018-02-11.
  5. ^ "Nicole Stata". Boston Seed. Retrieved February 10, 2018.
  6. ^ "Interview with Ray Stata » Center for Ethics and Entrepreneurship". www.ethicsandentrepreneurship.org. Retrieved 2018-02-11.
  7. ^ a b "Ray Stata on the evolution of the semiconductor industry". McKinsey & Company. Retrieved 2018-02-11.
  8. ^ "Stata Venture Partners, Inc.: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2018-02-11.
  9. ^ "Lucent to Buy Nexabit". WIRED. Retrieved 2018-02-11.
  10. ^ "Lucent Technologies to Acquire Nexabit Networks". www.fiberopticsonline.com. Retrieved 2018-02-11.
  11. ^ "RAY STATA – Humatics". www.humatics.com. Retrieved 2018-02-11.
  12. ^ "IEEE Founders Medal Recipients" (PDF). IEEE. Retrieved February 10, 2018.
  13. ^ "MHTC Press Release 2017 Annual Meeting" (PDF). MHTC. June 6, 2017. Retrieved February 11, 2018.
  14. ^ "Mass High Technology Council Overview". Mass High Technology Council. Retrieved 2018-02-11.
  15. ^ "Analog Devices Co-Founder and Chairman Ray Stata Bestowed with GSA's Highest Honor". Global Semiconductor Alliance. October 30, 2017. Retrieved February 11, 2018.
  16. ^ gng9 (1996-04-22). "Brandt Named to Quality Award Board of Overseers". NIST. Retrieved 2018-02-11.
  17. ^ "Economic Evaluation of the Baldrige National Quality Program" (PDF). National Institute of Standards & Technology. October 1, 2001. p. 12.
  18. ^ Connolly, James (November 8, 2010). "Stata to head semiconductor association". Boston Business Journal. Retrieved 2018-02-11.
  19. ^ "Semiconductor Industry Association - Semiconductor Industry Honors Analog Devices' Ray Stata with 2001 Noyce Award". www.semiconductors.org. Retrieved 2018-02-11.
  20. ^ "Ray Stata". Programs for Professionals | MIT Professional Education. Retrieved 2018-02-11.
  21. ^ "Life Members Emeriti | The MIT Corporation". corporation.mit.edu. Retrieved 2018-02-11.
  22. ^ "Past Presidents". Retrieved 2018-02-11.
  23. ^ Reiss, Spencer. "Frank Gehry's Geek Palace". WIRED. Retrieved 2018-02-11.
  24. ^ Campbell, Robert (April 25, 2004). . The Boston Globe. Archived from the original on June 24, 2004. Retrieved February 11, 2018.
  25. ^ "Trustees of the Boston Symphony Orchestra, Inc" (PDF). BSO. Retrieved February 11, 2018.
  26. ^ Gelder, Lawrence Van (1999-07-21). "Footlights". The New York Times. ISSN 0362-4331. Retrieved 2018-02-11.

External links

  • Official website
  • Ray Stata interview with McKinsey

December 29, 2022
stata, raymond, stuart, stata, born, 1934, american, entrepreneur, engineer, investor, bornraymond, stuart, stata, 1934, november, 1934, oxford, pennsylvania, alma, matermassachusetts, institute, technologyknown, foranalog, devices, childrenraymie, statanicole. Raymond Stuart Stata born 1934 is an American entrepreneur engineer and investor Ray StataBornRaymond Stuart Stata 1934 11 12 November 12 1934 age 88 Oxford Pennsylvania U S Alma materMassachusetts Institute of TechnologyKnown forAnalog Devices Inc ChildrenRaymie StataNicole StataWebsitewww wbr raystata wbr com Contents 1 Early life and education 2 Career 2 1 Industry work 2 2 Honors 3 Publications 4 References 5 External linksEarly life and education EditStata was born on November 12 1934 in the small farming community of Oxford Pennsylvania to Rhoda Pearl Buchanan and Raymond Stanford Stata a self employed electrical contractor In high school Ray worked as an apprentice for his father Ray s mother was a factory worker Ray s sister Joan Stata was five years older and worked as a nurse in Wilmington Delaware In the first grade Stata attended a one room school with one teacher serving eight grades His parents moved to the outskirts of Baltimore to work at an aircraft factory during WWII Ray attended Oxford High School in Oxford Pennsylvania After high school Stata earned Bachelor of Science and Master s degrees from Massachusetts Institute of Technology MIT 1 Stata married Maria in June 1962 The two reside in the Boston area where they raised their son Raymie born 1968 and daughter Nicole Raymie graduated from MIT and founded Stata Labs which was acquired by Yahoo in 2004 2 and in 2010 was named Yahoo s CTO 3 Nicole is also an entrepreneur having started Deploy Solutions which she sold to Kronos in 2007 4 She later founded Boston Seed Capital a seed venture capitalist firm 5 Career EditIn 1965 Ray founded Analog Devices Inc with MIT classmate Matthew Lorber in Cambridge Massachusetts 6 7 Before founding Analog Devices Stata and Lorber together with Bill Linko another MIT graduate founded Solid State Instruments a company which was acquired by Kollmorgen Corporation 7 In addition to Analog and Solid State Instruments Stata is founder of Stata Venture Partners 8 They were early investors in Nexabit Networks which in June 1999 was acquired by Lucent for 900M 9 10 Stata is a member of the American Academy of Arts and Sciences and the National Academy of Engineering 11 and was the recipient of the 2003 IEEE Founders Medal 12 Industry work Edit Stata co founded and served as the first President of the Massachusetts High Technology Council MHTC in 1977 13 With MHTC Stata has advocated for engineering education and university research funding as a shared responsibility of government and industry Stata led MHTC to push for state government policies to make Massachusetts the best state in which to live and work 14 Stata also worked on the federal level serving on the Executive Committee of the Council on Competitiveness from 1987 2005 15 Stata also served on the Malcolm Baldrige National Quality Award Board of Overseers 16 stemming from his professional commitment to total quality management 17 He served on the board of the Semiconductor Industry Association from January 1 1996 to November 7 2013 and as the group s chairman in 2011 18 The group awarded Stata with the Robert N Noyce Award the industry s highest honor in November 2001 19 Stata was actively engaged in the stewardship of MIT his alma mater in several roles He served as the Chairman of the Visiting Committee of the Department of Electrical Engineering and Computer Science until 2010 20 In 1984 he was elected to MIT s Corporation and served as a member of its Executive Committee 21 From 1987 1988 he served as President of the MIT Alumni Association 22 In 1997 Stata contributed 25M 1 to the construction of a new academic complex on the MIT campus called the Ray and Maria Stata Center 23 The building was designed by Frank Gehry 24 Ray and Maria are life trustees of the Boston Symphony Orchestra 25 In 1999 Ray and Maria Stata endowed the Music Director chair position 26 Honors Edit 1990 Elected to the American Academy of Arts and Sciences 1992 Elected to the National Academy of Engineering 1996 Named Foreign Fellow of Indian National Academy of Engineering 2001 Recipient of the Semiconductor Industry Association s Robert M Noyce Award for Leadership 2003 Recipient of the IEEE Founders Medal 2008 Recipient of EE Times Lifetime Achievement award 2010 MIT Commencement SpeakerPublications EditCo author Global Stakes Ballinger Press 1982 Co author The Innovators Harper amp Rowe 1984 Published Article in MIT Sloan Management Review 1989 titled Organization Learning The Key to Management Innovation Published Article in CQM Journal 1995 titled A Conversation about Conversations Published Article in Arthur D Little titled Organizational Learning The Key to Success in the 1990s References Edit a b Ray and Maria Stata give MIT 25 million the largest gift ever for a building project at MIT MIT News Retrieved 2018 02 11 Yahoo buys e mail search company CNET 2004 10 21 Retrieved 2018 02 11 Rao Leena Yahoo Chief Architect Raymie Stata Promoted To CTO TechCrunch Retrieved 2018 02 11 Kronos buys Deploy Solutions www bizjournals com October 31 2007 Retrieved 2018 02 11 Nicole Stata Boston Seed Retrieved February 10 2018 Interview with Ray Stata Center for Ethics and Entrepreneurship www ethicsandentrepreneurship org Retrieved 2018 02 11 a b Ray Stata on the evolution of the semiconductor industry McKinsey amp Company Retrieved 2018 02 11 Stata Venture Partners Inc Private Company Information Bloomberg www bloomberg com Retrieved 2018 02 11 Lucent to Buy Nexabit WIRED Retrieved 2018 02 11 Lucent Technologies to Acquire Nexabit Networks www fiberopticsonline com Retrieved 2018 02 11 RAY STATA Humatics www humatics com Retrieved 2018 02 11 IEEE Founders Medal Recipients PDF IEEE Retrieved February 10 2018 MHTC Press Release 2017 Annual Meeting PDF MHTC June 6 2017 Retrieved February 11 2018 Mass High Technology Council Overview Mass High Technology Council Retrieved 2018 02 11 Analog Devices Co Founder and Chairman Ray Stata Bestowed with GSA s Highest Honor Global Semiconductor Alliance October 30 2017 Retrieved February 11 2018 gng9 1996 04 22 Brandt Named to Quality Award Board of Overseers NIST Retrieved 2018 02 11 Economic Evaluation of the Baldrige National Quality Program PDF National Institute of Standards amp Technology October 1 2001 p 12 Connolly James November 8 2010 Stata to head semiconductor association Boston Business Journal Retrieved 2018 02 11 Semiconductor Industry Association Semiconductor Industry Honors Analog Devices Ray Stata with 2001 Noyce Award www semiconductors org Retrieved 2018 02 11 Ray Stata Programs for Professionals MIT Professional Education Retrieved 2018 02 11 Life Members Emeriti The MIT Corporation corporation mit edu Retrieved 2018 02 11 Past Presidents Retrieved 2018 02 11 Reiss Spencer Frank Gehry s Geek Palace WIRED Retrieved 2018 02 11 Campbell Robert April 25 2004 Dizzying heights The Boston Globe Archived from the original on June 24 2004 Retrieved February 11 2018 Trustees of the Boston Symphony Orchestra Inc PDF BSO Retrieved February 11 2018 Gelder Lawrence Van 1999 07 21 Footlights The New York Times ISSN 0362 4331 Retrieved 2018 02 11 External links EditOfficial website Ray Stata interview with McKinsey Retrieved from https en wikipedia org w index php title Ray Stata amp oldid 1120038851, wikipedia, wiki, book, books, library,

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