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AMD's W.J. Sanders III to Receive Prestigious AeA Medal of Achievement

(August 02, 2001)
AeA, the nation's largest high-tech industry association, announced that W.J. Sanders III, co-founder of Advanced Micro Devices (AMD), will receive its 2001 Medal of Achievement. Sanders joins a select group of high-tech leaders who have received the honor, including William Hewlett and David Packard of Hewlett Packard, Ross Perot of Electronic Data Systems, Thomas J. Watson, Jr. of IBM and Gordon Moore and Andrew Grove of Intel.

Sanders will be the 48th recipient of the coveted award which will be presented at AeA's annual dinner to be held October 4 at the Fairmont Hotel in San Jose, California. Known for his energy and memorable sound bites, Sanders' contributions to the valley and high-tech industry span more than three decades. Sanders is founder of AMD, a pioneer of the semiconductor industry and high-tech marketing genius. He is credited with strategically guiding AMD to the preeminent position it holds today in microprocessor and flash memory products. Under his leadership, AMD has grown from a living room-housed start-up to a global corporation with revenues of $4.6 billion in 2000.

"People first, products and profits will follow," Sanders said in 1975, in words that became an AMD mantra. This philosophy has continued to prove true for a third of a century. AMD was included in a book listing "The 100 Best Companies to Work for in America" in 1984.

As chief executive officer and chairman of the board, Sanders has led AMD since its beginning 32 years ago. Next year, Sanders plans to step down from his position as CEO yet remain active in the capacity of board chairman.

Sanders is a cofounder of several prominent industry organizations including the Semiconductor Industry Association, the Santa Clara Manufacturing Group (now known as the Silicon Valley Manufacturing Group), the Semiconductor Research Corporation and the Microelectronics and Computer Technology Corporation.

"Jerry Sanders epitomizes the creative, engaged and innovative spirit of the Silicon Valley and high-tech industry," said William T. Archey, AeA President and CEO. "For over thirty years he has shaped industry affairs, both nationally and locally, and been an active participant in his community. It is AeA's great privilege to honor Jerry Sanders and his contributions to the high-tech industry."

Between Sanders' graduation from the University of Illinois in 1958 with a BS in Electrical Engineering, and founding AMD in 1969, Sanders held positions with Douglas Aircraft Co., Motorola Semiconductor, and the Fairchild Camera and Instrument Corporation.

In 1998, Sanders received the coveted semiconductor industry association's Robert N. Noyce award. The Wall Street Transcript named him 'Best Chief Executive Officer' in the semiconductor industry for the years 1983, 1984 and 1985 and runner-up in 1991. AMD was also called the 'Comeback Company of the Year' by Electronic Business in 1991.

"AeA's Medal of Achievement honors dynamic, concerned leadership, at the company, industry, community and national levels," Archey explained. "Jerry Sanders exemplifies this. AeA and the technology industry salute him."

AeA's Annual Dinner is held to recognize the strength and diversity of AeA and the high-tech industry both in Silicon Valley and in the rapidly growing technology communities throughout the United States. For more information about the dinner, visit AeA's website, www.aeanet.orgor call 1-800-284-4232.

Advancing the business of technology, AeA is the nation's largest high-tech trade association. Founded in 1943, AeA has more than 3,500 member companies that span the high-technology spectrum, from software, semiconductors and computers to Internet technology, advanced electronics and telecommunications systems and services. With 18 regional U.S. councils and offices in Brussels and Beijing, AeA offers a unique global policy grassroots capability and a wide portfolio of valuable business services and products for the high-tech industry. AeA has been the accepted voice of the U.S. technology community for 58 years.

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