Sehat Sutardja Explained

Sehat Sutardja
Birth Date:9 July 1961
Birth Place:Jakarta, Indonesia
Death Place:Las Vegas, Nevada, U.S
Nationality:American
Education:Iowa State University (BS)
University of California, Berkeley (MS, PhD)
Known For:Co-founder of Marvell Technology
Children:2

Sehat Sutardja (; July 9, 1961 – September 18, 2024) was an Indonesian-born American billionaire businessman who was the co-founder of Marvell Technology.[1] [2] Marvell was involved with industry segments including data storage, mobile and smart TVs.[3] At the time of his death, Forbes estimated his net worth at US$1.3 billion, making him the 2,390th richest person in the world.[4]

Early life

Sehat Sutardja was born on July 9, 1961, in Jakarta, Indonesia, to a Chinese-Indonesian family.[5] His interest in electronics began early; he became a certified radio repair technician at age 13 and has been designing components and systems ever since.[6]

Sutardja graduated from Canisius College, a high school in Jakarta. Moving to the United States in 1980, he received a Bachelor of Science degree in electrical engineering from Iowa State University. He also held a Master of Science and Doctorate in electrical engineering and computer science from the University of California, Berkeley.[7]

Career

Sehat Sutardja worked at Micro Linear Corp. and Integrated Information Technology.In 1995 he founded Marvell Technology with his wife Weili Dai and brother Pantas Sutardja.[8]

Sutardja has more than 440 patents and was a fellow of the Institute of Electrical and Electronics Engineers (IEEE). In 2004, Sutardja along with fellow Marvell co-founders Dai and Pantas received the Ernst & Young Entrepreneur of the Year award in the networking and communications category.[9] In 2006, he was recognized as the Inventor of the Year by the Silicon Valley Intellectual Property Law Association.[10]

In 2012, Sutardja was awarded the Indonesian Diaspora Lifetime Achievement Award for Global Pioneering and Innovation at the first-ever Congress of Indonesian Diaspora, presented by the Embassy of the Republic of Indonesia.[11] In 2013, Sutardja was selected to join the Junior Achievement Business Hall of Fame.[12] On December 16, 2013, Sehat Sutardja and Dai were honored with the 2013 Dr. Morris Chang Exemplary Leadership Award [13] by the Global Semiconductor Alliance.In 2004, Sutardja was an award recipient for the Northern California Region of the EY Entrepreneur of the Year Award.[14] On July 21, 2015, Sutardja was named "Executive of the Year" by the annual ACE Awards.[15] On April 4, 2016, Sutardja was removed from his position as CEO.[16]

On April 5, 2016, Reuters reported that Sutardja, who was CEO of Marvell Technology Group, along with his wife, Dai, the company's President, had stepped down.[17] Marvell said that an investigation found no fraud but that there was significant pressure from the management on sales to meet revenue targets. The company's audit committee also pointed that some transactions revenue was booked prematurely due to internal controls that were not fully followed.[18]

In 2021, together with his wife, he founded Silicon Box, a Singapore-based semiconductor company that focuses on the design and manufacture of chiplet packaging. The venture-backed company opened a $2billion facility in Tampines in 2023 to produce chiplets for their customers primarily in the artificial intelligence domain.[19] [20]

Causes and philanthropy

Sutardja promoted new green energy efficiency standard for consumer electronics, working with both the U.S. and Chinese governments to establish efficiency performance standards that could produce significant cost and carbon savings. In 2010, he served as the principal founder of the Smart Electronics Initiative, a cross-industry collaborative campaign aimed at increasing awareness for the growing amount of energy consumed by everyday consumer electronics.[21] Launched at Marvell with former Governor Arnold Schwarzenegger in cooperation with the Silicon Valley Leadership Group, the project focused on combatting the rising degree of energy dependence.[22]

Sutardja has also been an active philanthropist, particularly in the areas of green technology and education. He and his wife were early proponents of the One Laptop per Child program, providing the financial support and cutting-edge technology that has enabled the organization to give more than 2 million school-aged children new learning opportunities in developing countries around the world.[23]

In March 2009, Berkeley named one of its university hall's the Sutardja Dai Hall in honor of the Marvell founders following a more than $20 million investment toward the establishment of the college's nano-fabrication laboratory. the hall houses the Center for Information Technology Research in the Interest of Society (CITRIS).[24]

Personal life and death

While at UC Berkeley, Sutardja met Weili Dai in a campus elevator and married her in 1985.[25] Sutardja and his wife Dai had two sons together.[26] Sutardja died on September 18, 2024, in Las Vegas, Nevada, at the age of 63.[27]

External links

Notes and References

  1. Web site: Marvell – Company – Investor Relations – News Release . Investor.marvell.com . April 5, 2016 . March 13, 2017.
  2. Web site: Indonesian Contributions: DID YOU KNOW? – International Focus Magazine.
  3. Web site: Sehat Sutardja: Indonesian that Gain Success in Silicon Valley . Indonesia Berpretasi . October 30, 2010 . August 24, 2013 . dead . https://archive.today/20130702074157/http://www.indonesiaberprestasi.web.id/kisah-motivasi/profil-prestatif/sehat-sutardja-indonesian-people-that-gain-success-in-sillicon-valley/ . July 2, 2013 .
  4. Web site: Forbes Profile: Sehat Sutardja . Forbes . September 19, 2024 . September 19, 2024 . live . https://web.archive.org/web/20240919101351/https://www.forbes.com/profile/sehat-sutardja/ . September 19, 2024 .
  5. Web site: Marvell . Marvell Co-founder and Chief Executive Officer, Dr. Sehat Sutardja Selected for Junior Achievement Business Hall of Fame . September 25, 2024 . www.prnewswire.com . en.
  6. Web site: Perry . Tekla S. . October 29, 2010 . Sehat Sutardja: An Engineering Marvell . IEEE Spectrum.
  7. Web site: Sehat Sutardja, dari Teknisi Radio hingga Jadi Pelopor Semikonduktor Baca artikel CNN Indonesia . Sehat Sutardja, from Radio Technician to Semiconductor Pioneer . CNN Indonesia . September 19, 2024 . id.
  8. News: Herel. Suzanne. Meet the Boss: Weili Dai, Marvell Technology Group . San Francisco Chronicle . August 24, 2013 . June 6, 2011.
  9. Web site: Sehat Sutardja Member Profile. Ernst & Young. April 12, 2013.
  10. News: Asia to become world largest economic region: Marvell . Antara News . June 12, 2011 . May 28, 2012.
  11. Web site: Barack. Sylvie. Marvell CEO named Indonesian diaspora innovator. EE Times. April 12, 2013.
  12. Web site: Marvell Co-founder and CEO Selected for Junior Achievement Business Hall of Fame. HPC Wire. April 12, 2013. dead. https://web.archive.org/web/20130210153632/http://www.hpcwire.com/hpcwire/2013-01-28/marvell_co-founder_and_chief_executive_officer_selected_for_junior_achievement_business_hall_of_fame.html. February 10, 2013.
  13. Web site: Company – Newsroom – Marvell Co-Founders Dr. Sehat Sutardja and Weili Dai Honored with the 2013 Dr. Morris Chang Exemplary Leadership Award by the Global Semiconductor Alliance . Marvell . December 16, 2013 . March 13, 2017.
  14. Web site: Marvell Founders Receive 2004 Ernst & Young Entrepreneur of the Year Award... The Free Library. April 10, 2015. March 13, 2017.
  15. Web site: Marvell CEO Named Exec of Year . EE Times . July 22, 2015 . March 13, 2017.
  16. Web site: Marvell ousts Silicon Valley power couple. San Jose Mercury News. April 5, 2016. April 17, 2018.
  17. News: April 5, 2016. Chipmaker Marvell's CEO, president stepping down. en. Reuters. April 12, 2021.
  18. News: Goliya. Kshitiz. March 1, 2016. Marvell says audit committee finds no accounting fraud. en. Reuters. April 12, 2021.
  19. News: Wang . Catherine . February 16, 2024 . Chipping In: Billionaire-Founded Unicorn Startup Makes Semiconductor 'Chiplets' For The AI Boom . Forbes . https://archive.today/20240216145250/https://www.forbes.com/sites/catherinewang/2024/02/16/chipping-in-billionaire-founded-unicorn-startup-makes-semiconductor-chiplets-for-the-ai-boom/ . February 16, 2024 . live . subscription.
  20. News: Chong . Claudia . January 9, 2024 . Singapore chip start-up Silicon Box turns unicorn, hitting US$1 billion in valuation . The Straits Times.
  21. Web site: Governor Schwarzenegger Joins Marvell in Smart-Electronics Initiative. September 8, 2010. Benzinga. April 16, 2013.
  22. Web site: Governor Schwarzenegger Joins Marvell in Launching the Smart-Electronics Initiative.(Company overview). https://archive.today/20130629120151/http://www.highbeam.com/doc/1G1-237658939.html. dead. June 29, 2013. April 16, 2013.
  23. Web site: worldwide over 2.4 million children and teachers have xo laptops. One Laptop per Child. April 16, 2013.
  24. News: UC Berkeley building named for Marvell founders . McGrath . Dylan . EE Times . March 6, 2007.
  25. Web site: April 7, 2010 . Lessons in family, business success . Shanghai Daily.
  26. Web site: Meet the Boss: Weili Dai, Marvell Technology Group . June 6, 2011 . SFGate . Herel . Suzanne.
  27. Web site: Marvell Technology's billionaire co-founder, Sehat Sutardja, has died . September 18, 2024 . MarketWatch . Goss . Louis.