Mark Shepherd (businessman)
Mark Shepherd Jr. (January 18, 1923 – February 4, 2009)[1] was the chairman and chief executive officer of Texas Instruments. He was in attendance at the demonstration of the integrated circuit by Jack Kilby on September 12, 1958.[2]
Biography
Shepherd was born in
Following the completion of his military service, Shepherd worked for General Electric and the Farnsworth Television and Radio Corporation, a firm established by television pioneer Philo Farnsworth.[3]
Texas Instruments
He was hired by
After obtaining the licensing agreement, Shepherd built a team to produce working transistors. In 1958, he was the head of the semiconductor team as Jack Kilby invented the integrated circuit, which Texas Instruments used in the development of the company's hand-held calculators, printers and personal computers, as well as toys.[3]
Shepherd spearheaded the company's international expansion, opening semiconductor fabrication plants overseas, including in Japan. His focus on cutting costs to keep the company competitive led to the implementation of computer-aided methods for manufacturing semiconductor-based products. With increasing competition later in his career from Asian suppliers, Shepherd shifted Texas Instruments away from consumer products and focused on semiconductor technology.[3]
He was the company's chief engineer and chief operating officer before being named as chief executive officer in 1969. He was named as the firm's CEO in 1976, serving in that role until 1988.[3]
Author Michael Malone described Shepherd as someone who "drove T.I. into world leadership not only in semiconductors, but took the chip industry into consumer electronics with calculators, digital watches and toys where Texas Instruments dominated even companies like Hewlett-Packard and Intel".[3]
Post-retirement
Following his retirement, he and his wife moved to their ranch in
Shepherd died at age 86 on February 4, 2009 at his ranch in Quitman due to complications of pulmonary fibrosis. He was survived by his wife, Mary Alice, two daughters, son and three granddaughters.[3]
References
- ^ Dallas Morning News, February 5, 2009. Accessed February 13, 2009.
- ^ Alfred, Randy (September 12, 2008).Sept. 12, 1958: Kilby Chips In, Integrates Circuit Wired.
- ^ a b c d e f g h i Vance, Ashlee. "Mark Shepherd, a Force in Electronics, Dies at 86", The New York Times, February 9, 2009. Accessed February 10, 2009.