Age, Biography and Wiki
Gil Amelio (Gilbert Frank Amelio) was born on 1 March, 1943 in New York City, New York, U.S., is an American technology executive. Discover Gil Amelio's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 81 years old?
Popular As |
Gilbert Frank Amelio |
Occupation |
Computer science, businessman |
Age |
81 years old |
Zodiac Sign |
Pisces |
Born |
1 March, 1943 |
Birthday |
1 March |
Birthplace |
New York City, New York, U.S. |
Nationality |
United States
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We recommend you to check the complete list of Famous People born on 1 March.
He is a member of famous CEO with the age 81 years old group.
Gil Amelio Height, Weight & Measurements
At 81 years old, Gil Amelio height not available right now. We will update Gil Amelio's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
Family |
Parents |
Not Available |
Wife |
Not Available |
Sibling |
Not Available |
Children |
Not Available |
Gil Amelio Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Gil Amelio worth at the age of 81 years old? Gil Amelio’s income source is mostly from being a successful CEO. He is from United States. We have estimated Gil Amelio's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
CEO |
Gil Amelio Social Network
Instagram |
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Wikipedia |
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Imdb |
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Timeline
Gilbert Frank Amelio (born March 1, 1943) is an American technology executive.
Amelio worked at Bell Labs, Fairchild Semiconductor, and the semiconductor division of Rockwell International, and was also the CEO of National Semiconductor and Apple Computer.
Amelio grew up in Miami, Florida, of Italian born parents, and graduated from Miami High School.
He received a bachelor's degree, master's degree, and PhD in physics from the Georgia Institute of Technology.
While at Georgia Tech, Amelio was a member of the Pi Kappa Alpha fraternity.
Amelio joined Bell Labs as a researcher in 1968.
In 1970, Amelio was on the team that demonstrated the first working charge-coupled device (CCD).
He moved to Fairchild Semiconductor in 1971, where he led the development of the first commercial CCD image sensors in the early 1970s, and in 1977 became head of the MOS division.
He worked his way up to president of the semiconductor division of Rockwell International, and then its communications systems division.
Amelio joined National Semiconductor as president and chief executive in February 1991.
He received the IEEE Masaru Ibuka Consumer Electronics Award in 1991 for contributions to the development of the charge-coupled device (CCD) image sensors in consumer video cameras.
He has been awarded 16 patents.
He was a contributor to the report An American Imperative (1993), and author of the books Profit from Experience (1995, ISBN 978-0471287049) and On the Firing Line: My 500 Days at Apple (1998, ISBN 978-0887309199).
In 1994 Amelio joined the board of directors of Apple.
After his resignation from National Semiconductor, Amelio became Apple CEO on February 2, 1996, succeeding Michael Spindler.
His salary was a reported $990,000 plus bonuses and a $5 million loan.
He also received approximately $100,000 for the use of his business jet by Apple the previous year according to the section "Certain Transactions" in the Apple Proxy Statement for 1996.
Amelio cited several problems at Apple including a shortage of cash and liquidity, low-quality products, lack of a viable operating system strategy, undisciplined corporate culture, and fragmentation in trying to do too much and in too many directions.
To address these problems Amelio cut costs, reduced Apple's work force by one third, discontinued the Copland operating system project, and oversaw the development of Mac OS 8.
To replace Copland and fulfill the need for a next generation operating system Amelio started negotiations to buy BeOS from Be Inc. but negotiations stalled when Be CEO Jean-Louis Gassée demanded $275 million; Apple was unwilling to offer more than $200 million.
It was reported that Amelio's contract gave him about $3.5 million in severance pay, after a $2.3 million performance bonus in 1996.
Since 1996 he has been an advisor to the Malaysia Multimedia Super Corridor and to Malaysia's Prime Minister.
In November 1996 Amelio started discussions with Steve Jobs's NeXT, and bought the company on February 4, 1997, for $400 million.
During Amelio's tenure Apple's stock continued to slump and hit a 12-year low in Q2 1997 that was at least partially caused by a single sale of 1.5 million shares of Apple stock on June 26 by an anonymous party who was later confirmed to be Steve Jobs.
Apple lost another $708 million.
On the July 4, 1997 weekend, Jobs convinced the directors to oust Amelio in a boardroom coup; Amelio submitted his resignation less than a week later; and Jobs then became interim CEO on September 16.
Jobs later quoted Amelio as having said:
Apple is like a ship with a hole in the bottom, leaking water, and my job is to get the ship pointed in the right direction.
Since 1998 Amelio has been a venture capitalist.
In February 2001, Amelio became CEO of Advanced Communications Technologies (ADC).
ADC is the United States arm of an Australian firm that has developed a product for the wireless communications industry called SpectruCell.
He became senior partner at Sienna Ventures in Sausalito, California in May 2001.
In June 2003 he was named chairman of the board of Ripcord Networks; where he joined Steve Wozniak, Ellen Hancock, and other Apple alumni.
Amelio was a board member of AT&T Inc., Pacific Telesis, Chiron Corporation, Sematech, InterDigital, and Georgia Tech (as chairman), as well as a trustee of the American Film Institute.
Acquicor acquired Jazz Semiconductor in early 2007, and sold it in 2008 for a loss.
Amelio was a director and chairman of the Semiconductor Industry Association.
In November 2020, Amelio joined the board of directors for Nashville-based augmented reality startup VideoBomb.
Amelio joined the board of directors for Computer Museum of America in September 2023.
Amelio is an IEEE Fellow.