NEW YORK Pasquale Pistorio, the honorary chairman of STMicroelectronics, will be in San Jose, Calif. next Tuesday (April 27th) to receive the Life Time Achievement Award at the EE Times' Annual Creativity in Electronics (ACE) Awards
Honorary Chairman, STMicroelectronics
The Life Time Achievement Award is EE Times editors' choice. Our editors overwhelming voted for Pasquale.
Pasquale Pistorio is a chief executive's chief executive. He is what we would all wish for in a boss.
Pasquale stands out because he shows no sign that he has ever had media training. He says what's on his mind and doesn't flinch from consequences. Fortunately, because he has always known what he was talking about, those consequences have always tended to be positive — even when they got him in trouble, for a while.
Moreover, he faithfully and respectfully gives his full attention to anyone who comes to see him. He is the rare business big shot who is eager to talk about not just business, but new technology, and to reveal his dreams and his concerns for the society beyond his corner office. He has generously shared his joie de vivre with us, and he tends to dazzle almost anyone who comes within range.
In a nutshell, Pasquale has set a formidable example — by showing us all what one can accomplish in one lifetime, if that lifetime is devoted to true leadership, lived with unmatched energy and driven by an undying passion for people, ethical business practices and social justice.
The most notable among all his achievement is Pasquale's commitment to the earth's environment.
Pasquale was the first in the entire semiconductor industry to promote the idea of "sustainable business," long before being green became fashionable.
Pasquale not only preached the idea, but — starting in mid 90's — actually practiced what probably is the most advanced environmental-care program of the industry at STMicroelectronics.
Pasquale often told us: "Caring for the environment is not only compatible with our business scope, but also gives us a competitive advantage." He noted, already in 2002, that on average ST's investments for ecology have a payback time of 2 ½ years.
He has inspired us, and he has inspired the entire industry.
Another major Pasquale's achievement has been the creation of a truly global entity at STMicroelectronics. It is no overstatement that the successful integration of SGS, the only Italian microelectronics company, with the French semiconductor company, Thomson Semiconductor, back in 1987 wouldn't have happened without Pasquale's patience, tenacity and his great sensitivity for cultural diversity.
Pasquale once wrote in EE Times that the challenge of grasping and managing cultural diversity is at the root of success or failure for any international enterprise.
He said, "In accepting the inescapable nature of globalization and identifying the opportunities it brings, we must at the same time exploit the full value of the differences among the various cultures within the enterprise and the various geographical markets where it operates. Elements that might put the brakes on development must be turned instead into elements of competitive edge."
More than 20 years ago, before everyone in the business world started bandying the cliche, "The World is Flat," Pasquale was already truly a citizen of the world — a leading citizen! Advocating his various passions with charm and finesse, he has shown us a way to live, to work, to play and to prosper in the global village.