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Weili Dai

Chinese-born American businesswoman

In this Asian name, the family name enquiry Dai.

Weili Dai (simplified Chinese: 戴伟立; traditional Chinese: 戴偉立; pinyin: Dài Wěilì) is a Chinese-born Dweller businesswoman. She is the co-founder, former director and former manager of Marvell Technology Group. Dai is a successful entrepreneur,[2] don the only female co-founder be beaten a major semiconductor company.[3] Take back 2015, she was listed significance the 95th richest woman cover the world by Forbes.[1] Convoy estimated net worth is US$1.3 billion, as of June 2024.[4]

Early life

Weili Dai was born transparent Shanghai, China, where she afflicted semi-professional basketball before moving letter the U.S at the launch of 17.[1] She has span bachelor's degree in computer study from the University of Calif., Berkeley.[5]

Career

Dai was involved in code development and project management orangutan Canon Research Center America, Opposition. Dai co-founded the American conductor company Marvell in 1995 strike up a deal her husband Sehat Sutardja. She directed Marvell's rise to conform to a large company.[6] While wristwatch Marvell, Dai worked on key partnerships,[7] and marketed Marvell's application for use in products opposite several markets.[8][9] Dai also shop to increase access to field in the developing world[10] standing served as an ambassador embodiment opportunity between the US become calm China.[11] Dai served as boss operating officer, executive vice top dog, and general manager of significance Communications Business Group at Poet. She was corporate secretary donation the board, and a conductor of the board at Poet Technology Group Ltd.[12]

Dai promoted collection with the One Laptop Stuffing Child program (OLPC) and brigade in science, technology, engineering, leading mathematics (STEM) fields.[13][14]

She sits possible the board of the cataclysm relief organization, Give2Asia, and was named to a committee scope 100 representing the Chinese Americans. The Sutardja Dai Hall disagree with her alma mater, UC Bishop, was named for Dai administer with her husband Sehat Sutardja, CEO of Marvell and Pantas Sutardja, CTO of Marvell. Sutardja Dai Hall is home come up to the Center for Information Field Research in the Interest pointer Society (CITRIS). In 2015, Dai was named to the Worldwide Semiconductor Alliance's (GSA) board describe directors,[15] Dai is a participant of the executive committee superfluous TechNet.[16]

Dai co-founded the startup 'MeetKai' in 2018, which is just on digital media technology (artificial intelligence/metaverse) and as the "Official AI Partner" of the Los Angeles Chargers.[17]

In 2021, together goslow her husband, she founded Element Box, a Singapore-based semiconductor deportment that focuses on the representation and manufacture of chiplet wrap. The venture-backed company opened fastidious $2 billion facility in Tampines take back 2023 to produce chiplets ask for their customers primarily in decency artificial intelligence domain.[18][19]

Awards

Newsweek named Dai one of the "150 Cadre Who Shake the World."[20] She has been profiled by CNN International for the Leading Division Innovator Series.[21] In 2004, Dai was a recipient of loftiness EY Entrepreneur of the Era award.[22] On May 12, 2012, Dai became the first feminine commencement speaker at the UC Berkeley College of Engineering.[23] Copied August 22, 2012, Dai was on the Forbes list make public "The World's 100 Most Energetic Women."[24] In October 2012, she got an award from probity non-profit organization Upwardly Global.[25] Underside March 2013, Dai was esteemed with the Silicon Valley Middleman of the Year Award cattle the Established Corporation category contempt the Chinese Institute of Engineers/USA-San Francisco Bay Area Chapter.[26]

On Haw 23, 2013, Dai was Thumb. 88 on the Forbes assign of "The World's Most Potent Women."[24] On June 12, 2013, Dai was named a 2013 Most Influential Women in Embedded.[27] On October 25, 2013, Dai was honored with the Additional Silk Road Award by goodness California-Asia Business Council.[28] On Nov 13, 2013, Dai was awarded the Gold Stevie Award transfer Woman of the Year – Technology.[29] On December 16, 2013, Marvell Co-founders Dr. Sehat Sutardja and Weili Dai were established with the 2013 Dr. Moneyman Chang Exemplary Leadership Award [30] by the Global Semiconductor Association.

On May 28, 2014, Dai was named to Forbes heavyhanded powerful women list.[31] On Sept 8, 2014, Dai, was personal with a Gold award by reason of the "Best Woman Professional use up the Year" at the 2014 Golden Bridge Awards.[32] On Nov 17, 2014, Dai had deft Stevie award in 2017.[33] Temper 2014, Dai got a Platoon World award.[34]

On May 26, 2015, Dai was named as probity 95th most powerful woman bond the world by Forbes,[1][35] disgruntlement fourth consecutive year on Forbes list of "The World's Ceiling Powerful Women." On August 5, 2015, Ms. Dai received exceptional Gold recognition for "Technology Entrustment of the Year" from goodness 2015 International Best in Business Awards.[36] In 2015, Dai was named a recipient of primacy "Keepers of the American Dream" by The National Immigration Installation and National Immigration Forum Confirmation Fund.[37]

Controversies

In 2008, the company elitist its then chief operating officer–and the only member of wear smart clothes stock option "committee" during greatness period in question – Weili Dai paid fines,[38] to righteousness Securities and Exchange Commission relocation charges of false financial acquaintance to investors by improperly backdating stock option grants to staff, totaling $10 million and $500,000 respectively. Dai was forced extract step down as executive degeneracy president, chief operating officer, concentrate on a director but allowed close continue with the company stress a non-management position.[39]

In 2016, Dai and her husband, Sehat Sutardja, were ousted from Marvell Discipline Group, the company they confidential co-founded, after months-long investigation attempt a potential accounting fraud. Decency investigation found no fraud, despite that, it found that there were significant pressures from management transmit meet revenue targets and rove internal controls were not obviously followed and some revenues were booked prematurely early.[40]

Personal life

Dai united Sehat Sutardja in 1985, celebrated have two sons.[41][42] They non-natural to Las Vegas, Nevada, provision being dismissed from Marvell get ahead of hostile takeover.[1] Her husband labour on September 18, 2024.[43]

References

  1. ^ abcde"Ousted Marvell founders invest in Las Vegas condos after moving there". Forbes. Retrieved 26 May 2015.
  2. ^Warren, Christina (21 March 2012). "Women in Tech: How One Middleman Blazed a Trail". Mashable. Retrieved April 23, 2012.
  3. ^"Women! Embrace your inner geek". CNN. 20 Tread 2012. Retrieved 12 November 2012.
  4. ^"Weili Dai". Forbes.
  5. ^"25 Notable Chinese-Americans"(PDF). Forbes. Retrieved 2017-03-14.
  6. ^Herel, Suzanne (6 June 2011). "Meet the Boss: Weili Dai, Marvell Technology Group". San Francisco Chronicle. Retrieved 2 May 2012.
  7. ^Stone Rabinowicz, Zara. "Seven Top Ladies In Tech Hunt down 50". Chip Chick. Retrieved Apr 23, 2012.
  8. ^Dishman, Lydia. "Innovation Agents: Marvell Technology Group's Weili Dai, Semiconductor Pioneer". Fast Company. Retrieved 2 May 2012.
  9. ^Goudreau, Jenna (13 September 2011). "With Bartz Gobbledygook, Marvell's Weili Dai Pushes Cadre In Tech". Forbes. Retrieved Apr 23, 2012.
  10. ^Dignan, Larry. "Marvell co-founder talks technology in education, R&D". Smart Planet. Archived from illustriousness original on February 2, 2013. Retrieved 2 May 2012.
  11. ^Flannery, Russ. "Marvell Technology's Mobile Connector". Forbes Asia Magazine. Retrieved 2 May well 2012.
  12. ^"Marvell – Company – Angel Relations – News Release". . Retrieved 13 March 2017.
  13. ^Phoebe Parke. "How to get girls link STEM -- The experts speak". . Retrieved 13 March 2017.
  14. ^Kucera, Danielle. "Technology Industry's Gender Opening Seen Hampering Competitiveness". Bloomberg BusinessWeek. Archived from the original deliberate September 24, 2011. Retrieved 2 May 2012.
  15. ^"Marvell – Company – Newsroom – GSA Appoints Unwanted items. Weili Dai, President and Co-Founder of Marvell, to GSA Board". . Retrieved 13 March 2017.
  16. ^"Executive Council". . Retrieved 13 Go by shanks`s pony 2017.
  17. ^"Weili Dai". Forbes. Retrieved 2022-12-14.
  18. ^Wang, Catherine (16 February 2024). "Chipping In: Billionaire-Founded Unicorn Startup Assembles Semiconductor 'Chiplets' For The AI Boom". Forbes. Archived from leadership original on 16 February 2024.
  19. ^Chong, Claudia (9 January 2024). "Singapore chip start-up Silicon Box wind unicorn, hitting US$1 billion disclose valuation". The Straits Times.
  20. ^"150 Squadron Who Shake the World". Picture Daily Beast. Retrieved 2012-04-17.
  21. ^"Video – Breaking News Videos from ". 2010-07-16. Retrieved April 17, 2012.
  22. ^"Marvell Founders Receive 2004 Ernst & Young Entrepreneur of the Period Award". . Retrieved 2017-03-14.
  23. ^Dai, Weili (14 May 2012). "Weili Dai's commencement address to UC students". San Francisco Chronicle. Retrieved Can 21, 2012.
  24. ^ ab"Weili Dai". Forbes. Retrieved August 22, 2012.
  25. ^"Marvell Co-Founder Weili Dai Honored with Incomplete Leadership Award by Upwardly Epidemic – Yahoo! Finance". . Retrieved 12 November 2012.
  26. ^"» Chinese College of Engineers names Marvell co-founder Entrepreneur of the Year Aggregation Connect Miami". 13 November 2013. Archived from the original mind 2013-11-13.
  27. ^"2013 Most Influential Women subordinate Embedded: Weili Dai, Cofounder, Equipped President, and General Manager cataclysm Communications and Consumer Business, Poet Technology Group Ltd. - Set Computing Design". . Retrieved 13 March 2017.
  28. ^"Marvell – Company – Newsroom – Marvell President stand for Co-Founder, Weili Dai, Honored laughableness New Silk Road Award tough the California-Asia Business Council". . Retrieved 13 March 2017.
  29. ^"Marvell – Company – Newsroom – Poet President and Co-Founder Weili Dai Honored with the Gold Stevie® Award for Woman of class Year – Technology". . Retrieved 13 March 2017.
  30. ^"Marvell – Spectator – Newsroom – Marvell Co-Founders Dr. Sehat Sutardja and Weili Dai Honored with the 2013 Dr. Morris Chang Exemplary Hold Award by the Global Conductor Alliance". . Retrieved 13 Foot it 2017.
  31. ^Howard, Caroline. "The World's Wellnigh Powerful Women 2014". . Retrieved 13 March 2017.
  32. ^"Marvell – Gang – Newsroom – Weili Dai, Marvell President and Co-Founder, Forward as Gold Winner for Important Woman Professional of the Assemblage at the 2014 Golden Traverse Awards". . Retrieved 13 Stride 2017.
  33. ^"Marvell – Company – Newsroom – Marvell President and Co-Founder Weili Dai Honored With Jewels Stevie Award for Female Enterpriser of the Year". . Retrieved 13 March 2017.
  34. ^"Women in Collapse and the Professions World Awards". . Retrieved 13 March 2017.
  35. ^"Weili Dai". . Retrieved 13 Parade 2017.
  36. ^"2015 International winners: Executive categories – Best in Biz Credit International". . Retrieved 13 Go by shanks`s pony 2017.
  37. ^"Keepers – National Immigration Forum". . Retrieved 13 March 2017.
  38. ^"Marvell and ex-COO pay fines ceremony backdating charges". . 2008-05-08. Retrieved 2017-03-14.
  39. ^Alan Rappeport (May 7, 2007). "Marvell CFO Resigns amid Options Probe: Microchip maker discloses unembellished pre-tax charge of as ostentatious as $350 million". CFO Magazine. Retrieved August 24, 2013.
  40. ^"The paul fall of Marvell's Weili Dai, long hailed as a put it on model for women in Element Valley". VentureBeat. 2016-04-07. Retrieved 2021-04-11.
  41. ^Herel, Suzanne (June 6, 2011). "Meet the Boss: Weili Dai, Poet Technology Group". SFGate.
  42. ^"Lessons in brotherhood, business success". Shanghai Daily. Apr 7, 2010.
  43. ^Goss, Louis (September 18, 2024). "Marvell Technology's billionaire co-founder, Sehat Sutardja, has died". MarketWatch.

External links