UI to Confer Honorary Doctorate to Stead
The University of Iowa will bestow an honorary doctorate degree on UI benefactor and alumnus Jerre Stead this spring. The Iowa Board of Regents voted unanimously today to grant the honor, which will be presented during Tippie undergraduate commencement on May 15.
A Maquoketa native, Stead received his Bachelor of Business Administration degree from the University in 1965 and began a long career in leading high-tech and information companies.He currently is chairman and CEO of IHS Inc. He previously served as chairman and CEO of Ingram Micro, Legent Corporation, Square D Company, and Honeywell-Phillips Medical Electronics. He also served as executive vice president of AT&T and president and CEO of AT&T Global Information Solutions.
He has been a generous contributor to the University, particularly to the Tippie College of Business, where his gifts have established one of the largest computer labs and technology service groups on campus. The Stead Technology Services Group (STSG) in Tippie bears his name, and he serves on the Tippie Board of Visitors and teaches a class on policy and strategy every year in the Tippie Executive MBA Program.
Stead also is co-chair of the fundraising campaign for the University's academic medical center with his wife, Mary Joy, who is a member of the UI Foundation board of directors.
He has served on 34 corporate boards during his career. In 2009, the Outstanding Directors Exchange honored him as one of the Outstanding Directors. He currently serves on the boards of directors of Brightpoint, Inc., and Mindspeed Technologies, Inc. He chairs the Alzheimer's Research Institute and the Garrett-Evangelical Seminary at Northwestern University, and serves on the Salk Institute Board of Directors.
He has been profiled in such publications as Forbes and Bloomberg Businessweek as an executive who values the people who work in his business and as a business leader for whom ethics and values are an important part of how a company operates.
"Jerre Stead has used his University of Iowa education to build great companies that develop innovative new technologies and employ thousands of Americans, but most importantly he's done it with integrity, humanity, and humility," said UI President Sally Mason. "He has given back to the University his time, expertise, and financial resources, happily sharing what he can offer with students and faculty across the campus."
Contact: Tom Snee, UI News Services, 319-384-0010