To some extent, I am the Frankenstein monster of Rick Snyder's creation. Rick founded Ardesta LLC in Ann Arbor, Mich., to launch and invest in "small tech" companies -- initially MEMS and microsystems, but eventually came to include nanotechnology as well. To help promote the industry, Rick launched Small Times Magazine, which had the misfortune of hiring me in 2001. I wish Rick well as chairman of Gateway. He is a rare business leader in that he truly is a visionary. I have him to thank for the direction my career has taken -- for better or for worse -- and I will always be grateful to him for helping me to see the future.
Gateway Names Snyder to Succeed Waitt as Chairman (Wall Street Journal, subscription required)
- Gateway Inc. named board member Richard Snyder as chairman, succeeding company founder Ted Waitt.
Mr. Waitt, who co-founded the personal-computer maker in an Iowa farmhouse 20 years ago and oversaw its rise to become the third-largest U.S. PC company by sales, resigned Thursday as chairman and a director at the company's annual stockholder meeting. The 42-year-old remains Gateway's largest individual investor.
Mr. Snyder, who has been a director since 1991, served as Gateway's president and chief operating officer from January 1996 to August 1997. He currently is chief executive of Ardesta LLC, a maker of small technology products based in Ann Arbor, Mich. More here
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