Jerre L. Stead became Executive Chairman of IHS Inc. December 1, 2000. He led IHS to a very successful IPO in November 2005. IHS is the global leader in its industry. He served as chairman and CEO from September 2006 to June 2013, when he returned to executive chairman. IHS has provided its shareowners a 31 percent CAGR since its IPO. The company has grown from $470 million to $2.2 billion since going public.
He joined Ingram Micro in 1996 as Chairman and CEO with a proven track record and is characterized as having great vision and global expertise. Mr. Stead took Ingram Micro public on November 1, 1996, which, at that time, was the largest IPO in history for a technology company. Under his leadership Ingram Micro grew from an $8 billion dollar company to a $30 billion dollar company doing business in over 120 countries. The company was number 41 in the Fortune 500 for the year 2000.
Mr. Stead began his career in 1965 at Honeywell, Inc., where he spent 21 years and held a number of executive management positions in the United States and Europe. Mr. Stead was the Chairman and CEO of Honeywell-Phillips Medical Electronics from September 1980 to June 1982. He returned to the United States as a group executive of the Homes and Buildings organizations in July 1982.
In 1987, he was named President and COO of the Square D Company, a leading manufacturer of electrical distribution and factory automation products. He was promoted to Chairman, President and CEO in 1988 and served in that capacity through 1991.
In 1992, Mr. Stead was named Chief Executive Officer of AT&T Global Business Communications Systems. He was promoted to Executive Vice President of AT&T and Chairman and CEO of AT&T Global Information Solutions (NCR Corporation) in 1993. He was a member of AT&T Management Executive Committee. During this time Mr. Stead was also the chairman of NCR Japan, a publicly traded company.
In January 1995, Mr. Stead left AT&T to become Chairman and CEO of Legent Corporation. He resigned eight months later after a successful merger with Computer Associates providing the companies shareowners with an annualized return of 500 percent.
Mr. Stead is a graduate of the University of Iowa where he earned his BBA, and of the Harvard University Advanced Management Program in Switzerland. Mr. Stead has been on 34 corporate boards during his career. In 2009 he was chosen as an outstanding director, one of 55 in the last 10 years by the Financial Times.
Mr. Stead has chaired 16 capitol drives for nonprofit organizations. Currently he serves on the Salk Institute Board of Directors, and is Chairman of the Banner Alzheimer’s Institute as well as Chairman of the board of Garret evangelical seminary. He is a past Chairman of the National Electronic Manufacturers Association and the Center of Ethics and Values at the Garrett Seminary