Stan Shih is Chairman, CEO, and co-founder of the Acer Group. Shih is also an advisor to the ROC Presidential office; one of the National Advisors of `Malaysia's Multi-Superhiway Corridor'; one of the five members on the ROC Space Program Steering Committee; a governor of the Asian Institute of Management (AIM); former chairman of the Taipei Computer Association(TCA); founder and honorary chairman of the Brand International Promotion Association (BIPA); and head of the National Information Infrastructure (NII) Advisory Board.
Shih started his career at Unitron Industrial Corporation in1971. During his time there, Shih successfully designed, developed and commercialized Taiwan's first desktop calculator. Later in1972, Shih helped establish Qualitron Industrial Corporation, where he led the team that designed the world's first pen watch.
In June of 1976, together with four partners, Shih co-founded Multitech International Corporation, the forerunner of Acer. Multitech was dedicated to the development of microcomputer and microprocessor-based technologies. With 1997 sales of over US$6.5 billion, Shih has led Acer to become the 8th largest supplier of brand name PC products worldwide and the only non-Japanese Asian company the among the world's top-ten PC manufacturers.
Shih is often featured in industry and business media worldwide. In 1997, Shih was on the cover of Asiaweek's "Business Hall of Fame," November 7th edition and on the cover Fortune magazine's "Asia's Wealth Creators Confront a New Reality," December 8th edition. In 1996, Shih was selected by BusinessWeek as one of "The 25 Top Managers of the Year" for 1995, saying "... Acer Chairman and CEO Stan Shih solidified his position in 1995 as Asia's paramount entrepreneur." Later that year both BusinessWeek and Far Easter Economic Review featured Shih on the cover of their respective publications.
Shih has been nominated by a committee of faculty and students to receive the Marshall School's 1997 International Award for Business Excellence. This award was presented to Shih on January 21, 1998 at USC. In November 1997, Shih received the Chiang Technology Award sponsored by the Hong Kong Special Administrative Region for his extraordinary contribution to the advancement of machinery and the manufacturing in China, Hong Kong and Taiwan. In 1995, World Executive's Digest named Shih one of "The best managers of the past 15 years," and Financial World honored him as an "International CEO of the Year." That same year Shih received the "1995 Emerging Markets CEO of the Year Award" presented during the annual joint meeting of the International Monetary Fund and the World Bank in Washington, DC. Shih received the award for being a CEO whose vision and company performance can serve as the best model for other companies from emerging markets around the world."
In a special issue in 1989, Fortune chose Shih as one of "25 People You Ought to Know for Doing Business in Asia, "stating, Shih has created the first Asian company beyond Japan to score big with innovative computer products under its own brand."
In 1988, Stan Shih was ranked by Micro Times as one of the 100 influential people in the US information industry. He is the only representative of a non-US company to be given such an honor. He was further presented the CIE Engineering Medal in 1988,the highest engineering honor in Taiwan, by the Chinese Institute of Engineers, and the Management Medal by the Chinese Management Association for his contribution to the development of Taiwan's information industry.
In 1987, Shih was presented the CIE/USA Distinguished Achievements Award by the Chinese Institute of Engineers, USA, for his significant contributions toward technological development in the R.O.C. In 1983, Shih was voted one of the Ten Most Outstanding Young Persons in the World by the International Jaycees for his contribution to computer technology in the R.O.C.
Shih has also received the Hall of Fame award from the Greater Los Angeles World Trade Center Association in recognition ofhis individual and corporate contributions to world trade and commerce. He was also named "The Most Outstanding M.I.T. (Made In Taiwan) Public Spokesman, 1993" for his untiring efforts in raising Taiwan's image on the world stage, and has received the honorary Dato' title from the state of Penang, Malaysia for the contributions both he and Acer have made to the region's high-tech and economic development. Shih was also inducted into the Dealerscope Hall of Fame for his success in building up Acer's presence in US retail channels.
Born in 1944, Shih has BSEE, MSEE, and honorary EE Ph.D. degrees from National Chiao Tung University in Taiwan. Shih was awarded an Honorary Degree of `Doctor of Technology' by The Hong Kong Polytechnic University on Nov. of 1997. In July, 1998, Shih received 'Honorary Fellowship' degree from University of Wales, Cardiff. Shih lives in Taipei with his wife and three children
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