Teradyne Executive to Chair MIT Corporation
MIT News Office
Alexander V. d'Arbeloff '49
By Zareena Hussain
At its Friday meeting, the MITCorporation elected Alexander V. d'Arbeloff '49 to succeed Paul E. Gray '54 as chairman beginning July 1, 1997.
The chairman heads the MITCorporation, which acts as the Institute's board of trustees. The Corporation has legal and moral responsibilities for everything that goes on in the Institute.
Outgoing chairman Gray has been in the past termed a skilled budget handler and fund raiser by colleagues. President Charles M. Vest called Gray a "champion of undergraduate education."
D'Arbeloff is chairman and CEO of Teradyne Inc., the world's largest producer of automatic test equipment for the electronics and telecommunications industry.
D'Arbeloff plans to continue to serve as chairman of Teradyne's board but expects to devote at least 50 percent of his time to his new duties as chairman of the MITCorporation.
Traditionally, the chairman has been a former president who serves full time in that position. Gray was president from 1980 to 1990 before becoming chairman.
There have been two instances in which a former or retiring president was not elected chairman. One was in 1957 when Vannevar Bush '16 took the position part time and in 1983 when David S. Saxon '41 became chairman.
"I am honored and excited by MIT's decision to name me as its new chairman. I hope to be worthy of that honor and I will work hard to make a significant contribution to the future of MIT," d'Arbeloff said.
D'Arbeloff co-founded Teradyne in 1960 with fellow MITgraduate Nicholas deWolf '48 and has served as its CEO since 1961.
D'Arbeloff is also on the board of directors of several private companies in the Boston area and is the former chairman of the Massachusetts High Technology Council as well as director of the Center for Quality Management. He is also a trustee of New England Conservatory, Massachusetts General Hospital, and Partners Health Care System.
D'Arbeloff graduated from MITin 1949 with a degree in management. Since 1989, he has been a member of the MITCorporation and became a life member in 1994.
He served on the Institute's Development Committee and the visiting committees of the Department of Electrical Engineering Computer Science, the Department of Economics, and the Department of Mechanical Engineering. He also has taught classes at the Sloan School of Management and within the Department of Mechanical Engineering.
D'Arbeloff's election as chairman was made upon the recommendation of a four-member search committee co-chaired by W. Gerald Austen '51, chief surgeon at Massachusetts General Hospital, and Morris Tanenbaum ScD '50. The two remaining members of the committee were Edward E. David Jr. '47 and Judy C. Lewent '72.
Gray served the Institute for the past 26 years, first as chancellor for nine years, then as president from 1980 to 1990, and as chairman since that time.