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Arthur Rock receives Lifetime Achievement Award

Arthur Rock

As one of the first venture capitalists, Arthur Rock ’48 has been a pioneer of the technology industry, and the San Francisco business community honored him at the 2013 Outstanding Director Awards, February 21 at the Four Seasons Hotel.

The San Francisco Business Times, Silicon Valley Business Journal, and Ernst & Young hosted the inaugural awards ceremony, recognizing directors whose service to their boards has been exceptional.

Eight other business leaders were named Outstanding Directors, while Rock and his wife, Toni Rembe, both received Lifetime Achievement awards—Rock’s for his role in making the technology industry what it is today, and Rembe’s for serving as a pioneer in law firm governance for AT&T and Pillsbury. Read their full story in the San Francisco Business Times.

Rock has been an accomplished investor and businessman in the San Francisco Bay Area since 1961, when Silicon Valley was in its infancy. From 1961 to 1968, he was a partner in the venture capital firm Davis & Rock. He was chairman of the board of Scientific Data Systems and a member of the board of directors of Teledyne Inc., Xerox, Argonaut Insurance, Apple Computer, AirTouch, Nasdaq, and Echelon Corporation. He was a founder of Intel Corporation and served as chairman of the board, chairman of the executive committee, and lead director. He is currently principal of the venture capital firm Arthur Rock & Co.

Rock earned a bachelor’s degree in political science and finance from Syracuse University and an M.B.A. from Harvard. He worked as a securities analyst on Wall Street, where he was quite successful at picking applied science stocks, before settling on the West Coast.

A noted philanthropist, Rock has served as trustee of the Visiting Committee of the Harvard Business School, the California Institute of Technology, the San Francisco Museum of Modern Art, and the San Francisco Opera. He founded the Arthur Rock Center for Entrepreneurship at the Harvard Business School, and he and his wife founded the Arthur & Toni Rembe Rock Center for Corporate Governance at Stanford University.

He was co-founder and is president emeritus of The Basic Fund, which gives scholarships to inner-city children to attend private K-8 schools, is on the board of Teach for America and Children’s Scholarship Fund, and is an active funder of KIPP.

Rock adds the Lifetime Achievement Award to an extensive list of honors, including the Medal of Achievement of the American Electronics Association and the American Academy of Achievement; the George Arents Award, Syracuse University’s highest alumni honor; the Lifetime Achievement in Entrepreneurship & Innovation Award from the University of California; the Northern California Business Leader of the Year award from the Harvard Business School Association; and the Commonwealth Club’s Distinguished Citizen Award. He has been inducted into the Junior Achievement Hall of Fame, the California Business Hall of Fame, the Bay Area Business Council Hall of Fame, and the American Academy of Arts & Sciences.