Robert A. Young, Ph.D., is president and chief executive officer (CEO) of Tessera, a role he stepped into in May 2011. He also serves on the Tessera board, which he joined in 1991 as a founding investor and for which he was chairman from 1996 to 2002.
Prior to Tessera, Young managed personal private equity investments in early stage technology companies through IRT, Inc., before which he was chairman and CEO of Curl Corporation, an Internet infrastructure software company. He was previously a senior partner and managing director at Dillon, Read & Co. Inc., an investment bank, where he had corporate finance responsibility for information technology companies, and for which he served as the managing general partner of venture capital funds from 1987 to 1994.
Young started his business career with IBM, where, over an 18 year period, he held a number of management and executive positions. His last position at IBM was as president, IBM Instruments, a fully integrated global company with operations in the U.S. and Europe, and with products consisting of scientific instruments and scientific computers. Young served as a director of ATI Technologies (NASDAQ: ATYT), a leading producer of 3-D graphics and multimedia products, until its merger with AMD in 2006.
Young is also a co-founding managing director of Mirador Capital LLC, a private equity firm invested in U.S. venture capital firms. He has served on the visiting committees at MIT for both the Department of Electrical Engineering and Computer Science, and the Department of Chemistry. He is an advisor to PolyTechnos, a European venture capital firm headquartered in Munich. Young holds a Ph.D. in Physical Chemistry from the Massachusetts Institute of Technology (MIT) and a B.S. in Chemistry from the University of Delaware.