Dave Habiger Explained

Dave Habiger
Birth Date: February 19, 1969
Birth Place:Joliet, Illinois, U.S.
Education:St. Norbert College (BS)
University of Chicago (MBA)
Organization:J.D. Power
Children:2

David Habiger (born February 19, 1969) is an American businessman and entrepreneur who is the president and CEO of J.D. Power.

Early life and education

Habiger was born in Joliet, Illinois. He received a bachelor's degree in business administration from St. Norbert College and began producing documentaries after graduation.[1] In 1991, he founded Providence Productions, which focused on funding, producing, and distributing documentaries.[2] [3] In 1997, he received his MBA from the University of Chicago.[4]

Habiger delivered the 2016 commencement address at St. Norbert College.

Career

He began working with the ex-Lucasfilm team and founding members of Sonic Solutions in 1992, where he served as president and chief executive officer.[5] Under his leadership, Sonic became one of the largest global providers of premium movies and TV shows via the internet and consumer electronic devices. He emphasizes engineering excellence and empowering the engineers in an organization.[6] Since its IPO, the company has been named one of Forbes, Fortune, and Businessweek’s fastest growing companies on multiple occasions.[7] [8] Habiger opened the NASDAQ market in 2008[9] and 2010.[10] In 2011, he sold Sonic to Rovi Corporation. He was appointed as NDS chief executive officer in July 2011.[11] [12] Shortly after filing with the SEC for its NYSE-listed IPO, Habiger announced the sale of NDS to Cisco for $5 billion; the sale was closed in the second half of 2012.[13] Beginning in 2012, he became a board member and CEO of Textura Corp through its IPO listing on the NYSE and through its sale to Oracle in 2016.[14] Habiger is founder and partner at Silicon Media Partners.

Habiger has been a pioneer in modern electric cars since the early 2000s when he co-founded an EV start-up focused on the conversion of ICE vehicles to fully electric.[15] He was Chairman for the Electric Vehicle Commission and is a member of the Society of Automotive Engineers.[16]

He was named an Ernst & Young Entrepreneur of the Year.[17] In 2008, he was chosen as one of Corporate Leader Magazine's 40-under-40 business leaders.[18] The Hollywood Reporter chose him as one of 2010s Digital Power 50.[19] Between March 2009 and March 2011 he oversaw a 2388% increase in Sonic's market capitalization as the company reinvented its core business, winning an Emmy Award for "technical contributions to the film and television industry."[20] [21] [22] He sold Sonic to Rovi Corporation in early 2011 at a 66% premium – slightly under $1 billion after stock adjustments to the deal.[23] [24] Beginning in 2012, he was a board member and CEO of Textura Corp. until its sale to Oracle in June 2016.[25]

He serves as a director on the Chicago Federal Reserve Board. He serves on the SABOR (Systems Activities, Bank Operations, and Risk) Committee and is the Chairman of the Governance & HR Committee for the Federal Reserve.[26] He also serves on various public and private boards, including serving on the board of directors for the Automotive Hall of Fame.[27]

He was named president and CEO of J.D. Power on March 21, 2018.

In 2019, he hosted a discussion with Apple co-founder Steve Wozniak at the Auto Revolution 2019 event, where Wozniak, an avid proponent for self-driving vehicles, explained that true "Level 5" autonomy, in which cars are completely self-driving, is still a long way from mainstream commercialization.[28] [29]

Habiger was recognized as an Automotive News All-Star in 2021 for his leadership in the automotive industry.

Habiger sits on the advisory boards for the Heroic Imagination Project,[30] the University of Chicago, and the Network for Teaching Entrepreneurship, which provides entrepreneurial education to young people from low-income communities. He is a member of the board of trustees at Rush University Medical Center.[31] He is a member of the National Academy of Television Arts and Sciences and Society of Motion Picture & Television Engineers.[32]

External links

Notes and References

  1. Web site: Pushing On. Smart Business. July 10, 2011. March 12, 2012. https://web.archive.org/web/20120312103833/http://www.sbnonline.com/2011/07/pushing-on/. dead.
  2. Web site: Conversations from St. Norbert College featuring David Habiger. St. Norbert College.
  3. Web site: Speech at the Independent Film and Television Alliance. .
  4. Web site: Alumni Perspective on Software. Success: Stories from Chicago GSB Executive MBA Graduates. April 7, 2011. September 23, 2015. https://web.archive.org/web/20150923202749/http://www.chicagobooth.edu/email/xp/success/spring2006/. dead.
  5. News: Interview with the Sonic Solutions CEO. San Francisco Business Times Interview . April 22, 2007.
  6. Web site: American Executive: Sonic Solutions.
  7. News: Ultrahigh Performance. Forbes Magazine February 12, 2007 . February 12, 2007. Paul M.. Murdock. John J.. Ray.
  8. News: USA Today 9-2-09. Sonic Solutions is Ready for Digital Movies to Heat Up . September 2, 2009.
  9. Web site: CEO Dave Habiger Sonic Solutions Open the NASDAQ. NASDAQ 6-5-09.
  10. Web site: CEO Dave Habiger Sonic Solutions NASDAQ Open. NASDAQ 10-21-10.
  11. Web site: Dave Habiger Appointed CEO of NDS Group Ltd.. NDS Website. July 25, 2011. https://web.archive.org/web/20110810042056/http://www.nds.com/press_releases2011/DaveHabiger_CEO_250711.html. August 10, 2011. dead.
  12. Web site: Dave Habiger Appoint CEO of NDS Group Ltd. CNBC.
  13. Web site: Cisco announces plans to buy NDS for $5 billion. https://web.archive.org/web/20120317234952/http://www.zdnet.com/blog/btl/cisco-announces-plans-to-buy-nds-for-5-billion/71679. dead. March 17, 2012. ZDNet.
  14. Web site: https://www.bizjournals.com/sanjose/news/2016/04/28/oracle-buys-construction-software-business-for.html . 2024-04-26 . www.bizjournals.com.
  15. Web site: 2018-03-21. Dave Habiger, J.D. Power's new CEO, is tech expert and car guy. 2021-12-06. Automotive News. en.
  16. Web site: » Dave Habiger Automotive Hall of Fame . 2022-10-20 . www.automotivehalloffame.org.
  17. Web site: Dave Habiger NDS Group CEO and SNIC CEO, Ernst and Young Award. Sonic Youtube Channel.
  18. Web site: 40 CEOs Under 40. Corporate Leader Magazine.
  19. News: THR's third annual list saluting innovators in media. The Hollywood Reporter Digital Power 50 for 2010 . Andrew. Wallenstein. October 14, 2010.
  20. Web site: http://www.emmyonline.org/tech/applications/engineering_award_winners_rev6.pdf.
  21. Web site: Stocks That Surged Over 1000%. .
  22. Web site: Interview on NBC Press: Here. NBC News February 2011.
  23. News: CES Mulling the Future of Digital Video. Forbes – Eric Savitz.
  24. News: Sonic Buys Rovi. Bloomberg News . Mark. Lee. Adam. Satariano. December 23, 2010.
  25. News: Oracle to Buy Textura for $663 Million. Jamerson. Joshua. April 28, 2016. Greene. Jay. The Wall Street Journal. 0099-9660. 7 August 2016.
  26. Web site: David C. Habiger - Federal Reserve Bank of Chicago. www.chicagofed.org. 2020-01-06.
  27. Web site: » Dave Habiger Automotive Hall of Fame. 2021-12-20. www.automotivehalloffame.org.
  28. Web site: Apple co-founder Steve Wozniak says he's given up believing in self-driving cars in his lifetime. Eisenstein. Paul A.. 2019-10-24. CNBC. en. 2019-12-09.
  29. Web site: Apple co-founder: 'I've really given up' on Level 5. 2019-10-28. Automotive News. en. 2019-12-09.
  30. Web site: Heroic Imagination . March 18, 2018 . Heroic Imagination website.
  31. "Leadership." Rush Univ. Medical Center. Retrieved March 18, 2018.
  32. Web site: David C. Habiger: Executive Profile & Biography . 8 August 2018 . Bloomberg L.P..

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