Jerre Stead – Biography
Jerre Stead (1965 B.B.A.) is a visionary business leader who has enjoyed a long and illustrious career leading high-tech and information companies. A native of Maquoketa, Iowa, he started out in the business world with the Honeywell Corporation and, during his 21 years with the company, rose from production control planner to head of the firm’s Homes and Buildings Worldwide group. In 1987, Jerre left Honeywell for the Square D Company, where he ultimately became Square D’s chairman, president, and CEO.
In 1992, Jerre was named CEO of AT&T Global Business Communications Systems. One year later, he was promoted to executive vice president of AT&T and chairman and CEO of AT&T Global Information Solutions (NCR Corporation). He joined Ingram Micro in 1996 as chairman and CEO and took the company public on November of that year. Under his leadership, Ingram Micro grew from an $8 billion company to a $30 billion global business. The company was number 41 in the Fortune 500 for the year 2000. Today he is chairman and CEO of IHS Inc., the leading provider of critical information, insight, and analytics worldwide.
Jerre is a dedicated volunteer and civic leader as well. He has served on 34 corporate boards during his career and chaired 16 capital drives for nonprofit organizations. In 2013, he was appointed by Colorado Governor John Hickenlooper to oversee the state’s flood recovery efforts. Currently, he is chairman of the Banner Alzheimer’s Institute, as well as chairman of the board of Garrett-Evangelical Theological Seminary.
Throughout his career, Jerre and his wife, Mary Joy, have maintained close ties to the University of Iowa—Mary Joy has served on the UI Foundation Board of Directors since 1999 and Jerre on the UI Henry B. Tippie College of Business Board of Visitors. The couple also recently served as co-chairs of the $500 million IowaFirst campaign for Iowa medicine and currently are For Iowa. Forever More. co-chairs for the UI Health Care campaign.
The Steads have generously supported the UI throughout the years. In 2003, they donated $25 million to the UI Henry B. Tippie College of Business to support a variety of programs and initiatives, including the Stead Technology Services Group, one of the largest computer labs and technology-service groups on the UI Campus.
The Steads recently committed $20 million to University of Iowa Children’s Hospital and the Department of Pediatrics in the UI Roy J. and Lucille A. Carver College of Medicine to support faculty, research, staff excellence initiatives, and fund innovative support services for patients and their families. In recognition of the couple’s visionary giving to children’s medicine at Iowa, the pediatrics department has been renamed the UI Stead Family Department of Pediatrics.
In honor of their dedication to the University of Iowa, the Steads have been recognized with Distinguished Alumni Awards from the UI Alumni Association.
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