Sandy Lerner

Last updated
Sandy Lerner

OBE
Born1955 (age 6667)
California, U.S.
Alma mater California State University, Chico
Claremont Graduate School
Stanford University
Known forCo-Founder of Cisco Systems
Co-Founder of Urban Decay
Spouse(s) Leonard Bosack (divorced)

Sandy Lerner, OBE (born 1955) is an American businesswoman and philanthropist. She co-founded Cisco Systems, and used the money from its sale to pursue interests in animal welfare and women's writing. One of her main projects, Chawton House, is in England, but most of her work remains in the United States.

Contents

Early life and education

Lerner is a northern California native. [1] She received her bachelor's degree in 1975 in international relations from California State University, Chico, a master's degree in econometrics in 1977 from the Claremont Graduate School, and a master's degree in statistics and computer science in 1981 from Stanford University. [2]

Cisco

In 1984, while working as director of computer facilities for the Stanford University Graduate School of Business, Lerner co-founded Cisco Systems with her then-partner and now-former husband Len Bosack. [3] [4] Lerner and Bosack worked with Stanford students and faculty on a project to better connect all of the school's computer systems. [4] They later adapted software used at Stanford into what would become the foundation for Cisco IOS. [4]

Lerner told the story of Cisco's startup on the podcast How I Built This in which Cisco's early days involved building routers in the living room, financing the business using credit cards. She emphasized the collaborative nature of the work and that despite communication protocols being public domain, developed largely from collaborative work at Stanford, Cisco was still able to produce products people wanted to buy. [5]

Lerner and Bosack brought in John Morgridge to be the third CEO of Cisco in 1988. On August 28, 1990, Lerner was fired; upon hearing the news, Bosack resigned in solidarity. [6] The two sold all of their stock for $170 million [1] and retired from Cisco. Lerner and Bosack divorced in the early 1990s. [7]

Other business projects

In 1996, Lerner purchased Ayrshire Farm, an 600-acre (2.4 km2) estate in Upperville Virginia. [8] The circa-1912, 42-room Edwardian mansion of native fieldstone has since been restored and was used for a variety of social functions under Lerner's direction. [9] Ayrshire Farm's mission has been to farm sustainably and profitably, promoting the benefits of locally produced, humanely-raised meats and organic produce to the consumer, the community, and children through education, outreach and example. The farm was the first in Virginia to meet both Certified Humane and Certified Organic standards. [8]

Lerner placed a portion of her stock earnings into a start-up venture capital limited partnership called "& Capital Partners." [10] One of the companies it funded was Urban Decay Cosmetics, with the tag line "does pink make you puke?" [11] [12] In February 2000, Moet-Hennessy Louis Vuitton (LVMH), the French luxury goods conglomerate, acquired the firm. [13] It was spun off from LVMH in December 2002. [14]

Lerner also owns Hunter's Head Tavern in Upperville, Virginia and Gentle Harvest in Marshall, Virginia. [15]

Artistic projects and philanthropy

In 1992, through the foundation she shares with Leonard Bosack, Lerner invested money into the restoration of the Chawton House, which was once owned by Jane Austen's brother, Edward Austen Knight. In 2003, it opened as the Centre for the Study of Early Women's Writing, 1600–1830. In 2016, Lerner resigned from the board of trustees and withdrew the financial support of her foundation. [16]

In November 2011, Lerner published a sequel to Jane Austen's Pride and Prejudice titled Second Impressions using the pen name of Ava Farmer (for "a Virginia farmer"). [17] In August 2017, Lerner released Caticons, a book of art imitating cats. [18] [19] Cat news website, The Purrington Post said that the book was a "Must have" for cat lovers. [20]

Awards and recognition

Lerner was awarded an honorary degree in 2005 from Southampton University [21] and a Doctor of Sciences in 2012 from California State University, Chico. [22]

In 2009, the Institute of Electrical and Electronics Engineers Computer Society honored Sandra Lerner and Leonard Bosack with its Computer Entrepreneur Award "for founding Cisco Systems and pioneering and advancing the commercialization of routing technology and the profound changes this technology enabled in the computer industry." [23]

In 1998, Lerner was featured in part 2 of the PBS documentary Nerds 2.0.1 . [24] Lerner was also featured in the documentary film Something Ventured (2011). [25]

In November 2014, Lerner was presented with the Pioneer Award for her work in the technology field by Women's Entrepreneurship Day. [26]

In 2015, Lerner was presented with an honorary OBE by the Lord Lieutenant of Hampshire, Nigel Atkinson, for her contributions to UK culture. The ceremony was held at the Chawton House. [27]

Related Research Articles

Regency dance

Regency dance is the term for historical dances of the period ranging roughly from 1790 to 1825. Some feel that the popular use of the term "Regency dance" is not technically correct, as the actual English Regency lasted only from 1811 until 1820. However, the term "Regency" has been used to refer to a much broader period than the historical Regency for a very long time, particularly in areas such as the history of art and architecture, literature, and clothing. This is because there are consistencies of style over this period which make having a single term useful.

Cisco American multinational technology company

Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational technology conglomerate corporation headquartered in San Jose, California. Integral to the growth of Silicon Valley, Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products. Cisco specializes in specific tech markets, such as the Internet of Things (IoT), domain security, videoconferencing, and energy management with leading products including Webex, OpenDNS, Jabber, Duo Security, and Jasper. Cisco is one of the largest technology companies in the world ranking 63 on the Fortune 100 with $49 billion in revenue and nearly 80,000 employees.

California State University Public university system in California, United States

The California State University is a public university system in California. With 23 campuses and eight off-campus centers enrolling 485,550 students with 55,909 faculty and staff, CSU is the largest four-year public university system in the United States. It is one of three public higher education systems in the state, with the other two being the University of California system and the California Community Colleges. The CSU System is incorporated as The Trustees of the California State University. The California State University system headquarters are in Long Beach, California.

The Internetwork Operating System (IOS) is a family of proprietary network operating systems used on several router and network switch models manufactured by Cisco Systems. The system is a package of routing, switching, internetworking, and telecommunications functions integrated into a multitasking operating system. Although the IOS code base includes a cooperative multitasking kernel, most IOS features have been ported to other kernels such as Linux and QNX for use in Cisco products.

Andy Bechtolsheim German electrical engineer and co-founder of Sun Microsystems

Andreas Maria Maximilian Freiherr von Mauchenheim genannt Bechtolsheim is a German electrical engineer, entrepreneur and investor. He co-founded Sun Microsystems in 1982 and was its chief hardware designer. His net worth reached $7 billion in September 2018.

California State University, Chico Public university in Chico, California

California State University, Chico, or commonly, Chico State, is a public university in Chico, California. Founded in 1887, it is the second oldest campus in the California State University system. As of the fall 2020 semester, the university had a total enrollment of 16,630 students. The university offers 126 bachelor's degree programs, 35 master's degree programs, and four types of teaching credentials. Chico is a Hispanic-serving institution (HSI).

Chawton Human settlement in England

Chawton is a village and civil parish in the East Hampshire district of Hampshire, England. The village lies within the South Downs National Park and is famous as the home of Jane Austen for the last eight years of her life.

John L. Hennessy American computer scientist

John Leroy Hennessy is an American computer scientist, academician and businessman who serves as Chairman of Alphabet Inc. Hennessy is one of the founders of MIPS Computer Systems Inc. as well as Atheros and served as the tenth President of Stanford University. Hennessy announced that he would step down in the summer of 2016. He was succeeded as President by Marc Tessier-Lavigne. Marc Andreessen called him "the godfather of Silicon Valley."

Leonard X. Bosack is a co-founder of Cisco Systems, an American-based multinational corporation that designs and sells consumer electronics, networking and communications technology, and services. His net worth is approximately $200 million. He was awarded the Computer Entrepreneur Award in 2009 for co-founding Cisco Systems and pioneering and advancing the commercialization of routing technology and the profound changes this technology enabled in the computer industry.

Héctor García-Molina was a Mexican-American computer scientist and Professor in the Departments of Computer Science and Electrical Engineering at Stanford University. He was advisor to Sergey Brin, the founder of Google, from 1993 to 1997 when he was a computer science student at Stanford.

Upperville, Virginia Place in Virginia, United States

Upperville is a small unincorporated town in Fauquier County, Virginia, United States, along U.S. Route 50 fifty miles from downtown Washington, D.C., near the Loudoun County line. Founded in the 1790s along Pantherskin Creek, it was originally named Carrstown by first settler Josephus Carr. Through an 1819 Act passed by the Virginia General Assembly, the name was changed to Upperville.

Urban Decay (cosmetics) American cosmetics line

Urban Decay, an American cosmetics brand headquartered in Newport Beach, California, is a subsidiary of French cosmetics company L'Oréal.

Chawton House Country house in Chawton, Hampshire, England

Chawton House is a Grade II* listed Elizabethan manor house in Hampshire. It is run as a historic property and also houses the research library of The Centre for the Study of Early Women's Writing, 1600–1830, using the building's connection with the English novelist Jane Austen.

The Stanford University Network, also known as SUN, SUNet or SU-Net is the campus computer network for Stanford University.

The Computer Entrepreneur Award was created in 1982 by the IEEE Computer Society, for individuals with major technical or entrepreneurial contributions to the computer industry. The work must be public, and the award is not given until fifteen years after the developments. The physical award is a chalice from sterling silver and under the cup a gold-plated crown.

Jenna de Rosnay is an American windsurfer, fashion designer, and model.

Margaret Elizabeth Jenkins was an English novelist and biographer of Jane Austen, Henry Fielding, Lady Caroline Lamb, Joseph Lister and Elizabeth I. Elizabeth Bowen said Jenkins was "among the most distinguished living English novelists."

Sono Luminus is a classical music record label founded by Sandy Lerner and Leonard Bosack, who also founded Cisco Systems. The label specializes in high-resolution recordings of acoustic music.

Vinodka "Vin" Murria is a British businesswoman and founder of Advanced Computer Software where she was CEO until it was acquired in 2015. Prior to that she was founder and CEO of Computer Software Group Plc, acquired by Hellman&Friedman in 2007. She works as an investor/advisor to HgCapital.

Janet E. Turner American artist

Janet E. Turner (1914–1988) was an American artist known for her printmaking.

References

  1. 1 2 Nicholls, Walter (June 22, 2005). "Two Starts and a Stir". Washington Post . Retrieved June 10, 2016.
  2. "Honorary Doctorates To Be Awarded to Cisco Systems Co-founder Sandy Lerner and Political Analyst and Campaign Manager Ed Rollins - CSU, Chico News - CSU, Chico". www.csuchico.edu. August 28, 2015. Retrieved December 10, 2018.
  3. "Router man". Networkworld.com. March 27, 2006. Retrieved November 2, 2012.
  4. 1 2 3 Pete Carey (January 12, 2001). "A start-up's true tale". Mercury News .
  5. Guy Raz - How I Made This "Cisco Systems & Urban Decay: Sandy Lerner". NPR . Accessed October 15, 2018
  6. Julie Bort. "Cisco Just Turned 30: This Is The Dramatic Story Of How The Founders Were Ousted". uk.businessinsider.com. Retrieved December 12, 2014.
  7. Savchuk, Katia. "Splitting Headaches: When Lovers-Turned-Cofounders Break Up". Forbes. Retrieved December 10, 2018.
  8. 1 2 Lerner, Michele (June 14, 2013). "Cisco co-founder says she's ready to say farewell to the farm". The Washington Post .
  9. Bellafante, G. (June 23, 2005). "All That Glitters Is Not Silicon". The New York Times.
  10. "Sandy Lerner Biography | Booking Info for Speaking Engagements". www.allamericanspeakers.com. Retrieved March 27, 2022.
  11. "Does pink make you puke?". Forbes . August 25, 1997.[ dead link ]
  12. "Urban Decay history"
  13. News, Bridge (February 26, 2000). "World Business Briefing: Europe; Urban Decay for Lvmh". The New York Times. ISSN   0362-4331 . Retrieved December 10, 2018.
  14. "LVMH 20-F". www.sec.gov. Retrieved March 27, 2022.
  15. Pipkin, Whitney (October 30, 2016). "Cisco co-founder Sandy Lerner's next big idea: Redefining road food". The Washington Post .
  16. Flood, Alison (July 20, 2017). "Jane Austen's Great House launches urgent appeal to stay open". the Guardian. Retrieved March 22, 2018.
  17. Julian Guthrie, "Cisco founder pens sequel to 'Pride and Prejudice'", San Francisco Chronicle, May 30, 2012 . Retrieved January 26, 2013.
  18. Caticons website - 2017 President's Award Winner
  19. "'Caticon,' a show of art about cats at SFO - SFChronicle.com". www.sfchronicle.com. July 26, 2018. Retrieved April 3, 2019.
  20. Catworld, December 2017, Issue 477 - Page 27 Caitcons
  21. "Graduation 2005 - the biggest ever | University of Southampton". www.southampton.ac.uk. Retrieved March 22, 2018.
  22. "Honorary Doctorates To Be Awarded to Cisco Systems Co-founder Sandy Lerner and Political Analyst and Campaign Manager Ed Rollins - CSU, Chico News - CSU, Chico". www.csuchico.edu. August 28, 2015. Retrieved March 22, 2018.
  23. "Computer Society Connection". Computer Society Digital Library. 43 (3): 77–80. March 2010. Retrieved March 22, 2018.
  24. SISARIO, BEN (November 22, 1998). "SIGNOFF; For These Nerds, It's Beans to Billions". The New York Times .
  25. Cieply, Michael (March 7, 2011). "'Something Ventured,' a Love Story About Capitalism". The New York Times. ISSN   0362-4331 . Retrieved April 3, 2019.
  26. Wendy Diamond. "Women's Entrepreneurship Day Organization Pioneer Awards 2014 Winners". WED. Retrieved July 5, 2018.
  27. "Dr Sandy Lerner's OBE: A Special Day in Pictures ~ Chawton House". Chawton House. May 22, 2015. Retrieved March 22, 2018.