Jerome Swartz

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Jerome "Jerry" Swartz (born 1940) is a physicist that developed early optical strategies for barcode scanning technologies in the United States and co-founded the corporation, Symbol Technologies on Long Island, New York, with physicist partner, Dr. Shelley A. Harrison in 1973. Swartz was President, becoming the Chairman and Chief Scientist in 1982. [1] In 2006 Symbol Technologies became a wholly owned subsidiary of the multinational telecommunications manufacturer, Motorola Corporation.

Contents

Swartz received a bachelor's degree in electrical engineering from The City College of New York and a Ph.D. also in electrical engineering from Polytechnic University in Brooklyn, receiving fellowships from the National Science Foundation and Ford Foundation along the way. [2]

In July 2003, Swartz resigned from his position as chairman and chief scientist of Symbol Technologies, at which time the company was under investigation for civil and criminal accounting fraud. [3] At the time of his resignation, Swartz was quoted in the New York Times as stating that an internal investigation had shown that "improper finance and accounting activities occurred while he was chairman". [3] Symbol agreed to settle the case with the Securities and Exchange Commission in June 2004, paying a $37 million penalty. [4]

Currently, he is the Chairman of The Swartz Foundation for Computational Neuroscience. Established in 1994, it has grown to support research in 11 centers (Brandeis University, California Institute of Technology, Cold Spring Harbor Laboratory, Columbia University, Harvard University, New York University, Princeton University, Salk Institute, University of California, San Diego, University of California, San Francisco and Yale University). The Swartz Foundation funds the annual Swartz Prize for Theoretical and Computational Neuroscience.

Awards

In 1998, he was awarded the IEEE Ernst Weber Engineering Leadership Recognition. [5]

In 2000, he was elected a member of the National Academy of Engineering for bar code technologies, including laser scanners and wireless data capture.[ citation needed ]

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References

  1. Funding Universe history of Symbol Technologies
  2. http://www.theswartzfoundation.org/swartz-bio.asp Bio
  3. 1 2 Feder, Barnaby J. (8 July 2003). "Two Symbol Officials Quit Amid Fraud Investigations". New York Times. Retrieved 25 May 2014.
  4. "Symbol Technologies Agrees to Settle SEC Enforcement Action Charging the Company with Accounting Fraud". Securities and Exchange Commission. Retrieved 25 May 2014.
  5. "IEEE Ernst Weber Engineering Leadership Recognition Recipients" (PDF). IEEE. Retrieved November 20, 2010.