Senator John Heinz

RELATED NEWS

  • Leila Janah is profiled in The New York Times' Corner Office series go >>
  • Nancy Knowlton writes Op-Ed for Nature magazine on encouraging conservation through celebrating our successes go >>
  • Millie Dresselhaus, pioneering scientist and 11th Heinz Award recipient for Technology and the Economy, dies at 86 go >>
  • The Austin Chronicle reviews Ann Hamilton’s latest iteration of O N E E V E R Y O N E at the University of Austin go >>
  • Leroy Hood is the 2017 recipient of National Academy of Sciences Award for Chemistry in Service to Society go >>
  • 'True South: Henry Hampton and "Eyes on the Prize"' is reviewed by The New York Times go >>
  • The New York Times reviews the new Broadway production of August Wilson's "Jitney" go >>
  • TIME publishes James Nachtwey's photographs showing The Philippine's brutal war on illegal drugs go >>
  • The New York Times' critics discuss the lasting power of August Wilson's plays go >>
  • James Hansen honored with the BBVA Foundation Frontiers of Knowledge Award in Climate Change for his contributions to climate science go >>
  • Actors discuss being exposed to August Wilson's plays for The New York Times go >>
  • Nadine Burke Harris is one of The Huffington Post's "7 visionaries" for 2017 go >>
  • Sidney Drell, 11th Heinz Awards recipient for Public Policy and leading thinker on arms control, dies at 90 go >>
  • Dean Kamen to lead $294M effort to grow human organs on industrial scale go >>
  • Denzel Washington's film of August Wilson's "Fences" is reviewed by the New York Times go >>
  • Jane Lubchenco, as a 2016 Oregon History Maker medal recipient, is profiled by KGW in Portland go >>
  • U.S. Senate approves the ECHO Act to integrate Sanjeev Arora's Project ECHO across the country go >>
  • Civil rights leader Dorothy Height to be honored by the U.S. Post Office with a postage stamp go >>
  • Sanjeev Arora and Project ECHO are featured in the Harvard Business Review go >>
  • Robert Langer talks about his career as part of MIT's “Failures in Graduate School” series go >>
  • John Luther Adams' "Canticles of the Holy Wind" is reviewed by The New York Times go >>
  • Mark di Suvero's studio complex in Queens is profiled in the New York Times Style Magazine go >>
  • Richard Jackson discusses the built environment and the need to put people first on The Tavis Smiley show go >>
  • The Wall Street Journal talks to Roz Chast about living in Manhattan in her 20s go >>
  • The Guardian profiles the work of Robert Langer go >>
  • Wired writes about Dean Kamen speaking at the White House Frontiers Conference in Pittsburgh go >>
  • Ann Hamilton's "habitus" is installed on Phildelphia's Pier 9 go >>
  • Nadine Burke Harris and her work is profiled by The Washington Post go >>
  • Joseph DeRisi interviewed by Chronicle of Higher Education about co-leading new Chan Zuckerberg Biohub go >>
  • Hugh Herr and his work are profiled by Strategy and Business magazine go >>
  • Matt Mullenweg is profiled by the Houston Chronicle go >>
  • Millie Dresselhaus and her career is profiled by Lehigh University go >>
  • Jacques d'Amboise profiled at 82 by The New York Observer go >>
  • Tom "Smitty" Smith to retire as director of the Texas office of Public Citizen go >>
  • Abraham Verghese receives 2015 National Humanities Medal go >>
  • Sangeeta Bhatia talks to Xconomy about role models and the need to invest in diversity go >>
  • Matt Mullenweg's company Automattic is profiled by Quartz magazine go >>
  • The Hood Museum of Art at Dartmouth acquires James Nachtwey's archives go >>
  • Cary Fowler discusses the Global Seed Vault on The Diane Rehm Show go >>
  • Cary Fowler talks to NPR about the Global Crop Diversity Trust's seed vault in Norway go >>
  • Rita Dove's poem "Testimonial" is evoked in a new mural in Charlottesville go >>
  • Chemical and Engineering News takes a look at the range of Robert Langer’s startups go >>
  • James Balog writes about the dangers of climbing Mt. Kilimanjaro in National Geographic go >>
  • Hugh Herr is profiled by ABC News' "Finding the Next" on his most recent work on exoskeletons go >>
  • Dave Eggers' new novel reviewed for The New York Times go >>
  • Janine Benyus to receive 2016 Feinstone Enviornmental Award go >>
  • Gretchen Daily's work at the Natural Capital Project is profiled in Smithsonian go >>
  • John Luther Adams creates soundscape for walk between the Metropolitan Museum of Art's two branches go >>
  • Rick Lowe joins the University of Houston's College of the Arts go >>
  • Kirk Smith interviewed about concerns regarding air pollution in Chile go >>
  • Sal Khan discusses the new in-house Khan lab school go >>
  • Science Friday revisits and updates a 1992 discussion that included Daniel Sperling on electric cars go >>
  • Freeman Hrabowski writes Op-Ed in The New York Times on how communities must support student success go >>
  • Frederica Perera argues that the benefits to children's health from a reduction in fossil fuel use are enormous go >>
  • Gretchen Daily reports on China's work on ecosystem assessment go >>
  • Richard Feely is interviewed by Refinery 29 on the impact of ocean acidification go >>
  • Sal Khan is interviewed by Business Insider about his work at Kahn Academy go >>
  • Ann Hamilton creates a 'loom performance' installation for China's Art Wuzhen Exhibition go >>
  • Roz Chast is interviewed on her work and New York City go >>
  • Robert Langer wins the 2016 European Inventor Award (In Non-European Countries) go >>
  • Roz Chast talks to The Wall Street Journal about growing up and where she lived go >>
  • Joseph DeRisi is elected to the National Academy of Sciences go >>
  • Donald Berwick writes Op-Ed on how dental care should be a part of core healthcare go >>
  • Jerry Franklin named the Ecological Society of America's 2016 Eminent Ecologist go >>
  • James Nachtwey receives the Princess of Asturias Award for Communication and Humanities go >>
  • Jonathan Foley writes Op-Ed piece for bioGraphic on the importance of natural history go >>
  • Mark di Suvero is profiled in The Paris Review go >>
  • Marian Wright Edelman discusses the importance of libraries for children and families go >>
  • Sangeeta Bhatia at TED Talks Live discusses her work on early cancer detection using nanotech go >>
  • Dr. Sanjeev Arora to receive the University of New Mexico's Presidential Award of Distinction for his work on Project ECHO go >>
  • The Washington Post reviews Rita Dove's new book of Collected Poems, 1974-2004 go >>
  • Paul Anastas receives the 2016 Green Chemistry Award from the Royal Society of Chemistry go >>
  • Robert Langer's lab develops a gel-based 'second skin' to smooth wrinkled skin go >>
  • Mason Bates is profiled by KQED in San Francisco go >>
  • Robert Langer receives 2016 Benjamin Franklin Medal Institute in Life Science from the Franklin Institute go >>
  • Elizabeth Kolbert writes about those trying to protect threatened ecosystems through manmade intervention go >>
  • Sangeeta Bhatia is interviewed by CCTV America at the Clinton Global Initiative go >>
  • Dean Kamen is profiled in the Wall Street Journal go >>
  • Mason Bates is profiled by Anne Midgette of The Washinton Post go >>
  • John Luther Adams profiled as the composer-in-residence at the 2016 Big Ears Festival go >>
  • Andrew Grove, 1st Heinz Award recipient for Technology and the Economy, dies at 79 go >>
  • Frederica Perera is co-author of study on dangers of prenatal pollution exposure go >>
  • Steve Wozniak is profiled on the Reddit and Google Cloud Platform "Formative Moment" series go >>
  • Sanjeev Arora and Project ECHO are part of Fast Company article on social media, medical care and the developing world go >>
  • Leroy Hood's Institute for Systems Biology to join with Providence Health and Science go >>
  • Robert Langer surveys the diverse output from his MIT research lab go >>
  • Marian Wright Edelman to receive the Thomas Jefferson Foundation Medal go >>
  • James Hansen co-authors paper about future of rising heat in tropics and Middle East go >>
  • Rick Lowe is profiled in the Stanford Arts Review go >>
  • Sangeeta Bhatia and her work are profiled in MIT Technology Review go >>

The Heinz Awards

1997

George Hatsopoulos

Dr. George N. Hatsopoulos receives the Heinz Award in Technology, the Economy and Employment for his development of the thermionic converter and his innovative methods of creating new technology-based enterprises.

As a teen-ager in Nazi-occupied Greece, Dr. Hatsopoulos built and sold illegal radios and transmitters. Later, as a young man, he won a scholarship to MIT to study mechanical engineering with the goal of becoming both an inventor and a businessman. Forty years later, in an age focused on core competencies, his company, Thermo Electron Corporation, is a pacesetter eager to experiment with new technologies and build new subsidiaries around them. Dr. Hatsopoulos transformed a once small laboratory into a world leader in environmental monitoring, biomedical manufacturing and many other specialized products and technologies. The company employs over 17,000 people and has annual sales of $3 billion.

"You can't be enamored with technology," Dr. Hatsopoulos has said. "You must instead be driven by the needs of the marketplace." That pragmatic philosophy has been a useful guide to the founder and now Chief Executive Officer of the Waltham, Massachusetts-based Thermo Electron Corporation.

Dr. Hatsopoulos' success began when he devised a theoretical engine that converted heat directly into electricity without using any moving parts. His thermionic converter, the first in an impressive string of technological innovations, became the catalyst for the creation of a company that is today an international leader in manufacturing. Based on an ever-increasing number of ideas and technologies coming from Thermo Electron, the company is often referred to as a "perpetual idea machine." Dr. Hatsopoulos sees those ideas not just as new products, but also as seeds for new businesses. He developed a strategy to make each new technology the core of its own new subsidiary, armed with the flexibility and resources to explore further innovation.

Thermo Electron is now parent to 18 of these "spin-out" companies, all designed to motivate entrepreneurship. Thermo Electron is careful to explain that it spins out, not spins off, its companies. The company always retains a majority stake in each new endeavor and offers its new stock to the public and not to existing shareholders. The corporate parent then continues to provide strategic planning, employee benefits and pension fund management, executive recruiting and other internal administration services, thus freeing up the subsidiary to focus on innovation and market needs.

Dr. Hatsopoulos' formula for success is really very simple. He seeks to anticipate society's problems, develop the technology to solve them, and have the product on line in time to meet the need. But it is in his implementation of that formula that he stands apart as a business leader. In creating a new corporate structure, he has discovered a way to sustain growth in today's rapidly changing world markets.

Note: This profile is excerpted from the commemorative brochure published at the time of the awards' presentation.


UPDATES SINCE RECEIVING THE HEINZ AWARD

May 2006 - Thermo Electron Corporation acquired Fisher Scientific and became Thermo Fisher Scientific, making it one of the most important life science corporations in Massachusetts, employing 30,000 and having a stock market value of $15.5 billion. - The Boston Globe

October 2005 - George Hatsopoulos is still "thinking big" at 78 as he builds another company, Pharos, into a billion-dollar success. Pharos has two divisions - one that develops blood pumps and the other that develops semiconductors. - The Boston Globe

September 2000 - Hatsopoulos announces that he is retiring from his position as director of the Photoelectron Corporation, the group he has led since its founding in 1989.

March 2000 - Hatsopoulos is inducted into the Academy of Distinguished Entrepreneurs. He and the other 73 inductees for 2000 were chosen "for their willingness to take risks and to invest capital and energy into ventures that made positive contributions to society." - AScribe Newswire

December 1999 - Hatsopoulos announces that he will retire as chairman of Thermo Electron Corporation as of January 1. Thermo Electron is the company that Hatsopoulos launched in 1956, and while he will step down as CEO, he plans to "continue as a corporate director and remain active" in the company. - The Boston Globe

George Hatsopoulos