Dave Habiger

Dave Habiger
Born (1969-02-19) February 19, 1969 (age 55)
Joliet, Illinois, U.S.
EducationSt. Norbert College (BS)
University of Chicago (MBA)
OrganizationJ.D. Power
Children2

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

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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

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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][30]

Habiger was recognized as an Automotive News All-Star in 2021 for his leadership in the automotive industry.[31]

Habiger sits on the advisory boards for the Heroic Imagination Project,[32] 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.[33] He is a member of the National Academy of Television Arts and Sciences and Society of Motion Picture & Television Engineers.[34]

References

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  1. ^ "Pushing On". Smart Business. Archived from the original on March 12, 2012. Retrieved July 10, 2011.
  2. ^ "Conversations from St. Norbert College featuring David Habiger". St. Norbert College.
  3. ^ "Speech at the Independent Film and Television Alliance". YouTube.
  4. ^ "Alumni Perspective on Software". Success: Stories from Chicago GSB Executive MBA Graduates. Archived from the original on September 23, 2015. Retrieved April 7, 2011.
  5. ^ "Interview with the Sonic Solutions CEO". San Francisco Business Times Interview. April 22, 2007.
  6. ^ "American Executive: Sonic Solutions".
  7. ^ Murdock, Paul M.; Ray, John J. (February 12, 2007). "Ultrahigh Performance". Forbes Magazine February 12, 2007.
  8. ^ "Sonic Solutions is Ready for Digital Movies to Heat Up". USA Today 9-2-09. September 2, 2009.
  9. ^ "CEO Dave Habiger Sonic Solutions Open the NASDAQ". NASDAQ 6-5-09.
  10. ^ "CEO Dave Habiger Sonic Solutions NASDAQ Open". NASDAQ 10-21-10.
  11. ^ "Dave Habiger Appointed CEO of NDS Group Ltd". NDS Website. Archived from the original on August 10, 2011. Retrieved July 25, 2011.
  12. ^ "Dave Habiger Appoint CEO of NDS Group Ltd". CNBC.[permanent dead link]
  13. ^ "Cisco announces plans to buy NDS for $5 billion". ZDNet. Archived from the original on March 17, 2012.
  14. ^ www.bizjournals.com https://www.bizjournals.com/sanjose/news/2016/04/28/oracle-buys-construction-software-business-for.html. Retrieved April 26, 2024. {{cite web}}: Missing or empty |title= (help)
  15. ^ "Dave Habiger, J.D. Power's new CEO, is tech expert and car guy". Automotive News. March 21, 2018. Retrieved December 6, 2021.
  16. ^ "» Dave Habiger | Automotive Hall of Fame". www.automotivehalloffame.org. Retrieved October 20, 2022.
  17. ^ "Dave Habiger NDS Group CEO and SNIC CEO, Ernst and Young Award". Sonic Youtube Channel.
  18. ^ "40 CEOs Under 40". Corporate Leader Magazine.
  19. ^ Wallenstein, Andrew (October 14, 2010). "THR's third annual list saluting innovators in media". The Hollywood Reporter Digital Power 50 for 2010.
  20. ^ http://www.emmyonline.org/tech/applications/engineering_award_winners_rev6.pdf. {{cite web}}: Missing or empty |title= (help)
  21. ^ "Stocks That Surged Over 1000%". Business Insider.
  22. ^ "Interview on NBC Press: Here". NBC News February 2011.
  23. ^ "CES Mulling the Future of Digital Video". Forbes – Eric Savitz.
  24. ^ Lee, Mark; Satariano, Adam (December 23, 2010). "Sonic Buys Rovi". Bloomberg News.
  25. ^ Jamerson, Joshua; Greene, Jay (April 28, 2016). "Oracle to Buy Textura for $663 Million". The Wall Street Journal. ISSN 0099-9660. Retrieved August 7, 2016.
  26. ^ "David C. Habiger - Federal Reserve Bank of Chicago". www.chicagofed.org. Retrieved January 6, 2020.
  27. ^ "» Dave Habiger | Automotive Hall of Fame". www.automotivehalloffame.org. Retrieved December 20, 2021.
  28. ^ Power, J. D. (October 24, 2019), Steve Wozniak and Dave Habiger - Auto Rev 2019, retrieved December 9, 2019
  29. ^ Eisenstein, Paul A. (October 24, 2019). "Apple co-founder Steve Wozniak says he's given up believing in self-driving cars in his lifetime". CNBC. Retrieved December 9, 2019.
  30. ^ "Apple co-founder: 'I've really given up' on Level 5". Automotive News. October 28, 2019. Retrieved December 9, 2019.
  31. ^ Commencement Speaker Dave Habiger '91 - St. Norbert College Commencement 2016, retrieved December 6, 2021
  32. ^ "Heroic Imagination". Heroic Imagination website. Retrieved March 18, 2018.
  33. ^ "Leadership." Rush Univ. Medical Center. Retrieved March 18, 2018.
  34. ^ "David C. Habiger: Executive Profile & Biography". Bloomberg L.P. Retrieved August 8, 2018.
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