The Information Technology 100
100
SanDisk
Barbra Streisand, eat your heart out. These days no one sings "Memories" louder than SanDisk. Lots of people are taking the company's advice to "store your world in ours," with its memory cards for digital music players, PDAs, flash ThumbDrives, cameras, photo viewers, and more.
And while Apple may rule the roost with its iPod digital music players, guess who's a surprising No. 2? If you said SanDisk, you're right. This year, the Sunnyvale, Calif., company shows no signs of slowing after a few blockbuster years of sales and profit growth. Now, the co-creator of the secure-digital memory card is moving into cellular phones with smaller form-factor memory cards such as miniSD and TransFlash. That puts the company on track to top $1.8 billion in sales this year, up from $1.77 billion in 2004.
Company Info
| STOCK INFO | SNDK |
| Revenues* | $1.8 BILLION
|
| Revenue Growth | 42.5%
|
| Return on Equity | 13.7%
|
| Total Return | 5.4%
|
| Profits* | $277.6 MILLION
|
| Industry | COMPUTERS AND PERIPHERALS
|
| CORPORATE WEB SITE
|
All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
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Company Snapshot
SanDisk Corp. engages in the design, development, and marketing of flash storage card products used in various consumer electronics worldwide. Its products include flash cards, Universal Serial Bus, flash drives, and digital audio players. The company’s flash storage allows data to be stored in a compact format that retains the data for an extended period of time after the power has been turned off. Its products are used in digital cameras, feature phones, and other digital consumer devices. SanDisk Corp. sells its products to original equipment manufacturers, retailers, and distributors. The company was co-founded by Eli Harari and Sanjay Mehrotra in 1988. SanDisk Corp. is headquartered in Sunnyvale, Calif.
No. of Employees
876
Data provided by 
Eli Harari
Bio
Eli Harari is the founder of SanDisk Corp., and has been President and Chief Executive Officer since June 1988. Dr. Harari founded Wafer Scale Integration, a privately held semiconductor company in 1983 and was its President and Chief Executive Officer from 1983 to 1986 and Chairman and Chief Technical Officer from 1986 to 1988. From 1973 to 1983, Dr. Harari held various management positions with Honeywell Inc., Intel Corp., and Hughes Aircraft Microelectronics. Dr. Harari has been a Director of Sandisk Corp., since June 1988. He has been a Director of Tower Semiconductor Ltd. since January 2001 and serves on the Finance, Stock Option and Compensation Committees. Dr. Harari holds M.A. and Ph.D. in Solid State Sciences from Princeton University and a B.S. (Honors) degree in Physics from Manchester University. He has more than 70 patents issued in the field of nonvolatile memories and storage systems.
AGE: 59
Titles
President, Chief Executive Officer and Director
Total Compensation*
$ 2.1 MILLION
Total Value of Options**
$ 53.8 MILLION
Degrees Held
Princeton University (MA, PhD), University of Manchester (BS)
* Latest available fiscal year
** The sum of the net value of options exercised and held in the latest available fiscal year
Key Executives
Eli Harari, Sanjay Mehrotra, Nelson Chan, Judy Bruner
Board Members
Eli Harari, Irwin Federman, Catherine P. Lego, Michael E. Marks, James D. Meindl, Alan F. Shugart
