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Wrong Mehdi Ali?

Mehdi Ali

President

Commodore Inc

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Commodore Inc

Company Description

Commodore sold 800,000 VIC-20s world-wide in 1982, reached the 1 million mark early it 1983, and they are now being shipped at the rate of 100,000 units per month. Commodore didn't stop with that success either, but continued research and development and in ...more

Background Information

Employment History

President

Commodore Miscellaneous Gallery


Principal

Stone Ridge Partners


Managing Director

Dillon , Read & Co.


Vice President

PepsiCo , Inc.


Engagement Manager Overseeing

IBM Corporation


Morgan Guaranty


Affiliations

American Industrial Partners

Advisory Board Member


Meridian Consulting

Founder


Education

Bachelor

Yale University


Bachelor's degree

Tufts University


MBA

Columbia University


Master's degree

Yale University


Web References(22 Total References)


The Legendary Chuck Peddle, Inventor of The Personal Computer - www.Commodore.ca

www.commodore.ca [cached]

Mehdi Ali - The End of Commodore


The Legendary Chuck Peddle, Inventor of The Personal Computer - www.Commodore.ca

www.commodore.ca [cached]

Mehdi Ali - The End of Commodore


Chronological History of Commodore Computer - www.Commodore.ca

www.commodore.ca [cached]

Mehdi Ali - The End of Commodore
[February] Irving Gould, Chairman and Chief Executive Officer of Commodore International Limited announced that Mehdi Ali had been appointed to the position of President of the Company. Mr. Ali, then a managing director of Dillon, Read & Co., Inc., New York, has been a special advisor to Commodore for the past three years. In August he was elected to the Commodore Board of Directors. Mr. Gould commented: "Having worked closely with Mr. Ali for the past three years, I believe we are fortunate that he has agreed to expand the role he has been playing in the restructuring of Commodore into a major competitor in the microcomputer industry. Mr. Ali added: "Commodore now has considerable momentum and I hope to help capitalize on the significant opportunities that lie ahead. Mr. Ali will conduct his duties as President from Commodore's New York corporate offices. Mr. Ali had been with Dillon Read since 1984 and served as vice president on the finance staffs of PepsiCo Inc. and General Motors Corporation for the previous eight years. (This is an appointment to President of Commodore International, which was mostly a vacant position guided by Irving Gould and the Board of Directors) Big problems made Commodore lose all that money: Fall of Amiga peripherals sales (Monitors, Printers etc.), the US dollar (and its price fall on the major economic markets) and, well the 'management team of Irving Gould (Chairman) and Mehdi Ali (President).


Chuck Peddle – Father of the Personal Computer: Brief History - www.Commodore.ca

www.commodore.ca [cached]

Mehdi Ali - The End of Commodore


Mehdi Ali - The End of Commodore - www.Commodore.ca

www.commodore.ca [cached]

Mehdi Ali - The End of Commodore
Mehdi Ali - The End of Commodore Mehdi Ali started working for Commodore in 1986 as a "special advisor" and by 1994 President Ali and his team had: fumbled Amiga's massive potential Mehdi Ali - Commodores Last President Mehdi Ali - Commodores Last President Ali had some impressive credentials for a 40 year old: Mr. Ali, a Yale graduate, worked for Morgan Guaranty from 1969 to 1976 before joining General Motors as a vice president on the financial staff. He then went to Pepsico Inc. in the same capacity in 1980 and to Dillon, Read in 1984. LA Times - February 2 1989 So it was in 1986 that Ali began his time with Commodore. Over the next three years he proved his worth to Gould. In August 1988, Ali became a member of the Board. Ali, now just 43 years old, was promoted as the man to steer the Commodore ship, serious cost cutting was the order of the day. Most pundits put the blame for Commodores eventual failure on Ali. He and the team he assembled in the coming years were not well respected by staff: When a company's engineers don't just hold their executive team in contempt, but feel actual, bona-fide loathing for their chieftains, something's wrong. By the time Commodore went bankrupt, Commodore's engineers really didn't like the last executive team, led by CEO Mehdi Ali. Mehdi Ali was the last CEO to be appointed by Commodore's board of directors. Some of the blunders he and his highly paid (Ali was said in the video to have been paid something like $2 million a year)... weblogs.mozillazine.org While it is critically important for a President provide investor confidence, it is even more critical that staff believe you know what you are doing and follow your lead. Investors were initially happy with Ali but the staff were not. Commodore staff derided Ali and his management team. In particular Ali decided cut the one cost center that technology companies can't live without, R&D. With R&D slashed, new products languished, sometimes for years. Mehdi Ali thought of Amiga as some sort or next generation Ali's 6+ years at Commodore left it in ruin and they filed for Bankruptcy protection in 1994. Today, in 2013, Mehdi Ali and his son run Stone Ridge Partners, which is a private equity firm that buys struggling companies. He also sits on the "advisory board of "American Industrial" which is another private equity firm. These types of firms are nearly always focused on short term gain with a 6 month to two year time horizon. Oddly, Mehdi takes 'credit' for his time at Commodore on his site: Mehdi has been a principal of the firm since its inception in 1996. Mehdi's background includes more than twenty years of operating experience. His prior experience includes serving as the President of Commodore International, where he accomplished a major operational turnaround. stoneridgepartners.biz Ultimately, the blame for any corporate failure goes to the large shareholders and Board of Directors. In this case I think it can be safely said that Irving Gould, Commodore's financier and Chairman of the Board, sholders the most blame for Commodore failure, if for no other reason than for keeping Ali's management team in place. However, Gould's failure to remove Ali does not improve Ali's ugly legacy. Mehdi helped destroy the next project he was involved in... a company I was the CFO in until he became involved and "created profits for the short run"...not for the future of the company. weblogs.mozillazine.org


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