SalemNews.com, Salem, MA

Business

December 4, 2013

Endicott business school named for Newburyport CEO

BEVERLY — Endicott College recently dedicated its new school of business as the Curtis L. Gerrish School of Business, evidently recognizing that this is a CEO who knows the ways of commerce.

Gerrish, founder and CEO of Rochester Electronics in Newburyport, has developed an enterprise that is considered the world’s largest “continuing source” semiconductor manufacturer.

Rochester Electronics, which manufactures semiconductors that are out-of-production from the original manufacturers, owns and operates a campus of buildings in Newburyport’s Business and Industrial Park totaling more than 300,000 square feet. It employs hundreds (the exact number is confidential) and is currently hiring.

Gerrish, while a canny executive in a competitive field, is also a philanthropic leader in the causes of local education and health. His gift to Endicott resulted in the $17 million Gerrish School of Business. (Two of his granddaughters attend the Beverly college).

“Endicott is incredibly fortunate to have the support of such individuals who are dedicated to improving the learning experience of our students,” said Endicott President Richard Wylie at the school’s dedication in October.

“I think (financial) gifts should be directed to areas where it will really help,” said Gerrish, who started Rochester Electronics in 1981. “I have met many Endicott students, and I like their attitude and interest in learning.”

Gerrish has also contributed to Immaculate Conception school in Newburyport, which he attended as a child, and has been a trustee and major supporter of Anna Jaques Hospital. Gifts from his foundation have provided major funding for a breast-care center, and for a “fast-track” system that enables patients arriving at the hospital to be seen and assessed as quickly as possible.

Delia O’Connor, CEO and president of Anna Jaques, said, “Curt Gerrish has been terrifically generous to Anna Jaques Hospital, and his and his family foundation’s lifetime giving to this hospital now exceeds $1 million.

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