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Indian CEO killed by sacked worker
WSN Network 

SILICON VALLEY: Less than two months after the managing director of Italian firm Graziano's Indian subsidiary was lynched in Noida by sacked workers, IIT-educated Sid Agrawal, the CEO of a US semiconductor company, was shot dead by a laid-off worker in California. 

Police are searching for Jing Hua Wu, 47, who worked as a lead product test engineer for the four-year-old firm, SiPort, till a few days ago when he was laid off. Wu is also reported to have shot SiPort's vice-president of operations, Brian Pugh, and a woman whose identity is withheld. It is not clear if Wu was retrenched because of the economic slowdown.

Investigators are trying to find out if this led him to kill teh company's top management. A massive manhunt is on for Wu, who is reported to have driven off in a silver SUV.

According to a report in the San Jose Mercury newspaper, Friday's violent scene erupted just before 4 pm. Police say Wu reached SiPort's offices and began shooting.

Agrawal was an electrical engineeer who graduated from IIT Kanpur in 1974. He moved to the US and did his MS from Southern Illinois University and MBA from the University of Chicago.

He was all set to visit IIT-K next month for the 35th reunion of his batch. He was excited at the prospect of meeting his batchmates, said Kripa Shanker, former deputy director of the institute. In a tragic coincidence, L K Chaudury, the slain CEO of Graziano India, was also from IIT-Kanpur.

Agrawal became an entrepreneur after working with leading tech companies such as Intel, Bell Labs and Adobe. Abhay Bhushan, president of the IIT-K alumni association, described him as a passionate entrepreneur. Each time he got bored, he started a new company. There’s so much to learn he would say, Bhushan said. Agrawal is survived by wife Asha and two sons.

SiPort, which was Agrawal’s fourth or fifth venture, is a small firm specialising in developing digital radio semiconductors.

19 November 2008
 

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