David E. Hershberg Founder, CEO & Chairman of Globecomm Systems
This talk begins with a brief history of David Hershberg’s illustrious career, explaining how and why he decided to start two companies in a field dominated by large corporations. Hershberg will discuss some basic principles and lessons learned over 50 successful years in the business that have served him well and are important for any aspiring entrepreneur. The details of the talk will center on core values, company culture, people issues, and financial and legal aspects.
David Hershberg started his career in 1959 at ITT Defense Communications working on earth stations for the first active communications satellite carrier. He founded ITT Space Communications in 1968; Comtech Systems Division in 1972; and Satellite Transmission Systems (STS) in 1976, where he served for 18 years as President and CEO. STS became the global leader and premier company in the field of satellite communications ground station systems.
Hershberg founded Globecomm Systems (GSI) in 1994 as an integrator of satellite communication systems and networks. It soon became a leading provider of end-to-end solutions. In 1996 he founded NetSat Express which is now known as Globecomm Network Services, as a subsidiary of GSI, to provide Internet service to developing countries. It is now a leading provider of Internetvia- satellite services for international ISPs and end-to-end Enterprise Solutions with content delivery offerings.
Working to improve United States industry competitiveness, Hershberg has testified before the U.S. Congress, and advised President Bill Clinton on competitive trade issues. He has worked on trade issues with the Department of Commerce, the U.S. Trade representative, AEA, TIA, and the Council on Competitiveness.
Hershberg has won the Ernst & Young Entrepreneur of the Year Award for the Long Island region in the Emerging Technology category, the Leroy R. Grumman Award at the Cradle of Aviation Museum for technical achievement in satellite communications, and many other awards. In 2008 he was inducted into the Long Island Technology Hall of Fame (LITHF).
Hershberg holds master’s degrees in Electrical Engineering from Columbia University and Management Science from Stevens Institute of Technology and a B.E.E. from Rensselaer Polytechnic Institute (RPI).