Wentworth Honoring Top Business Execs
August 5, 2016
Faraj Aalaei (left) and Mark Stoever will be honored at Wentworth's Commencement ceremony
Two industry pioneers, Aquantia Corp.’s Faraj Aalaei and Monster Worldwide’s Mark Stoever, are scheduled to receive honorary degrees from their alma mater, Wentworth Institute of Technology.
The degrees recognize the leadership, ingenuity, and innovative spirit that Aalaei and Stoever have demonstrated in their careers, according to school officials.
Aalaei, ’81, and Stoever, ’97, right, will receive their honorary engineering doctorates at Wentworth’s summer commencement on Aug. 21 at the Blue Hills Bank Pavilion. An estimated 700 bachelor’s and master’s degrees will be awarded there, as well.
Stoever, who will be delivering the main address at the exercises, is president and chief operating officer at Monster, where he oversees the company’s business operations, including sales, marketing, customer service, and product and technology organizations.
Monster is a global provider of a full array of job-seeking, career-management, recruitment and talent-management products and services.
Stoever holds a bachelor of science degree in project management from Wentworth Institute of Technology, and a master’s degree in business administration from Boston University.
Aalaei, a veteran of the communications industry and “repeat entrepreneur with the Midas touch,” is the CEO and president of Aquantia Corp., an Ethernet trailblazer and leading semiconductor developer of high-speed connectivity solutions for data centers and enterprise applications. In 2015, Aquantia surpassed all Silicon Valley-based companies by achieving the fastest revenue growth rate on Deloitte’s annual list.
Aalaei has been at the forefront of technical advancements throughout his career—from helping develop the world’s first broadband modem for CATV networks, and the first Optical SONET systems while at Bell Laboratories, to pioneering DSL technology. He has raised over $300 million for his companies—one of which was valued at $4 billion.
A former member of Wentworth’s Board of Trustees, he holds a bachelor of science degree in electronic engineering technology from the Institute, a master’s degree in electrical engineering from the University of Massachusetts and an MBA from University of New Hampshire.
Wentworth has more than 38,000 alumni in 72 countries and all 50 states; Washington, D.C., Guam, Puerto Rico and the Virgin Islands.
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