Albert Chao
| Albert Chao | |
|---|---|
 File:Albert Chao crop 2009 CHAO.jpg Albert Chao, 2009 | |
| Born | 1949 |
| 🏳️ Nationality | Taiwanese |
| 💼 Occupation | Businessman |
| 🏅 Awards | Petrochemical Heritage Award, 2019[1] |
Albert Chao (born 1949) is a Taiwanese-American chemical industry executive and the Executive Chairman of the Board and a director of Westlake Chemical Corporation and Westlake Chemical Partners LP. He was the CEO of Westlake Corporation from July 2004 to July 2024.[2] In 2019, Albert and James Chao received the Petrochemical Heritage Award as part of the International Petrochemical Conference.[1] He also serves as a director of Suzhou Huasu Plastics Co., Ltd of China.[3]
Early life
Chao was born in 1949 and grew up in Taiwan. His father Ting Tsung Chao was born in China and moved to Taiwan with his family in 1946.[4] In the mid-1980s, Chao's family moved from Taiwan to the U.S.[5]
Education
Albert Chao received a bachelor's degree from Brandeis University and earned an M.B.A. from Columbia University.[6]
He served on Rice University's Board of Trustees.[7]
Companies
In 1986 T.T. Chao and his sons Albert and James Y. Chao founded Westlake Chemical, the largest manufacturer of low-density polyethylene in the US.[8] Albert Chao served as an executive vice president of Westlake Chemical Corporation beginning in 1986, became president in mid-1996, and in 2004, became the company's president and CEO.[1]
The Chao family also founded Suzhou Huasu Plastics Company in China as of 1993, and Titan Chemicals Corporation in Malaysia as of 1998. Albert Chao serves as a director of Suzhou Huasu Plastics Company.[1] In 2012, the Bloomberg Billionaires Index suggested his wealth to be at least $1.4 billion.[8]
References
- ↑ 1.0 1.1 1.2 1.3 "Petrochemical Heritage Award". Science History Institute. Retrieved 1 May 2019.
- ↑ Anonymous (2016-03-03). "Albert Y. Chao". Westlake Corporation. Retrieved 2024-07-30.
- ↑ "Federal Reserve Bank of Dallas". www.dallasfed.org. Archived from the original on 2020-07-02. Retrieved 2020-07-02.
- ↑ Abram, Lynwood (March 16, 2008). "Chao, pioneered petrochemical ventures around the world". Chron. Retrieved 23 January 2019.
- ↑ "Westlake Chemical's family owners are new billionaires". Family Business. September 19, 2012. Retrieved 23 January 2019.
- ↑ "Albert Chao". Westlake Chemical. 3 March 2016. Retrieved 23 January 2019.
- ↑ "Rice and Houston lose the 'wise, generous, elegant and kind' W.F. Chao". news2.rice.edu. Retrieved 2024-07-30.
- ↑ 8.0 8.1 "Hidden Billionaires Unmasked as Westlake Chemical Soars". Bloomberg. September 18, 2012.
}}
This article "Albert Chao" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Albert Chao. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
