People: Westlake Chemical Corp (WLK)

WLK on New York Consolidated

93.75USD
17 Sep 2014
Price Change (% chg)

$0.02 (+0.02%)
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Volume
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Summary

Name Age Since Current Position

James Chao

67 2004 Chairman of the Board

Albert Chao

65 2004 President, Chief Executive Officer, Director

M. Steven Bender

57 2011 Chief Financial Officer, Senior Vice President, Treasurer

Robert Buesinger

57 2010 Senior Vice President - Vinyls

David Hansen

63 2004 Senior Vice President - Administration

Jeffrey Taylor

60 2008 Senior Vice President - Polyethylene

George Mangieri

63 2007 Vice President, Chief Accounting Officer

L. Benjamin Ederington

44 2013 Vice President, General Counsel, Corporate Secretary

Andrew Kenner

49 2008 Vice President - Manufacturing

Lawrence Teel

55 2012 Vice President - Olefins

Dorothy Jenkins

68 2003 Director

Robert Blakely

72 2004 Independent Director

Michael Graff

59 2013 Independent Director

Max Lukens

65 2004 Independent Director

R. Bruce Northcutt

54 2013 Independent Director

H. John Riley

73 2007 Independent Director

Biographies

Name Description

James Chao

James Y. Chao is Chairman of the Board of Westlake Chemical Corporation, since July 2004. From May 1996 to July 2004, he served as Vice Chairman. Mr. Chao also has responsibility for the oversight of Vinyls business. Mr. Chao has over 40 years of global experience in the chemical industry. In November 2010, he resigned as the executive chairman of Titan Chemicals Corp. Bhd, a post he held since June 2003. Prior to that he served as Titan’s Managing Director. He has served as a Special Assistant to the Chairman of China General Plastics Group and worked in various financial, managerial and technical positions at Mattel Incorporated, Developmental Bank of Singapore, Singapore Gulf Plastics Pte. Ltd. and Gulf Oil Corporation. Mr. Chao, along with his brother Albert Chao, assisted their father T.T. Chao in founding Westlake. Mr. Chao is on the board of Baylor College of Medicine. Mr. Chao received his B.S. degree from Massachusetts Institute of Technology and an M.B.A. from Columbia University.

Albert Chao

Mr. Albert Y. Chao is President, Chief Executive Officer, Director of Westlake Chemical Corporation. Mr. Chao has been President since May 1996 and a director since June 2003. Mr. Chao became Chief Executive Officer in July 2004. Mr. Chao has over 35 years of global experience in the chemical industry. He has held positions in the Controller’s Group of Mobil Oil Corporation, in the Technical Department of Hercules Incorporated, in the Plastics Group of Gulf Oil Corporation and has served as Assistant to the Chairman of China General Plastics Group and Deputy Managing Director of a plastics fabrication business in Singapore. Mr. Chao is a trustee of Rice University. Mr. Chao received a bachelor’s degree from Brandeis University and an M.B.A. from Columbia University.

M. Steven Bender

Mr. M. Steven Bender is Chief Financial Officer, Senior Vice President, Treasurer of Westlake Chemical Corporation. He has been our Senior Vice President and Chief Financial Officer since February 2008. In addition, Mr. Bender has served as Treasurer since July 2011, a position he also held from February 2008 until December 2010. From February 2007 to February 2008, Mr. Bender served as Vice President, Chief Financial Officer and Treasurer and from June 2005 to February 2007, he served as Vice President and Treasurer. From June 2002 until June 2005, Mr. Bender served as Vice President and Treasurer of KBR, Inc., and from 1996 to 2002 he held the position of Assistant Treasurer for Halliburton Company. Prior to that, he held various financial positions within that company. Additionally, he was employed by Texas Eastern Corporation for over a decade in a variety of increasingly responsible audit, finance and treasury positions. Mr. Bender received a Bachelor of Business Administration from Texas A&M University and an M.B.A. from Southern Methodist University. Mr. Bender is also a Certified Public Accountant.

Robert Buesinger

Mr. Robert F. Buesinger is Senior Vice President - Vinyls of Westlake Chemical Corporation, since April 2010. Prior to joining the Company, Mr. Buesinger served as the General Manager and President of Chevron Phillips Chemical Company L.P.'s Performance Pipe Division from February 2010 to March 2010. From June 2008 to January 2010, Mr. Buesinger held the position of General Manager in the Alpha Olefins and Poly Alpha Olefins business of Chevron Phillips Chemical Company L.P. From April 2005 to May 2008, he served as the President and Managing Director of Chevron Phillips Singapore Chemicals Pte. Ltd. and Asia Region General Manager for Chevron Phillips Chemical Company L.P. Prior to that, he held technical and sales management positions within that company. Mr. Buesinger holds a B.S. in Chemical Engineering from Tulane University.

David Hansen

Mr. David R. Hansen is Senior Vice President - Administration of Westlake Chemical Corporation, since September 1999. He served as Vice President, Human Resources from 1993 to 1999. From August 2003 until July 2004 he was aSecretary. Prior to joining the Company in 1990, Mr. Hansen served as Director of Human Resources & Administration for Agrico Chemical Company and held various human resources and administrative management positions within the Williams Companies. He has 30 years of administrative management experience in the oil, gas, energy, chemicals, pipeline, plastics and computer industries. He received his Bachelor of Science degree in Social Science from the University of Utah and has completed graduate work toward an M.S. in Human Resources Management.

Jeffrey Taylor

Mr. Jeffrey L. Taylor is Senior Vice President - Polyethylene of Westlake Chemical Corporation, since April 2008. From January 2003 to April 2008, Mr. Taylor served as Vice President, Polyethylene. Mr. Taylor joined the company in March 2002 as Manager, Polyethylene Marketing. Mr. Taylor joined after a 25-year career with Chevron Phillips Chemical Company where he served as the Vice President, Polyethylene, Americas from 2000 to 2001 and Marketing Manager-Polyethylene from 1999 to 2000. During his career, he has held a of sales, marketing, operations and general management assignments. He is a graduate of the University of Delaware with a B.S. in Business Administration and a B.A. in Mathematics.

George Mangieri

Mr. George J. Mangieri is Vice President, Chief Accounting Officer of Westlake Chemical Corporation, since February 2007. From April 2000 to February 2007, he was Vice President and Controller. Prior to joining the Company, Mr. Mangieri served as Vice President and Controller of Zurn Industries, Inc. from 1998 to 2000. He previously was employed as Vice President and Controller for Imo Industries, Inc. in New Jersey, and spent over 10 years in public accounting with Ernst & Young LLP, where he served as Senior Manager. He received his Bachelor of Science degree from Monmouth College and is a Certified Public Accountant.

L. Benjamin Ederington

Mr. L. Benjamin Ederington is Vice President, General Counsel, Corporate Secretary of Westlake Chemical Corporation. since October 2013. Prior to joining Westlake, he held a variety of senior legal positions at LyondellBasell Industries, N.V. and its predecessor companies, LyondellBasell Industries AF SCA and Lyondell Chemical Company, including most recently as Associate General Counsel, Commercial & Strategic Transactions from March 2010 to September 2013, interim Director of Government Affairs from March 2010 to April 2011 and Lead Counsel, Chemicals from December 2007 to March 2010. He began his legal career more than 17 years ago at the law firm of Steptoe & Johnson, LLP. Mr. Ederington holds a B.A. from Yale University and received his J.D. from Harvard University.

Andrew Kenner

Mr. Andrew Kenner is Vice President - Manufacturing of Westlake Chemical Corporation, since July 2008. Mr. Kenner joined to the company after a 19-year career at Valero Energy Corporation where he served as Vice President and General Manager of Valero's Delaware City Refinery from September 2005 to July 2008. From August 2004 to September 2005, Mr. Kenner held the position of Vice President and General Manager of Valero's Houston Refinery. Mr. Kenner holds a B.S. in Aerospace Engineering from Texas A&M University and a M.S. in Chemical Engineering from the University of Texas at Austin.

Lawrence Teel

Mr. Lawrence E. (Skip) Teel is Vice President - Olefins of Westlake Chemical Corporation, since July 2012. Mr. Teel joined the company in September 2009 as Director, Olefins and Feedstock after a 23-year career with Lyondell Chemical Company where he served as the Vice President, Refining from August 2006 to May 2008. From 2001 to 2006, Mr. Teel held the position of Director, Corporate Planning and Business Development at Lyondell Chemical Company. During his career, he has held a marketing, operations and general management assignments. Mr. Teel received a B.S. in Chemical Engineering from New Mexico State University and an M.S. in Finance from the University of Houston.

Dorothy Jenkins

Ms. Dorothy C. Jenkins is Director of Westlake Chemical Corporation, since June 2003. For the past five years, Ms. Jenkins has managed her personal investments. She is also a member of the board of various civic and charitable organizations including Wellesley College. She is a graduate of Wellesley College and holds a B.S. in Mathematics.

Robert Blakely

Mr. Robert T. Blakely,Ph.D., is an Independent Director of Westlake Chemical Corporation, since August 2004. Mr. Blakely served as Chief Financial Officer of the Federal National Mortgage Association (Fannie Mae) from January 2006 until August 2007. He served as Fannie Mae’s Executive Vice President from January 2006 until January 2008. His prior positions include: Executive Vice President and Chief Financial Officer of MCI, Inc. from April 2003 to January 2006; President of Performance Enhancement Group, Ltd. from July 2002 to April 2003; Executive Vice President and Chief Financial Officer of Lyondell Chemical Company from November 1999 to June 2002; Executive Vice President of Tenneco Inc. from 1996 to November 1999 and Chief Financial Officer from 1981 to November 1999; and Managing Director of Morgan Stanley & Co. from 1980 to 1981 and an employee from 1970. He has served on the Board of Directors of Natural Resource Partners L.P. from January 2003 to the present, the Board of Directors of Greenhill & Co., Inc. from April 2009 to the present and the Board of Directors of Ally Financial (formerly GMAC Inc.) from May 2009 to the present. He is a trustee emeritus of Cornell University. At year-end 2012, he completed a five-year term as a Trustee of the Financial Accounting Foundation. He is also a director of St. Luke’s Episcopal Hospital System. He holds a B.M.E. degree in mechanical engineering and a M.B.A. in business administration from Cornell University and a Ph.D. from the Massachusetts Institute of Technology.

Michael Graff

Mr. Michael J. Graff is an Independent Director of Westlake Chemical Corporation, since May 2013. Mr. Graff is Chairman and Chief Executive Officer of American Air Liquide Holdings, Inc. and a Senior Vice President of the Air Liquide Group with responsibility for the Americas, Safety and Industrial Systems Worldwide and is Chairman of the Electronics World Business Line. Mr. Graff joined Air Liquide as President and CEO of Air Liquide USA LLC in April 2007. In January 2009 he took on additional responsibilities and was named President and CEO of American Air Liquide Holdings, Inc. In May 2009, Mr. Graff was named a Corporate Vice President of Air Liquide S.A. and member of the Executive Committee of the Air Liquide Group with responsibilities for North America and Safety and Industrial Systems Worldwide. In January 2010 Mr. Graff’s responsibilities were expanded to include responsibility for all of Air Liquide’s operations in the Western hemisphere (Americas). In April 2012, Mr. Graff’s responsibilities were expanded to include oversight of Air Liquide’s electronic business worldwide and he was named Chairman of the Electronics World Business Line. In January 2013 Mr. Graff was named a Senior Vice Present of the Air Liquide Group and in April 2013 he was named Chairman of American Air Liquide Holdings, Inc. Prior to joining Air Liquide, Mr. Graff began his career with Amoco Corporation and then worked for BP plc, where he last served as President and Chief Executive Officer of BP Polymers Americas from 2001 to 2004. Mr. Graff served as a director of The Lubrizol Corporation from 2009 until it was acquired by Berkshire Hathaway Inc. in 2011. Mr. Graff serves on the Board of the American Chemistry Council and on the Executive Committee of the Society for Chemical.

Max Lukens

Mr. Max L. Lukens is an Independent Director of Westlake Chemical Corporation, since August 2004. Since May 2006, Mr. Lukens has managed his personal investments. Mr. Lukens served as President and Chief Executive Officer of Stewart & Stevenson Services, Inc. until May 2006 and prior to that served as its Chairman of the Board from December 2002 to March 2004, and Interim Chief Executive Officer and President, from September 2003 to March 2004. He was also previously employed by Baker Hughes Incorporated from 1981 to January 2000, where he served as Baker Hughes’ Chairman of the Board, President and Chief Executive Officer from 1997 to January 2000. Between 2003 and 2009, he served as a director of NCI Building Systems, Inc. He also served as a director of The Pep Boys—Manny, Moe & Jack from August 2006 until October 2007 and again from June 2009 until September 2011. He was also Chairman of the Board of that company from June 2009 until he resigned in September 2011. Mr. Lukens was a Certified Public Accountant with Deloitte Haskins & Sells for 10 years and received both his B.S. and M.B.A. degrees from Miami University.

R. Bruce Northcutt

Mr. R. Bruce Northcutt is an Independent Director of Westlake Chemical Corporation, since May 2013. Mr. Northcutt has been a partner of Navitas Midstream Partners, LLC since November 2013. Mr. Northcutt was the President and Chief Executive Officer and a director of Copano Energy, L.L.C. until its acquisition by Kinder Morgan Energy Partners, L.P. in May 2013. Mr. Northcutt had also served as Copano’s President and Chief Operating Officer from April 2003 until November 2009. Mr. Northcutt served as President of El Paso Global Networks Company from November 2001 until April 2003; Managing Director of El Paso Global Networks Company from April 1999 until November 2001 and Vice President, Business Development, of El Paso Gas Services Company from January 1998 until April 1999. From 1988 until 1998, Mr. Northcutt held positions with various levels of responsibility at El Paso Energy and its predecessor, Tenneco Energy, including supervision of pipeline supply and marketing as well as regulatory functions. He began his career with Tenneco Oil Exploration and Production in 1982, working in the areas of drilling and production engineering. Mr. Northcutt holds a Bachelor of Science degree in Petroleum Engineering from Texas Tech University and is a Registered Professional Engineer in the State of Texas.

H. John Riley

Mr. H. John Riley, Jr., is an Independent Director of Westlake Chemical Corporation, since November 2007. Mr. Riley served as Chairman of the Board of Directors of Cooper Industries, Ltd., from May 1996 until February 2006 and served as its Chief Executive Officer from September 1995 to May 2005. He was President of Cooper Industries, Ltd. from 1992 to 2004, its Chief Operating Officer from 1992 to 1995 and its Executive Vice President, Operations from 1982 to 1992. He was associated with Cooper Industries, Ltd. for more than 40 years. In addition, from 1997 to the present he has been serving as a director of Baker Hughes Incorporated. From 1998 to the present he has been serving as a director of Allstate Corporation. He also currently serves as a director of Post Oak Bank, N.A., a private bank. He is a trustee of the Museum of Fine Arts in Houston and a trustee of Syracuse University. Mr. Riley holds a B.S. in Industrial Engineering from Syracuse University. He also completed the Harvard University Advanced Management Program.

Basic Compensation

Options Compensation

Name Options Value

James Chao

216,123 8,531,418

Albert Chao

187,987 8,210,784

M. Steven Bender

10,034 610,186

Robert Buesinger

0 0

David Hansen

26,552 305,464

Jeffrey Taylor

22,921 811,920

George Mangieri

0 0

L. Benjamin Ederington

0 0

Andrew Kenner

0 0

Lawrence Teel

0 0

Dorothy Jenkins

0 0

Robert Blakely

0 0

Michael Graff

0 0

Max Lukens

0 0

R. Bruce Northcutt

0 0

H. John Riley

0 0
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