Charles Holliday

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Person.png Charles Holliday   SourcewatchRdf-entity.pngRdf-icon.png
(businessman)
Charles Holliday.jpg
BornMarch 9, 1948
NationalityUS
Alma materUniversity of Tennessee
Chemical and Oil executive; member of elite environmental organizations

Employment.png Shell/Chairman

In office
May 2015 - Present
Preceded byJorma Ollila

Employment.png DuPont/CEO

In office
1998 - December 31, 2008

Charles Otis "Chad" Holliday, Jr. is an American businessman, the chairman of Royal Dutch Shell, former chairman of Bank of America,[1] former chief executive officer and a former director of E. I. du Pont de Nemours and Company (DuPont).[2] He is chairman emeritus of the U.S. Council on Competitiveness and chairman of the Business Roundtable's Task Force for Environment, Technology and Economy. Holliday is also a founding member of the International Business Council.

He was a director at the Climate Works Foundation, on the Corporate Council of The Conservation Fund and at World Wildlife Foundation from 2009 to around 2013.

Early life

Holliday was born in 1948 and grew up in Nashville, Tennessee. He graduated from John Overton High, where he met his future wife, Ann.[3] Holliday earned his B.S. in industrial engineering from the University of Tennessee in 1970. He was a member of the Pi Kappa Alpha fraternity Zeta chapter. Holliday started at DuPont in the summer of 1970 at DuPont's Old Hickory site. He then turned a summer job at DuPont into a full-time position as an engineer.[4] He advanced through manufacturing and supervisory positions around the world until he was named CEO in 1998.

Professional career

Holliday was the 18th CEO of DuPont in more than 200 years of DuPont history. Under Holliday's leadership, DuPont established a goal of achieving sustainable growth – increasing shareholder and societal value while simultaneously decreasing DuPont's environmental footprint. As a result, DuPont has shifted from being a chemical company to being a science-based products and services company. On September 23, 2008, DuPont announced that Holliday would retire as CEO on December 31, 2008, and that its board of directors had elected Ellen J. Kullman to succeed Holliday with effect from January 1, 2009.[2] On 30 October 2009, DuPont announced that Holliday would retire as chairman with effect from December 31, 2009, and that Kullman had been appointed chairman effective from that date.[5][6]

Holliday currently serves as the chairman of Council on Competitiveness and the Business Roundtable's Task Force for Environment, Technology and Economy.[7] Holliday has previously was chairman of the World Business Council for Sustainable Development (WBCSD) and chairman of the Society of Chemical Industry – American Section.[7] He was chairman of The Business Council in 2003 and 2004.[8] He is also a founding member of the International Business Council and serves on the board of advisors of the Nicholas Institute for Environmental Policy Solutions.

On September 21, 2009, Holliday was elected to the board of directors of Bank of America Corporation[9] and he was elected chairman on April 28, 2010.[10] Holliday holds an honorary doctorate from Polytechnic University, and is a licensed professional engineer.[11]

Compensation

While CEO of DuPont in 2008, Holliday earned total compensation of $10,213,441, which included a base salary of $1,369,500, a cash bonus of $1,732,000, stocks granted of $4,796,309, and options granted of $2,166,672.[12]

 

Events Participated in

EventStartEndLocation(s)Description
WEF/Annual Meeting/200923 January 200927 January 2009World Economic Forum
Switzerland
Chairman Klaus Schwab outlined five objectives driving the Forum’s efforts to shape the global agenda, including letting the banks that caused the 2008 economic crisis keep writing the rules, the climate change agenda, over-national government structures, taking control over businesses with the stakeholder agenda, and a "new charter for the global economic order".
WEF/Annual Meeting/201620 January 201623 January 2016World Economic Forum
Switzerland
Attended by over 2500 people, both leaders and followers, who were explained how the Fourth Industrial Revolution would changed everything, including being a "revolution of values".
WEF/Annual Meeting/201717 January 201720 January 2017World Economic Forum
Switzerland
2950 known participants, including prominently Bill Gates. "Offers a platform for the most effective and engaged leaders to achieve common goals for greater societal leadership."
Many thanks to our Patrons who cover ~2/3 of our hosting bill. Please join them if you can.


References