| CEO Name | Albert Chao |
| Nationality | United States |
| Net Worth Estimation | $500 million |
Albert Chao's estimated net worth of around $500 million originates from his long-standing executive leadership at Westlake Chemical Corporation and substantial equity holdings in the company. His wealth is further supported by board positions, investment returns, and ongoing compensation packages.
Albert Chao, CEO of Westlake Chemical Corporation, has an estimated net worth of $500,000,000, placing him at 55.6% between the minimum ($1,000,000) and maximum ($900,000,000) estimated CEO net worth in the plastics business category. His wealth positions him significantly above average among sector CEOs.
Business Category: Plastics
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 900000000 USD
Albert Chao Performance in Westlake Chemical Corporation
Albert Chao, CEO of Westlake Chemical Corporation, demonstrates strategic leadership and decisive decision-making that have driven significant growth and innovation in the company. His focus on operational efficiency and market expansion has enhanced Westlake's competitive position in the petrochemical industry. Under Chao's leadership, the company has achieved improved financial performance and strengthened its global presence.
Latest News
Westlake Chemical Corporation Appoints Jean-Marc Gilson as New CEO, Succeeding Albert Chao
Westlake Chemical Corporation named industry veteran Jean-Marc Gilson as President and CEO effective July 15, 2024, marking the first non-Chao family leader in the company's history[16]. Gilson, previously CEO of Mitsubishi Chemical Group, brings 25 years of global chemical industry experience as part of a strategic succession plan aimed at sustaining growth and shareholder value.
Source: http://www.businesswire.com/news/home/20240715230107/en/