The estimated Net Worth of Albert Chao is at least $99.4 million dollars as of 16 August 2024. Mr. Chao owns over 45,298 units of Westlake stock worth over $81,527,068 and over the last 20 years he sold WLK stock worth over $7,035,798. In addition, he makes $10,880,500 as President, Chief Executive Officer et Director at Westlake.
Albert has made over 54 trades of the Westlake stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 45,298 units of WLK stock worth $3,084,341 on 16 August 2024.
The largest trade he's ever made was buying 1,526,115 units of Westlake stock on 4 August 2014 worth over $2,167,083. On average, Albert trades about 30,897 units every 80 days since 2004. As of 16 August 2024 he still owns at least 600,214 units of Westlake stock.
You can see the complete history of Mr. Chao stock trades at the bottom of the page.
Albert Chao serves as President, Chief Executive Officer, Director of the Company. Mr. Chao has been our President since May 1996 and a director since June 2003. Mr. Chao became our Chief Executive Officer in July 2004. Mr. Chao has over 40 years of global experience in the chemical industry. In 1985, Mr. Chao assisted his father, T.T. Chao, and his brother, James Chao, in founding Westlake, where he served as Executive Vice President until he succeeded James Chao as President. 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. He is the brother of Dorothy C. Jenkins, father of John Chao and uncle of David Chao. Mr. Chao received a bachelor’s degree from Brandeis University and an M.B.A. from Columbia University.
As the President, Chief Executive Officer et Director of Westlake, the total compensation of Albert Chao at Westlake is $10,880,500. There are no executives at Westlake getting paid more.
Albert Chao is 70, he's been the President, Chief Executive Officer et Director of Westlake since 2004. There are 3 older and 20 younger executives at Westlake. The oldest executive at Westlake Corporation is Dorothy Jenkins, 74, who is the Director.
Albert's mailing address filed with the SEC is 2801 POST OAK BLVD., STE. 600, , HOUSTON, TX, 77056.
Over the last 20 years, insiders at Westlake have traded over $389,995,315 worth of Westlake stock and bought 1,580,400 units worth $52,976,570 . The most active insiders traders include Llc Ttwfgp, Lp Ttwf et Albert Chao. On average, Westlake executives and independent directors trade stock every 18 days with the average trade being worth of $5,527,059. The most recent stock trade was executed by Thomas J. Janssens on 23 August 2024, trading 14,864 units of WLK stock currently worth $1,122,381.
westlake chemical corporation (nyse: wlk) is an international manufacturer and supplier of petrochemicals, plastics and fabricated products. these chemical and plastic products enhance the daily lives of people around the world. from the tires we ride on, the plastic wrap that keeps our meats and produce fresh, the pipes that are essential to ensuring clean water, to the frames that secure our windows and doors, we play a vital role in supplying the building blocks for these products and many more. westlake chemical employs approximately 4,100 people and operates from 16 locations in north america, 7 in europe as well as 1 location in china. to learn more about westlake chemical, visit www.westlake.com.
Westlake executives and other stock owners filed with the SEC include: