Albert Chao - Westlake Chemical CEO

WLK Stock  USD 129.16  1.25  0.98%   

CEO

Mr. Albert Y. Chao is President, Chief Executive Officer, Director of Westlake Chemical Corporationrationration. Mr. Chao was 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 Chemical Corporationrationration, where he served as Executive Vice President until he succeeded James Chao as President. In addition, Mr. Chao was the President, Chief Executive Officer and a director of Westlake Partners general partner since its formation in March 2014. He has held positions in the Controller Group of Mobil Oil Corporationrationration, 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 since 2004.
Age 74
Tenure 20 years
Professional MarksMBA
Address 2801 Post Oak Boulevard, Houston, TX, United States, 77056
Phone713 960 9111
Webhttps://www.westlake.com
Chao received a bachelor degree from Brandeis University and an M.B.A. from Columbia University.

Westlake Chemical Management Efficiency

The company has Return on Asset of 0.0246 % which means that on every $100 spent on assets, it made $0.0246 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0126 %, implying that it generated $0.0126 on every 100 dollars invested. Westlake Chemical's management efficiency ratios could be used to measure how well Westlake Chemical manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to 0.03. The value of Return On Capital Employed is expected to slide to 0.04. At this time, Westlake Chemical's Liabilities And Stockholders Equity is quite stable compared to the past year. Total Current Liabilities is expected to rise to about 2.9 B this year, although the value of Change To Liabilities is projected to rise to (17.5 M).
Westlake Chemical has 5.52 B in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. Westlake Chemical has a current ratio of 2.43, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Westlake to invest in growth at high rates of return.

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Westlake Corporation manufactures and supplies petrochemicals, polymers, and building products worldwide. The company was founded in 1986 and is headquartered in Houston, Texas. Westlake Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 14550 people. Westlake Chemical (WLK) is traded on New York Stock Exchange in USA. It is located in 2801 Post Oak Boulevard, Houston, TX, United States, 77056 and employs 15,520 people. Westlake Chemical is listed under Commodity Chemicals category by Fama And French industry classification.

Management Performance

Westlake Chemical Leadership Team

Elected by the shareholders, the Westlake Chemical's board of directors comprises two types of representatives: Westlake Chemical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westlake. The board's role is to monitor Westlake Chemical's management team and ensure that shareholders' interests are well served. Westlake Chemical's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Westlake Chemical's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeffrey Sheets, Independent Director
Kimberly Lubel, Independent Director
John Chao, Director
R Northcutt, Independent Director
JeanMarc Gilson, President CEO
Andrew Kenner, Senior Vice President, Chemical Manufacturing
David Chao, Director
Marius Haas, Independent Director
James Chao, Chairman of the Board
Lawrence Schubert, Vice Sustainability
L Ederington, Senior Vice President General Counsel, Chief Administrative Officer and Corporate Secretary
Jeff Holy, VP Treasurer
Mark McCollum, Independent Director
M Bender, Chief Financial Officer, Executive Vice President, IR Contact Officer
Jeffrey Holy, VP Officer
Johnathan Zoeller, Chief Accounting Officer, Vice President
Benjamin JD, General Materials
Benjamin Ederington, Chief Admin. Officer, VP, General Counsel and Corporate Secretary
Robert Buesinger, Executive Vice President - Housing and Infrastructure Products, IT and Digital
Albert Chao, CEO and President Director, Member of Nominating and Governance Committee, Member of Compensation Committee and Member of Corporate Risk Committee
Mark CPA, Executive CFO
Michael Graff, Independent Director
KarlMartin Schellerer, Managing VP
Lawrence Teel, Executive Vice President, Special Advisor to the CEO
Roger Kearns, Chief Operating Officer, Executive Vice President - Performance and Essential Materials
Dorothy Jenkins, Director
Thomas Janssens, PEM Operations

Westlake Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Westlake Chemical a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Westlake Chemical is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westlake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westlake Chemical Stock. Highlighted below are key reports to facilitate an investment decision about Westlake Chemical Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Westlake Stock please use our How to buy in Westlake Stock guide.
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Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westlake Chemical. If investors know Westlake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westlake Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
2.05
Earnings Share
0.72
Revenue Per Share
94.405
Quarterly Revenue Growth
0.001
The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westlake Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.