David N. Weidman Explained

David N. Weidman
Birth Date:1955 5, mf=yes
Nationality:American
Field:Chemistry
Work Institutions:Celanese Corporation
Alma Mater:University of Michigan
Awards:Chemical Industry Medal (2012) Petrochemical Heritage Award 2017

David N. Weidman (born 1955 5, mf=yes) was Chief Executive Officer and a member of the board of directors of Celanese Corporation from December 2004 to April 2012, when he retired.[1] He received the Chemical Industry Medal from the Society of Chemical Industry in 2012,[2] and the Petrochemical Heritage Award in 2017.[3] [4]

Early life and education

Weidman was born 1955 5, mf=yes to Byron Orme and Olive Nelson Weidman in Tremonton, Utah.[5] Weidman was a finalist in the Westinghouse Science Talent Search in 1973, a highly prestigious science competition for high school seniors. He graduated with a bachelor's degree in Chemical engineering from Brigham Young University (BYU) in 1978. He graduated with an MBA from the University of Michigan's Ross School of Business in 1980.[6]

Career

Weidman began his career in the chemical industry with American Cyanamid in 1980. He rose to the position of vice president at GM Cyanamid Canada (1989-1990) and in the GM Fibers Division (1990-1994).[7]

Weidman joined AlliedSignal in 1994, holding various positions, including president and general manager of fluorine products (1995-199)[8] and president of its performance polymers business (1998-1999). When Allied Signal was acquired by Honeywell, Weidman became Honeywell President of Performance Polymers Business (1999-2000).[7]

Weidman joined Celanese AG (Celanese's predecessor) in September 2000, where he held a number of executive positions. In 2002, he became chief operating officer. In December 2004, after the company moved from Germany to the United States, he became chief executive officer and a member of the board of directors of Celanese Corporation. In January 2005, the company held its first public offering.[1] Weidman was instrumental in the company's transformation from a German-based company (trading on the Frankfurt Stock Exchange) to a global company (trading on the New York Stock Exchange.) Weidman was elected to the position of chairman of the board of directors in February 2007. He retired in April 2012.[1]

Weidman is a past chairman of the board of the Society of Chemical Industry and of the American Chemistry Council (2009).[9]

Weidman is a member of the board of the National Advisory Council of the Marriott School of Business at BYU.[10] He is a member of the Advancement Counsel for Engineering and Technology for the Ira A. Fulton College of Engineering and Technology at BYU.[11] Weidman is a member of the board of The Conservation Fund. He is a board member of The Vanishing Cultures Project.[12]

Philanthropy

Weidman and his wife, Rachel Nielsen Weidman, have served on the President's Leadership Council at BYU since 2009.[13] The couple donated $10 million towards the establishment of the Weidman Center for Global Leadership in the Ira A. Fulton College of Engineering and Technology at BYU in 2011.[14]

Religion

In 2013, David and Rachel Weidman were appointed as mission leaders for the Church of Jesus Christ of Latter-day Saints in the California Los Angeles Mission.[5] [15] After returning from California, they served at the church's Provo Missionary Training Center. Weidman was then appointed as the director of missionary effectiveness in the church's Missionary Department.[16]

Notes and References

  1. News: Weidman Announces April 2012 Retirement; Mark Rohr to Succeed as Chairman and Chief Executive Officer. 24 May 2016. Business Wire. November 7, 2011.
  2. News: Retiring Celanese CEO Wins Industry Award. 29 March 2017. Chemical Processing. March 5, 2012.
  3. Web site: Petrochemical Heritage Award. Science History Institute. 24 March 2018.
  4. Web site: 2017 Petrochemical Award Honoree Dave Weidman. The Founders Club. 29 March 2017. 30 March 2017. https://web.archive.org/web/20170330174318/http://thefoundersclub.net/page-1756507. dead.
  5. Web site: New mission presidents. Church News. February 2, 2013.
  6. Web site: CEO Compensation #132 David N Weidman. Forbes.com. 24 May 2016.
  7. Web site: David N. Weidman. NNDB Tracking the entire world. 24 May 2016.
  8. Web site: NOTICE OF SPECIAL MEETING Table of Contents CELANESE CORPORATION. US Securities and Exchange Commission. August 14, 2006. 29 March 2017.
  9. News: American Chemistry Council Elects New Board Members. 24 May 2016. Nol-tec Systems News. February 17, 2009.
  10. Web site: David N. Weidman. National Advisory Council. 25 May 2016.
  11. Web site: "A Framework of Leadership" David N. Weidman. Ira A. Fulton College of Engineering and Technology. 25 May 2016.
  12. Web site: Who We Are. The Vanishing Cultures Project. 25 May 2016.
  13. News: Smart. Michael. BYU announces $10 million donation for engineering global leadership center. 24 May 2016. Brigham Young University. March 2, 2011.
  14. Web site: The Weidman Center for Global Leadership. Brigham Young University. 24 May 2016.
  15. Web site: New mission presidents called to Hawaii, Canada and other missions. LDS Church News. February 18, 2016.
  16. News: . BYU Marriott Honors David N. Weidman . Sep 24, 2018 . 2019-11-05.