Michael Silver (CEO) explained

Michael N. Silver
Birth Date:10 May 1955
Nationality:American
Alma Mater:University of Southern California
Occupation:Materials Science Entrepreneur & Inventor
Organization:Chairman & CEO, American Elements
Trustee, Natural History Museum of Los Angeles County
Director, Institute of Contemporary Art, Los Angeles[1]
Known For:Founder of American Elements
Materials Science Pioneer
Rare Earths & Inner Mongolia
Philanthropy

Michael Nathan Silver (born May 10, 1955) is a business executive, philanthropist, art collector, and commentator. He is the founder and CEO of American Elements,[2] a global high-technology materials manufacturer. He helped establish the post-Cold War rare earth supply chain from China to the U.S. and Europe. His philanthropy includes sponsoring materials science and green technology conferences[3] and educational television programs on high technology and contributing funding to the arts. He served as a trustee of the Natural History Museum of Los Angeles County and serves on the directors council of the Getty Museum and on the board of directors of the Institute of Contemporary Art in Los Angeles, CA. He writes and speaks on science education[4] and Sino-American relations.[5]

Early life and education

Michael Silver was born and raised in Los Angeles, California. He attended the University of Southern California (USC) receiving a B.A. degree in behavioral neuroscience in 1978 and then attended USC's JD/MBA dual degree program graduating in 1982. He practiced corporate law for 10 years, specializing in mergers & acquisitions.

Business career

In the mid-1990s Silver founded American Elements as a manufacturer and metals refiner of rare earths and other critical metals serving U.S. industry. Upon the closing of Unocal/Molycorp in Mountain Pass, California and the Rhodia rare earth refinery in Freeport, Texas, ending U.S. rare earths metal production, he established the post-Cold War rare earth supply chain from Inner Mongolia, China to the U.S., Europe and Japan.[6] [7] He then established American Elements facilities in Salt Lake City, Utah; Monterrey, Mexico; Baotou, China;[8] and Manchester, England and expanded production to include newly discovered elemental forms of other advanced materials such as nanoparticles,[9] green technology & alternative energy materials[10] [11] and advanced military alloys.[12] In February 2021, Mr. Silver acquired 100% ownership of New Harbour Distillery, a South African-based distiller. [13]

Philanthropic activities

Silver established the not-for-profit American Elements' Academics & Periodicals Department in 2006 which supports high school, college and graduate school education in high technology and materials science. The Department has sponsored academic and industry conferences in fields including space exploration,[14] nanotechnology,[15] green technologies,[16] solar energy and robotics.[17] In 2011, it co-sponsored with the National Science Foundation a four-part PBS TV series on NOVA entitled "Making Stuff" examining the world of materials science.[18] Silver hosted a delegation in 2011 from the UCLA Medical Center in Los Angeles, California to the Inner Mongolian Medical Teaching College in Baotou, China which has led to student and teacher exchanges and the development of a joint AIDS program. He served as a trustee of the Natural History Museum of Los Angeles County (2017-2021) and serves as a member of the board of directors of the Institute of Contemporary Art, Los Angeles and the Sarara Initiative in Northern Kenya and the council of the Getty Research Institute in Los Angeles. He also serves on the directors council of the Getty Museum in Los Angeles and has underwritten artists in residence at the UCLA Hammer Museum. In winter 2021, Mr. Silver established the Michael Silver Fund with a gift to the J. Paul Getty Museum. In recognition of the gift, the Getty Board of Trustees named the Michael Silver Family Gallery at the museum.[19] He has made in-kind donations of artwork to the National Museum of African American History & Culture in Washington, DC.[20]

Writing and speeches

Silver writes and speaks on several topics including:

In 2010, Silver coined the phrases "Innovation Distortion"[38] to describe efforts to avoid the use of a given element solely because of concerns that it may be hoarded by nations with resource control of that material and "The Environmentalism Catch-22" to describe the dilemma faced by the environmental movement which both supports a green technology future reliant on solar energy, wind power, electric cars and fuel cells and concurrently opposes the mining of the critical metals from which these technologies are manufactured. In October 2014, Silver's editorial discussing these ideas was published in The Wall Street Journal.

Silver coined the phrase "Sovereign Monopolies" to describe nations that have a sufficient percent of the world's reserves of a given metal or mineral that they can dictate its cost and force industries requiring the metal to move production to their country to obtain preferential pricing.[39]

Notes and References

  1. Web site: ICA LA Board of Directors. Institute of Contemporary Art, Los Angeles. 2020-07-24.
  2. Web site: Bloomberg . Bloomberg West, Interview with Corey Johnson, August 8, 2014 . Bloomberg . 2014-08-08.
  3. Web site: OSA Executive Series, Steve Jacobs interviews Michael Silver . June 27, 2012 . Osa.org . 2014-08-04.
  4. Web site: Larry O'Connor Show - Mike Silver Interview . Blogtalkradio.com . 2011-11-30 . 2014-08-04.
  5. Web site: Rare Earth Junior Miners Should Applaud China . Community.nasdaq.com . 2012-05-22 . 2018-03-21.
  6. Web site: Let Them Compete! Solving the Rare Earth Dilemma. Industry Week. 2011-06-15. 2019-03-15.
  7. Web site: China Moves to Gain High-Tech Dominance: AE Exec Provides Insight. Mining News. Shane. Lasley. 2011-10-30. 2019-03-15.
  8. Web site: Supplies of new chip metal hafnium remain untested. Reuters. Carole. Vaporean. 2007-02-13. 2019-03-15.
  9. Web site: American Elements announces I-MITE™ Indium nanoparticles for next generation transparent anti-static packaging and coatings. Nanotechnology News . 2008-08-29.
  10. Web site: RenewableEnergyWorld.com . American Elements announces new AE Solar Energy™ Product Group, Renewable Energy World - March 16, 2007 . Renewableenergyworld.com . 2007-03-16 . 2014-08-04.
  11. Web site: China Consolidates Grip on Rare Earths. New York Times. Keith. Bradsher. 2011-09-15. 2019-03-15.
  12. http://www.industrialnewsupdate.com/news/manufacturing/archives/2007/05/american_elemen_7.php "American Elements announces new technological advance in precious metal foil manufacturing," Industrial Manufacturing News - May 4, 2007
  13. Web site: Invest in Cape Town and the Western Cape, a Place of More. 2021-06-02. 2021-06-02.
  14. http://www.isros.org/en/isros10/sponsors.htm ISROS Sponsors
  15. Web site: NanoMed Sponsors . Nanomed.uk.com . 2014-08-04.
  16. Web site: SPIE Sponsors . Asmeconferences.org . 2014-08-04.
  17. Web site: Magnesium 2012 Sponsors. 2012-11-19. https://web.archive.org/web/20120703014842/http://www.magnesium2012vancouver.com/sponsorship_exhibition.html. 2012-07-03. dead.
  18. Web site: NOVA | Making Stuff: Series Overview . Pbs.org . 2014-08-04.
  19. Web site: The Getty Magazine About the Getty Archived Winter 2021 . 2023-12-11 . The Getty Magazine.
  20. Web site: ICA LA Announces Inaugural Gala Bruncheon Honoring Carrie Mae Weems, A Capital Campaign Milestone and Three New Board Members . ICA LA . 2014-02-08 . https://web.archive.org/web/20170820035015/http://www.news.artjobs.com/art-news/ica-la-announces-inaugural-gala-bruncheon-honoring-carrie-mae-weems-capital-campaign . 2017-08-20 . dead .
  21. Web site: 'Call of Duty' video game highlights real threat. The Washington Times. Michael. Silver. Hal. Quinn. 2012-11-22.
  22. Web site: "Critical Metals & American Jobs in the 21st Century" (Video) - CEO Michael Silver's Keynote Address at the 118th NWMA Annual Meeting. December 5, 2012. American Elements.
  23. Web site: China, a Rare Earths Giant, Set to Start Importing the Elements. New York Times. 2012-07-11. 2019-03-15.
  24. Web site: Rare Earth Prices to Stay High as China Extends Crackdown. Reuters. David. Stanway. 2011-09-15. 2019-03-15.
  25. 10.1038/nphoton.2011.26. The real issues with rare earths. Nature Photonics. 5. 3. 127. 2011. Silver. Michael N.. free.
  26. Web site: WRAPUP 4-US, EU, Japan Take On China at WTO Over Rare Earths. Reuters. David. Stanway. 2012-03-13. 2019-03-15.
  27. Web site: Geopolitics trump geology in Fairbanks. Mining News. Shane. Lasley. 2012-10-30. 2019-03-15.
  28. Web site: Will the U.S. Ever Build A Strategic Metals Reserve?. The Market Oracle. Anthony. David. 2011-10-03. 2019-03-15.
  29. Web site: The Environmentalist's Catch-22 . online.wsj.com . 2014-10-10.
  30. Web site: Minerals critical to restoring luster. Mining News. Shane. Lasley. 2012-12-30. 2019-03-15.
  31. Web site: China's Rare Earths Export Restrictions in Obama's Crosshairs – Part One. MetalMiner. Taras. Berezowsky. 2012-03-14. 2019-03-15.
  32. Web site: Le Ministère est "prêt" à faire face à l'avancée des terres rares. People's Daily. 2002-02-02. 2019-03-15.
  33. Web site: White House Should Include Rare Earths in China Trade Deal - Michael Silver interviewed by CNN's Richard Quest. CNN. 2019-03-01. 2019-03-15.
  34. Web site: China's Dangerous Monopoly on Metals. Michael. Silver. Wall Street Journal. 2019-04-14. 2019-04-16.
  35. Web site: Trump Finds Reason for the U.S. to Remain in Afghanistan: Minerals . Mark. Landler. James. Risen. New York Times . 2017-07-25 . 2018-06-15.
  36. Web site: Help Afghans Exploit Their Mineral Riches. Wall Street Journal. Michael. Silver. 2017-07-25 . 2019-03-15.
  37. Web site: American Elements CEO to Trump: Stop North Korean Radioactive Black Market . Fox Business News . 2018-06-13 . 2018-06-15.
  38. Web site: Critical materials issues cut both ways . Mining Journal . 2014-03-28 . 2018-03-21.
  39. Web site: WTO Rules Against China On Rare Earths Export Restrictions . Bloomberg BNA International Trade Reporter . March 28, 2014 . Bna.com . 2014-08-04.