Shirley Wang Explained

Shirley Wang
Nationality:American
Occupation:Account executive, businesswoman, philanthropist
Alma Mater:University of California at Los Angeles (B.A.)
Columbia Business School (M.B.A.)
Known For:The Walter and Shirley Wang Foundation, Plastpro, Inc.
Spouse:Walter Wang
Relatives:Wang Yung-ching (father-in-law)
Children:3

Shirley Wang is an American businesswoman and philanthropist. She is the co-founder of The Walter and Shirley Wang Foundation, a philanthropic organization. She is also the founder and CEO of Plastpro, Inc., a leading fiberglass door manufacturer founded in Los Angeles in 1994.

Early life and education

Wang earned her Bachelor of Arts in communications and international business at University of California-Los Angeles in 1990 and earned her M.B.A. at Columbia Business School in 1993. From 1990 to 1991, Wang worked as an account executive for J. Walter Thompson Advertising, where she managed client accounts including Borden Foods and Chivas Regal.[1] She then worked as an account executive for Citigroup from 1993 to 1994.

Business career

In 1994, Wang founded Plastpro, Inc., a millwork products importer, manufacturer, and distributor that specializes in fiberglass doors.[2]

In 2005, Plastpro, Inc. opened the world's first fully automated millwork manufacturing facility, a 300,000-square-foot factory in Ashtabula, Ohio, in the United States.[3] [4] [5] The plant can produce up to one million finished doors per year.[6]

Philanthropy

In July 2016, Wang was appointed the first Asian-American woman to chair the UCLA Foundation Board, and has served on the UCLA Board of Directors since 2008.[7] [8] [9] She is likewise a member of the executive committee for the Centennial Campaign for UCLA, a UCLA Foundation board that raises money for student scholarships and fellowships, which raised $5.49 billion and counting.[10] [11] Wang has served on numerous other boards including the Boards of Directors of both Facing History and Ourselves and the Preferred Bank (PFBC).[12] [13] [14] [15] In 2019, Wang's company, Plastpro, Inc., donated $100,000 toward an endowment at Glenbeigh Hospital for addiction.[16]

Alongside her husband Walter, Wang is co-founder of the Walter and Shirley Wang Foundation. The foundation has supported various philanthropic initiatives in the realms of education, poverty reduction, assistance to domestic violence victims, Asian immigrant welfare, cancer research, and AIDS research and advocacy.[17] The couple are members of the Committee of 100 (C-100).[18] Wang and her husband are trustees of the U.S. Olympic Committee and also serve on the Board of the Los Angeles Olympic Committee 2028.[19]

Shirley and Walter Wang donated to UCLA to establish an endowment to support both students from middle-income families and students studying abroad.[20] At UCLA, the foundation endowed the first academic chair on U.S.-China relations and Chinese American studies in the United States, as well as a chair for Drug Discovery at the university.[21] [22] [23] One of Shirley Wang's first major gifts to UCLA, her alma mater, was an endowment in partnership with the China Institute to send teachers to China, promoting intercultural communications.[24] The couple also funded Wang Hall at the Harvard-Westlake School in Los Angeles, providing the lead donation for the renovation of the Harvard Westlake Humanities and Art Building.[25] [26] Wang serves as the chair of the Education Committee and is a member of the Board of Trustees of Harvard-Westlake School.[27]

The Wangs were prominent supporters of the Drug Enforcement Administration Foundation and helped bring the DEA Museum to the California Science Center in Los Angeles to educate the public on illegal drugs and trafficking.[28] The Wangs also established an endowed chair at the Cedar Sinai Medical Center for Pediatric Surgery to fund novel research in pediatric surgery, as well as assist underprivileged children in need of surgery.[29] The Walter and Shirley Wang Foundation donated $250,000 to found an Outward Bound Center for underprivileged youth in New York, New York.[30]

In the wake of the COVID-19 global pandemic, Plastpro, Inc. and JM Eagle donated surgical masks to Ohio facilities local to the Plastpro, Inc. factory.[31] [32] [33] The Wangs donated $1 million to the Mayor's Fund of Los Angeles, as well as supplies for the creation of face shields for use at Cedars Sinai Medical Center and the Innovation Lab at UCLA.[34]

In October 2020, Wang was elected to her alma mater Columbia University's board of trustees – a role in which she actively supports both the renovation of undergraduate students common areas and the construction of the new home for the Columbia Business School on the Manhattanville campus. With their two children currently attending Columbia College, Wang also sits on the college's Parent Leadership Council.[35]

In March 2022, Wang and her husband donated $10 million to Columbia to enhance undergraduate social life in John Jay Hall, Wallach Hall, and Alfred Lerner Hall.[36] She also donated $1 million to fund a passageway linking the two new buildings on Columbia Business School's new campus in Manhattanville.

In 2022, as sponsors, the Wangs heavily contributed to the doubling of the LPGA's LA Championship purse, which now sits at $3 million.[37]

See also

Notes and References

  1. Web site: Social Networks and Archival Context J. Walter Thompson company . June 6, 2020.
  2. Plastpro Manufactures Maintenance-Free Vinyl Wainscoting . January 17, 2008. May 11, 2020.
  3. Plastpro Opens World's First Fully Automated Door Manufacturing Facility in Northeast Ohio... . June 3, 2005. May 11, 2020.
  4. Web site: Plastpro opens Ohio door plant . June 20, 2005. May 11, 2020.
  5. Web site: Plastpro Opens Plant in Ashtabula . May 9, 2020.
  6. Web site: Our History, Plastpro, Inc.. . May 3, 2020.
  7. Web site: UCLA Foundation Names New Board Members Following Record-Breaking Endowment . August 3, 2015. May 11, 2020.
  8. Web site: UCLA Foundation - Board of Directors . May 11, 2020.
  9. Web site: UCLA Leaders Strengthen Bonds and Commitment in Asia Tour . May 11, 2020.
  10. Web site: UCLA Advocate in Action: Shirley Wang Helps Build a Lasting Foundation for Higher Education . July 12, 2017. May 3, 2020.
  11. News: UCLA Raises $5.49 billion in one of most ambitious campaigns ever by a public university . Ucla . June 8, 2020.
  12. Web site: Facing History and Ourselves at 40 . May 11, 2020.
  13. Web site: Preferred Bank (PFBC) Announces Shirley Wang to Board. May 11, 2020.
  14. Preferred Bank Appoints New Director . September 19, 2018 . May 11, 2020.
  15. Web site: WSJ Markets - Preferred Bank Los Angeles . May 11, 2020.
  16. Web site: Gazette News . May 26, 2020.
  17. Web site: Global Chinese Philanthropy Initiative . May 3, 2020.
  18. Web site: Committee of 100 . May 30, 2020.
  19. Web site: USOPF Trustees . May 11, 2020.
  20. Web site: Donors of Chinese descent vastly increase philanthropy, mostly to higher education . . September 6, 2017. May 11, 2020.
  21. Web site: UCLA's Global Professor Min Zhou Appointed to Walter and Shirley Wang Endowed Chair . May 3, 2020.
  22. Web site: UCLA's Global Professor Min Zhou Appointed to Walter and Shirley Wang Endowed Chair . May 11, 2020.
  23. Web site: $2 million gift establishes two new endowments . May 29, 2020.
  24. Web site: UCLA Gets $1 Million for Chinese American Program . May 29, 2020.
  25. Web site: HW Chronicle Wang Hall Opens, Classrooms Converted . May 3, 2020.
  26. Web site: HW Chronicle School Holds Wang Hall Reception . May 3, 2020.
  27. Web site: Administration, trustees rename Reynolds Hall . May 11, 2020.
  28. Web site: Target America Exhibit Hosts Special Programs in December at the California Science Center . May 3, 2020.
  29. Web site: A Tradition of Closeness and Compassion . May 11, 2020.
  30. Web site: Shirley Wang to Receive Ellis Island Medal of Honor . May 3, 2011 . May 11, 2020.
  31. Web site: PANDEMIC COVID-19 has changed everything . June 19, 2020.
  32. Web site: Plastpro Donates Surgical Masks To Ohio Local Facilities . May 11, 2020.
  33. Web site: Plastpro Donates Surgical Masks to Ohio Local Facilities . May 11, 2020.
  34. Web site: Racist attacks are mounting, but in L.A., Taiwanese Americans are among the first to help . May 30, 2020.
  35. Web site: October 20, 2020. Shirley Wang Elected to Columbia's Board of Trustees. November 16, 2020.
  36. Web site: An Investment in Nurturing Community on Our Campuses . 2022-03-05 . Columbia News . en.
  37. Web site: LPGA's LA Championship purse will double to $3 million in 2023 with addition of new sponsors. golfweek.usatoday.com. October 19, 2022 . 2 December 2023.