Chip Goodyear

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Charles W. Goodyear IV
Born (1958-01-18) January 18, 1958 (age 56)
Hartford, Connecticut
Nationality United States
Education BSc. (Geology & Geophysics) (Yale) 1980
MBA (Wharton) 1983
Occupation Businessman
Spouse(s) Elizabeth Dabezies
Children Charlie, Adelaide
Parents Charles W. Goodyear III (father)

Charles "Chip" Waterhouse Goodyear IV (born 18 January 1958) is the heir of a family with business interests in lumber and railway.[1][2]

He is a Yale graduate with a science degree in geology & geophysics and an MBA from the Wharton School of the University of Pennsylvania. He rowed on the lightweight crew team at Yale. He is a Member of the National Petroleum Council and International Council on Mining and Metals.[3]

He is considered by Businessweek to have been the responsible for BHP Billiton's turn-around during the 2000s, when under his leadership as CEO sales increased 47% and profits 78%, and for this reason they placed on top of their Europe's BW50 Leaders.[4] However, others such as Deloitte, put BHP's success down to rising global commodity prices. [5]

Career[edit]

Chip Goodyear was previously chief executive officer of BHP Billiton, the world’s largest diversified resources company. He joined BHP as chief financial officer (1999–2001), served as chief development officer (2001–03), appointed CEO (2003) and retiring from the position on 30 September 2007 and BHP Group on 1 January 2008. He was succeeded by Marius Kloppers[6]

Prior to BHP, he was President of Goodyear Capital Corporation and Executive Vice President & CFO of Freeport-McMoRan. Goodyear began his career as an investment banker at Wall Street brokerage, Kidder Peabody, advising companies on mergers, acquisitions and financing.

On 6 February 2009, Temasek Holdings announced his appointment as a Board member and CEO-Designate, to commence on 1 March 2009, succeeding Ho Ching from 1 October 2009.[7] He was identified as a possible candidate for the top office in Temasek in 2007, when the Temasek Board began reviewing internal and external CEO candidates since early 2005. Goodyear would have been the first foreigner to run the Singaporean sovereign fund company.[8]

On 21 July 2009, the Temasek Board and Goodyear announced that they had mutually agreed that he would not be taking over as CEO, citing differences in opinions on strategy. Instead, Ho Ching continued in the position, while Goodyear stepped down on 15 August 2009.[9]

References[edit]

  1. ^ Goodyear, George F. (1976). Goodyear Family History. Buffalo, N.Y. p. 304. OCLC 5265145. 
  2. ^ Descendants of Charles Waterhouse Goodyear Family tree.
  3. ^ Charles Goodyear's speech from 2006 Alumni Dinner. Melbourne Business School (2007). Retrieved 26 December 2007.
  4. ^ http://images.businessweek.com/ss/05/06/0526eubw50/1.htm
  5. ^ Page 7 of Deloitte report mentions: BHP Billiton posted record profits for the 6 months ended December 2010 as a result of high iron ore, copper and oil prices.
  6. ^ "BHP Billiton To Appoint Marius Kloppers As New CEO". BHP Billiton. 2007-05-31. Retrieved 4 June 2007. 
  7. ^ "Singapore's Temasek taps former BHP boss as CEO". International Herald Tribune. 2009-02-06. Retrieved 2009-02-07. 
  8. ^ "Temasek CEO Ho Ching to Leave; Goodyear to Take Over (Update2)". Bloomberg.com. 2009-02-06. Retrieved 2009-02-07. 
  9. ^ "Temasek Holdings and Charles W. Goodyear mutually agree not to proceed with CEO appointment". Temasek Holdings. 2009-07-21. Retrieved 2014-02-15. 
Business positions
Preceded by
Brian Gilbertson
CEO of BHP Billiton
2003–2007
Succeeded by
Marius Kloppers

External links[edit]