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| Affiliation | Republican |
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| Name | Samuel Wright Bodman |
| Address |
, Massachusetts , United States |
| Email | None |
| Website | None |
| Born |
November 26, 1938
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| Died | September 07, 2018
(79 years)
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| Contributor | Scott³ |
| Last Modifed | RBH
Sep 07, 2018 08:12pm |
| Tags |
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| Info | Born in Chicago, Bodman earned a bachelor's degree in chemical engineering from Cornell University in 1961 and a Sc.D. from the Massachusetts Institute of Technology in 1965. After working for six years as an associate professor at MIT, he moved into the financial sector as Technical Director of the American Research and Development Corporation, a venture capital firm. He later moved to Fidelity Venture Associates and in 1983 was named president and COO of Fidelity Investments. In 1987, Bodman came to Cabot Corportation as its CEO.
In 2001, Bodman was appointed by President George W. Bush as the Deputy Secretary of the Commerce Department; in 2003 he moved to the Deputy Secretary position in the Treasury Department. On December 10, 2004, he was nominated to replace Spencer Abraham as the United States Secretary of Energy and was confirmed on January 31, 2005, taking office the next day.
Biography from US Commerce website...
"With 31 years of experience in the private sector, Deputy Secretary Bodman is a firm believer in the American free enterprise system. His work in the finance industry began when he was professor at the Massachusetts Institute of Technology (M.I.T.) and started consulting with the venture capital sector. He and his partners and associates provided financial and managerial support to scores of new business enterprises located throughout the United States. Virtually all of these companies had strong dependence on technology and innovation. Many of these achieved great financial success and established public markets for their securities.
Born in 1938 in Chicago, he graduated in 1961 with a B.S. in chemical engineering from Cornell University. In 1965, he completed his ScD at Massachusetts Institute of Technology. For the next six years he served as an Associate Professor of Chemical Engineering at MIT and as Technical Director of the American Research and Development Corporation, a pioneer venture capital firm.
From there, Deputy Secretary Bodman went to Fidelity Venture Associates, a division of the Fidelity Investments. In 1983 he was named President and Chief Operating Officer of Fidelity Investments and a Director of the Fidelity Group of Mutual Funds. In 1987, he joined Cabot Corporation, a Boston-based Fortune 300 company with global business activities in specialty chemicals and materials, where he served as Chairman, CEO, and a Director. Over the years, he has been a Director of many other publicly owned corporations.
Deputy Secretary Bodman has also been active in public service. He is a former Director of M.I.T.'s School of Engineering Practice and a former member of the M.I.T. Commission on Education. He also served as a member of the Executive and Investment Committees at M.I.T., a member of the American Academy of Arts & Sciences, and a Trustee of the Isabella Stewart Gardner Museum and the New England Aquarium.
Deputy Secretary Bodman is married to M. Diane Bodman. He has three children, two stepchildren, and eight grandchildren. He and his wife reside in Washington, D.C."
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