Charles O. Holliday
Encyclopedia
Charles "Chad" O. Holliday, Jr. is an American
busniessman, currently the chairman of Bank of America
and former Chairman, former Chief Executive Officer
and a former director of E. I. du Pont de Nemours and Company
(DuPont). He is the Chairman of both the U.S. Council on Competitiveness
and the Business Roundtable
's Task Force for Environment, Technology and Economy. Holliday is also a founding member of the International Business Council and serves on the Board of Advisors of the Nicholas Institute for Environmental Policy Solutions
.
, Tennessee
. He graduated from John Overton High
where he met his future wife, Ann. Holliday earned his B.S. in industrial engineering from the University of Tennessee
in 1970. He was a member of the Pi Kappa Alpha Fraternity Zeta Chapter. Holliday started at DuPont in the summer of 1970 at DuPont's Old Hickory site. He then turned a summer job at DuPont
into a full-time position as an engineer. He advanced through manufacturing and supervisory positions around the world until he was named CEO in 1998.
had elected Ellen J. Kullman to succeed Holliday with effect from January 1, 2009. On 30 October 2009, DuPont announced that Holliday would retire as Chairman with effect from December 31, 2009 and that Kullman had been appointed Chairman effective from that date.
Holliday currently serves as the Chairman of Council on Competitiveness
and the Business Roundtable's Task Force for Environment, Technology and Economy. Holliday has previously served as Chairman of the World Business Council for Sustainable Development (WBCSD), Chairman of The Business Council and Chairman of the Society of Chemical Industry – American Section. He is also a founding member of the International Business Council and serves on the Board of Advisors of the Nicholas Institute for Environmental Policy Solutions
.
On September 21, 2009, Holliday was elected to the Board of Directors of Bank of America Corporation
and he was elected chairman on April 28, 2010. Holliday holds a honorary doctorate
from Polytechnic University, and is a licensed professional engineer.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
busniessman, currently the chairman of Bank of America
Bank of America
Bank of America Corporation, an American multinational banking and financial services corporation, is the second largest bank holding company in the United States by assets, and the fourth largest bank in the U.S. by market capitalization. The bank is headquartered in Charlotte, North Carolina...
and former Chairman, former Chief Executive Officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
and a former director of E. I. du Pont de Nemours and Company
DuPont
E. I. du Pont de Nemours and Company , commonly referred to as DuPont, is an American chemical company that was founded in July 1802 as a gunpowder mill by Eleuthère Irénée du Pont. DuPont was the world's third largest chemical company based on market capitalization and ninth based on revenue in 2009...
(DuPont). He is the Chairman of both the U.S. Council on Competitiveness
Council on Competitiveness
The Council on Competitiveness is an American non-profit organization based in Washington, D.C. The Council’s goal is to increase the United States' economic competitiveness in the global marketplace...
and the Business Roundtable
Business Roundtable
The Business Roundtable is a politically conservative group of chief executive officers of major U.S. corporations formed to promote pro-business public policy.-History:...
's Task Force for Environment, Technology and Economy. Holliday is also a founding member of the International Business Council and serves on the Board of Advisors of the Nicholas Institute for Environmental Policy Solutions
Nicholas Institute for Environmental Policy Solutions
Nicholas Institute for Environmental Policy Solutions is one of seven interdisciplinary research institutes at Duke University located in Durham, North Carolina...
.
Early life
Holliday was born in 1948 and grew up in NashvilleNashville, Tennessee
Nashville is the capital of the U.S. state of Tennessee and the county seat of Davidson County. It is located on the Cumberland River in Davidson County, in the north-central part of the state. The city is a center for the health care, publishing, banking and transportation industries, and is home...
, Tennessee
Tennessee
Tennessee is a U.S. state located in the Southeastern United States. It has a population of 6,346,105, making it the nation's 17th-largest state by population, and covers , making it the 36th-largest by total land area...
. He graduated from John Overton High
John Overton Comprehensive High School
John Overton Comprehensive High School is a public high school located in Nashville, Tennessee. It is named after prominent Judge John Overton , advisor to President Andrew Jackson. The school opened in September 1958 and was renovated and expanded in 1995...
where he met his future wife, Ann. Holliday earned his B.S. in industrial engineering from the University of Tennessee
University of Tennessee
The University of Tennessee is a public land-grant university headquartered at Knoxville, Tennessee, United States...
in 1970. He was a member of the Pi Kappa Alpha Fraternity Zeta Chapter. Holliday started at DuPont in the summer of 1970 at DuPont's Old Hickory site. He then turned a summer job at DuPont
DuPont
E. I. du Pont de Nemours and Company , commonly referred to as DuPont, is an American chemical company that was founded in July 1802 as a gunpowder mill by Eleuthère Irénée du Pont. DuPont was the world's third largest chemical company based on market capitalization and ninth based on revenue in 2009...
into a full-time position as an engineer. He advanced through manufacturing and supervisory positions around the world until he was named CEO in 1998.
Professional career
Holliday was the 18th CEO of DuPont in more than 200 years of DuPont history. Under Holliday's leadership, DuPont established a goal of achieving sustainable growth – increasing shareholder and societal value while simultaneously decreasing DuPont's environmental footprint. As a result, DuPont has shifted from being a chemical company to being a science-based products and services company. On September 23, 2008, DuPont announced that Holliday would retire as CEO on December 31, 2008 and that its board of directorsBoard of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
had elected Ellen J. Kullman to succeed Holliday with effect from January 1, 2009. On 30 October 2009, DuPont announced that Holliday would retire as Chairman with effect from December 31, 2009 and that Kullman had been appointed Chairman effective from that date.
Holliday currently serves as the Chairman of Council on Competitiveness
Council on Competitiveness
The Council on Competitiveness is an American non-profit organization based in Washington, D.C. The Council’s goal is to increase the United States' economic competitiveness in the global marketplace...
and the Business Roundtable's Task Force for Environment, Technology and Economy. Holliday has previously served as Chairman of the World Business Council for Sustainable Development (WBCSD), Chairman of The Business Council and Chairman of the Society of Chemical Industry – American Section. He is also a founding member of the International Business Council and serves on the Board of Advisors of the Nicholas Institute for Environmental Policy Solutions
Nicholas Institute for Environmental Policy Solutions
Nicholas Institute for Environmental Policy Solutions is one of seven interdisciplinary research institutes at Duke University located in Durham, North Carolina...
.
On September 21, 2009, Holliday was elected to the Board of Directors of Bank of America Corporation
Bank of America
Bank of America Corporation, an American multinational banking and financial services corporation, is the second largest bank holding company in the United States by assets, and the fourth largest bank in the U.S. by market capitalization. The bank is headquartered in Charlotte, North Carolina...
and he was elected chairman on April 28, 2010. Holliday holds a honorary doctorate
Honorary degree
An honorary degree or a degree honoris causa is an academic degree for which a university has waived the usual requirements, such as matriculation, residence, study, and the passing of examinations...
from Polytechnic University, and is a licensed professional engineer.