David Chao - Westlake Chemical Director

WLK Stock  USD 101.96  3.90  3.68%   

Director

Mr. David Chao is Director of the Company. He was executive chairman of Tanglewood Property Group since July 2017. Previously, from July 2011 to July 2017, Mr. Chao was employed by Westlake Chemical Corporation from August 2013 to July 2017, as vice president of business development for Asia and Middle East and from July 2011 to August 2013, as director of business development for Asia and Middle East. Prior to joining Westlake, Mr. Chao was president and director at PT Titan Petrokimia Nusantara, a petrochemical company based in Indonesia, from January 2008 to December 2010 since 2018.
Age 44
Tenure 7 years
Professional MarksMBA
Address 2801 Post Oak Boulevard, Houston, TX, United States, 77056
Phone713 960 9111
Webhttps://www.westlake.com
Chao received a bachelor degree in mechanical engineering from Rice University and an M.B.A. from the Wharton School of the University of Pennsylvania.

David Chao Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Chao against Westlake Chemical stock is an integral part of due diligence when investing in Westlake Chemical. David Chao insider activity provides valuable insight into whether Westlake Chemical is net buyers or sellers over its current business cycle. Note, Westlake Chemical insiders must abide by specific rules, including filing SEC forms every time they buy or sell Westlake Chemical'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Westlake Chemical Management Efficiency

The company has Return on Asset of 0.0289 % which means that on every $100 spent on assets, it made $0.0289 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0593 %, implying that it generated $0.0593 on every 100 dollars invested. Westlake Chemical's management efficiency ratios could be used to measure how well Westlake Chemical manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Westlake Chemical's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.05 this year, although the value of Return On Capital Employed will most likely fall to 0.04. At this time, Westlake Chemical's Liabilities And Stockholders Equity is quite stable compared to the past year. Total Current Liabilities is expected to rise to about 2.3 B this year, although the value of Change To Liabilities is projected to rise to (17.5 M).
Westlake Chemical has 719 M in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. Westlake Chemical has a current ratio of 2.43, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Westlake to invest in growth at high rates of return.

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Westlake Corporation manufactures and supplies petrochemicals, polymers, and building products worldwide. The company was founded in 1986 and is headquartered in Houston, Texas. Westlake Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 14550 people. Westlake Chemical (WLK) is traded on New York Stock Exchange in USA. It is located in 2801 Post Oak Boulevard, Houston, TX, United States, 77056 and employs 15,540 people. Westlake Chemical is listed under Commodity Chemicals category by Fama And French industry classification.

Management Performance

Westlake Chemical Leadership Team

Elected by the shareholders, the Westlake Chemical's board of directors comprises two types of representatives: Westlake Chemical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westlake. The board's role is to monitor Westlake Chemical's management team and ensure that shareholders' interests are well served. Westlake Chemical's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Westlake Chemical's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeffrey Sheets, Independent Director
Kimberly Lubel, Independent Director
John Chao, Director
R Northcutt, Independent Director
JeanMarc Gilson, President CEO
Andrew Kenner, Senior Vice President, Chemical Manufacturing
David Chao, Director
Marius Haas, Independent Director
James Chao, Chairman of the Board
Lawrence Schubert, Vice Sustainability
L Ederington, Senior Vice President General Counsel, Chief Administrative Officer and Corporate Secretary
Jeff Holy, VP Treasurer
Mark McCollum, Independent Director
M Bender, Chief Financial Officer, Executive Vice President, IR Contact Officer
Jeffrey Holy, VP Officer
Johnathan Zoeller, Chief Accounting Officer, Vice President
Benjamin JD, General Materials
Benjamin Ederington, Chief Admin. Officer, VP, General Counsel and Corporate Secretary
Robert Buesinger, Executive Vice President - Housing and Infrastructure Products, IT and Digital
Albert Chao, CEO and President Director, Member of Nominating and Governance Committee, Member of Compensation Committee and Member of Corporate Risk Committee
Mark CPA, Executive CFO
Michael Graff, Independent Director
KarlMartin Schellerer, Managing VP
Lawrence Teel, Executive Vice President, Special Advisor to the CEO
Roger Kearns, Chief Operating Officer, Executive Vice President - Performance and Essential Materials
Dorothy Jenkins, Director
Thomas Janssens, PEM Operations

Westlake Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Westlake Chemical a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Westlake Chemical is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westlake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westlake Chemical Stock. Highlighted below are key reports to facilitate an investment decision about Westlake Chemical Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westlake Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Westlake Chemical. If investors know Westlake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Westlake Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
2.05
Earnings Share
4.64
Revenue Per Share
94.464
Quarterly Revenue Growth
0.006
The market value of Westlake Chemical is measured differently than its book value, which is the value of Westlake that is recorded on the company's balance sheet. Investors also form their own opinion of Westlake Chemical's value that differs from its market value or its book value, called intrinsic value, which is Westlake Chemical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Westlake Chemical's market value can be influenced by many factors that don't directly affect Westlake Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Westlake Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westlake Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westlake Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.