Charles O. Holliday
| Charles O. Holliday | |
|---|---|
Chad Holliday at the Council on Competitiveness' 2007 annual meeting
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| Born |
Charles Otis Holliday, Jr. March 9, 1948 Nashville, Tennessee, U.S. |
| Residence | Charlotte, North Carolina, U.S. |
| Nationality | American |
| Alma mater | University of Tennessee |
| Salary | $10,213,441 (FY2008) |
| Title | Former Chairman, former CEO, DuPont, former Chairman, Bank of America |
| Parent(s) | Charles O. Holliday, Sr. and Ann Hunter |
| Awards | International Palladium Medal |
Charles Otis "Chad" Holliday, Jr. (born March 9, 1948) is an American businessman, former 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 chairman emeritus of the U.S. Council on Competitiveness and chairman of 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.
In October 2014, it was announced that he would succeed Jorma Ollila as chairman of Royal Dutch Shell from May 2015.
Holliday was born in 1948 and grew up in Nashville, 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.
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 directors 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.
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