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David Tsung-Hung Chao net worth and biography

David Chao Biography and Net Worth

Director of Westlake

Mr. Chao has been a director since January 2018. Mr. Chao is the Executive Chairman of Tanglewood Property Management Company, an affiliate of our principal stockholder, a position he has held since July 2017. From August 2013 to July 2017, Mr. Chao was the Company’s Vice President of Business Development for Asia and Middle East and from July 2011 to August 2013 he was the Company’s 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. He is the son of James Y. Chao, the nephew of Albert Y. Chao, brother of Catherine T. Chao, and the cousin of John T. Chao and Carolyn C. Sabat. Mr. Chao received a bachelor’s degree in mechanical engineering from Rice University and an M.B.A. from the Wharton School of the University of Pennsylvania.

What is David Tsung-Hung Chao's net worth?: The estimated net worth of David Tsung-Hung Chao is at least $1.37 million as of August 23rd, 2023. Mr. Chao owns 10,148 shares of Westlake stock worth more than $1,370,081 as of September 7th. This net worth estimate does not reflect any other investments that Mr. Chao may own. Learn More about David Tsung-Hung Chao's net worth.
How do I contact David Tsung-Hung Chao?: The corporate mailing address for Mr. Chao and other Westlake executives is 2801 POST OAK BLVD SUITE 600, HOUSTON TX, 77056. Westlake can also be reached via phone at (713) 960-9111 and via email at [email protected]. Learn More on David Tsung-Hung Chao's contact information.
Has David Tsung-Hung Chao been buying or selling shares of Westlake?: David Tsung-Hung Chao has not been actively trading shares of Westlake within the last three months. Most recently, David Tsung-Hung Chao sold 1,000 shares of the business's stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $131.00, for a transaction totalling $131,000.00. Following the completion of the sale, the director now directly owns 10,148 shares of the company's stock, valued at $1,329,388. Learn More on David Tsung-Hung Chao's trading history.
Who are Westlake's active insiders?: Westlake's insider roster includes Mark Bender (CFO), Robert Buesinger (EVP), Albert Chao (CEO), David Chao (Director), L. Ederington (CAO), Roger Kearns (COO), Andrew Kenner (SVP), Lawrence Teel (CEO), and Johnathan Zoeller (CAO). Learn More on Westlake's active insiders.
Are insiders buying or selling shares of Westlake?: In the last twelve months, insiders at the specialty chemicals company sold shares 6 times. They sold a total of 22,823 shares worth more than $3,226,622.86. The most recent insider tranaction occured on May, 3rd when CFO Mark Steven Bender sold 4,950 shares worth more than $753,340.50. Insiders at Westlake own 74.1% of the company. Learn More about insider trades at Westlake.
Information on this page was last updated on 5/3/2024.

David Tsung-Hung Chao Insider Trading History at Westlake

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
8/23/2023	Sell	1,000	$131.00	$131,000.00	10,148

David Tsung-Hung Chao Buying and Selling Activity at Westlake

Westlake Company Overview

Westlake Corporation engages in the manufacture and marketing of performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Mexico, Brazil, France, Italy, Taiwan, and internationally. The company operates through two segments: Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials segment offers ethylene, polyethylene, styrene, chlorinated derivative products, ethylene dichloride, vinyl chloride monomer, polyvinyl chloride (PVC), epoxy specialty resins, and base epoxy resins and intermediaries, as well as chlor-alkali, such as chlorine and caustic soda. The Housing and Infrastructure Products segment provides residential PVC sidings; PVC trim and mouldings; architectural stone veneers; windows; PVC decking; PVC films for various inflatables, wallcovering, and tape and roofing applications; polymer composite and cement roof tiles; PVC pipes and fittings for various water, sewer, electrical, and industrial applications; PVC compounds used in various housing, medical, and automobile products; and consumer and commercial products, such as landscape edging; industrial, home, and office matting; marine dock edging; and masonry joint controls. It offers its products to chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses for use in various consumer and industrial markets, including residential construction, flexible and rigid packaging, automotive products, healthcare products, water treatment, wind turbines, and coatings, as well as other durable and non-durable goods. The company was formerly known as Westlake Chemical Corporation and changed its name to Westlake Corporation in February 2022. Westlake Corporation was founded in 1986 and is headquartered in Houston, Texas. Westlake Corporation operates as a subsidiary of TTWF LP.

Today's Range

Now: $135.01

$134.34

$138.15

50 Day Range

MA: $144.11

$133.49

$151.09

2 Week Range

Now: $135.01

$112.77

$162.64

Volume

690,878 shs

Average Volume

429,748 shs

Market Capitalization

$17.36 billion

P/E Ratio

67.84

Dividend Yield

1.51%

Beta

1.18

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