The Honorable

Samuel Wright Bodman

(
1938
2018
)
Cabot Corporation
;
Waltham, MA
Chemical engineer; Company executive (investment and industry); U.S. Secretary of Energy
Area
Leadership, Policy, and Communications
Specialty
Business, Corporate, and Philanthropic Leadership
Elected
1988

 

Samuel W. Bodman served as U.S. Secretary of Energy under the Bush Administration. Samuel Wright Bodman was sworn in as the 11th Secretary of Energy on February 1, 2005 after the United States Senate unanimously confirmed him on January 31, 2005. He lead the Department of Energy with a budget in excess of $23 billion and over 100,000 federal and contractor employees. Previously, Secretary Bodman served as Deputy Secretary of the Treasury beginning in February 2004. He also served the Bush Administration as the Deputy Secretary of the Department of Commerce beginning in 2001. He served as an Associate Professor of Chemical Engineering at MIT and began his work in the financial sector as Technical Director of the American Research and Development Corporation, a pioneer venture capital firm. He and his colleagues provided financial and managerial support to scores of new business enterprises located throughout the United States. From there, 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.


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