Everything about Samuel Bodman totally explained
Samuel Wright Bodman III (born
1938) is the
United States Secretary of Energy and was previously Deputy Secretary of the
U.S. Treasury Department.
Early life, career, and family
Born in
Chicago, Illinois on November 26, 1938, Bodman passed his early years in the Chicago suburbs, before he graduated in 1961 with a B.S. in chemical engineering from
Cornell University. He was a member of
Alpha Sigma Phi Fraternity and the
Sphinx Head Society. In 1965, he completed his
Sc.D. in chemical engineering at the
Massachusetts Institute of Technology. For the next six years 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
venture capital firm.
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,
Chief Executive Officer, and a Director.
Bodman is a former Director of M.I.T.'s School of Engineering Practice and a former member of the M.I.T. Commission on Education. He also served as a member of the Executive and Investment Committees at M.I.T., a member of the
American Academy of Arts & Sciences, and a Trustee of the
Isabella Stewart Gardner Museum and the
New England Aquarium.
Samuel Bodman is married to M. Diane Bodman. He has three children, two stepchildren, and eight grandchildren.
Bush Administration
Bodman served as
Deputy Secretary of the Treasury in the
George W. Bush Administration beginning in February 2004. He also served the Bush Administration as the
Deputy Secretary of Commerce beginning in 2001.
On
December 10,
2004, Bodman was nominated to replace
Spencer Abraham as the
United States Secretary of Energy and was confirmed unanimously by the
United States Senate on
January 31,
2005, taking office the next day. He leads the Department of Energy with a budget in excess of $23 billion and over 100,000 federal and contractor employees.
Further Information
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