Charles Otis "Chad" Holliday, Jr. (born March 9, 1948) is an American businessman, former chairman of

Royal Dutch Shell Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New Yo ...

, former chairman of

Bank of America The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank w ...

, former

chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

and a former director of

E. I. du Pont de Nemours and Company DuPont de Nemours, Inc., commonly shortened to DuPont, is an American multinational chemical company first formed in 1802 by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours. The company played a major role in ...

(DuPont). He is chairman emeritus of the U.S.

Council on Competitiveness The Council on Competitiveness is an American non-profit organization based in Washington, D.C. The Council’s goal is to increase the United States' economic competitiveness in the global marketplace. The Council also works to bring high-value ...

and chairman of the

Business Roundtable The Business Roundtable (BRT) is a nonprofit lobbyist association based in Washington, D.C. whose members are chief executive officers of major United States companies. Unlike the U.S. Chamber of Commerce, whose members are entire businesses, BRT ...

'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 Nicholas Institute for Environmental Policy Solutions is one of six interdisciplinary research institutes at Duke University located in Durham, North Carolina. Founded in 2005, it became the first environmental-policy-centered Institute with a Duke ...

. Between May 2015 and May 2021 he was chairman of

Early life

Holliday was born in 1948 and grew up in

Nashville Nashville is the capital city of the U.S. state of Tennessee and the seat of Davidson County. With a population of 689,447 at the 2020 U.S. census, Nashville is the most populous city in the state, 21st most-populous city in the U.S., and the ...

Tennessee Tennessee ( , ), officially the State of Tennessee, is a landlocked state in the Southeastern region of the United States. Tennessee is the 36th-largest by area and the 15th-most populous of the 50 states. It is bordered by Kentucky to th ...

. 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 The University of Tennessee (officially The University of Tennessee, Knoxville; or UT Knoxville; UTK; or UT) is a public land-grant research university in Knoxville, Tennessee. Founded in 1794, two years before Tennessee became the 16th state, ...

in 1970. He was a member of the

Pi Kappa Alpha Pi Kappa Alpha (), commonly known as PIKE, is a college fraternity founded at the University of Virginia in 1868. The fraternity has over 225 chapters and colonies across the United States and abroad with over 15,500 undergraduate members over 30 ...

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 DuPont de Nemours, Inc., commonly shortened to DuPont, is an American multinational chemical company first formed in 1802 by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours. The company played a major role in ...

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.

Professional career

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 Sustainable development is an organizing principle for meeting human development goals while also sustaining the ability of natural systems to provide the natural resources and ecosystem services on which the economy and society depend. The desir ...

– 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 A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...

had elected

Ellen J. Kullman Ellen J. Kullman (born January 22, 1956) is a United States business executive. Since November 2019, she has been the chief executive officer of Carbon (company). She was formerly Chair and Chief Executive Officer of E. I. du Pont de Nemours and C ...

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. Holliday is the chairman of

and the Business Roundtable's Task Force for Environment, Technology and Economy.Compete.org Bio
/ref> Holliday was previously chairman of the

World Business Council for Sustainable Development The World Business Council for Sustainable Development (WBCSD) is a CEO-led organization of over 200 international companies. The Council is also connected to 60 national and regional business councils and partner organizations. Its origins d ...

(WBCSD) and chairman of the Society of Chemical Industry – American Section. He was chairman of

The Business Council The Business Council is an organization of business leaders headquartered in Washington, D.C.The Business Council, Official website, Background
He is a founding member of the International Business Council and is on the board of advisors of the

. On September 21, 2009, Holliday was elected to the board of directors of

, and was elected chairman on April 28, 2010. Holliday received an

honorary doctorate An honorary degree is an academic degree for which a university (or other degree-awarding institution) has waived all of the usual requirements. It is also known by the Latin phrases ''honoris causa'' ("for the sake of the honour") or ''ad hon ...

from Polytechnic University, and is a licensed professional engineer.Charles Holliday: Executive Profile & Biography - BusinessWeek
/ref> Holliday was elected a member of the

National Academy of Engineering The National Academy of Engineering (NAE) is an American nonprofit, non-governmental organization. The National Academy of Engineering is part of the National Academies of Sciences, Engineering, and Medicine, along with the National Academy ...

in 2004.

Compensation

While CEO of DuPont in 2008, Holliday earned total compensation of $10,213,441, which included a base salary of $1,369,500, a cash bonus of $1,732,000, stocks granted of $4,796,309, and options granted of $2,166,672.2008 CEO Compensation for Charles O. Holliday Jr.
, Equilar.com

Publications

Holliday has co-written a book titled ''Walking the Talk'', which details the business case for sustainable development and corporate responsibility.

References

External links

Biography at Bank of America website
{{DEFAULTSORT:Holliday, Charles Otis American manufacturing businesspeople DuPont people Directors of Bank of America People from Nashville, Tennessee People in the chemical industry University of Tennessee alumni 1948 births Living people American chairpersons of corporations Directors of Shell plc