Charles Waterhouse "Chip" Goodyear IV (born January 18, 1958) is an American businessman and the former CEO of
BHP Billiton
BHP Group Limited (formerly known as BHP Billiton) is an Australian multinational mining, metals, natural gas petroleum public company that is headquartered in Melbourne, Victoria, Australia.
The Broken Hill Proprietary Company was founded ...
. He is a member of the
Goodyear family
The Goodyear family is a prominent family from New York, whose members founded, owned and ran several businesses, including the Buffalo and Susquehanna Railroad, Great Southern Lumber Company, Goodyear Lumber Co., Buffalo & Susquehanna Coal and Co ...
that had extensive business interests in lumber and railways, as well as significant philanthropic endeavors.
Early life
Charles Waterhouse Goodyear IV was born on January 18, 1958, in
Hartford, Connecticut. He is the son of Charles Waterhouse Goodyear III (born 1933), a Texas oil man who worked for
Exxon Company International (and later as a fuel products marketing manager for Exxon in
Florham Park, NJ),
of
Darien, Connecticut
Darien ( ) is a coastal town in Fairfield County, Connecticut, United States. With a population of 21,499 and a land area of just under 13 square miles, it is the smallest town on Connecticut's Gold Coast. It has the youngest population of any ...
.
Goodyear graduated from
Yale University
Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United Sta ...
in 1980 with a science degree in geology and geophysics. While at Yale, he rowed on the lightweight crew team. He also received an
MBA
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
from the
Wharton School of the University of Pennsylvania
The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in ...
in 1983.
[Charles Goodyear's speech from 2006 Alumni Dinner](_blank)
. Melbourne Business School (2007). Retrieved 26 December 2007.
Career
After graduation in 1983, Goodyear began his career as an
investment banker
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with ...
at a Wall Street brokerage,
Kidder Peabody, advising companies on mergers, acquisitions and financing. He left Kidder Peabody in 1989 as Vice President and joined
Freeport-McMoRan
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum, is a major copper producer and operates the world's ...
, one of the world's largest producers of copper and gold, as Vice President - Corporate Finance. He was promoted to Executive Vice President and
chief financial officer in 1995, ultimately leaving the firm in 1997 to serve as president of "Goodyear Capital Corporation" until 1999.
In 1999, Goodyear joined
BHP Billiton
BHP Group Limited (formerly known as BHP Billiton) is an Australian multinational mining, metals, natural gas petroleum public company that is headquartered in Melbourne, Victoria, Australia.
The Broken Hill Proprietary Company was founded ...
, the world's largest diversified resources company, as
CEO. He served in that role until 2001, when he became Chief Development Officer, a post he held until 2003. In 2003, it was announced that Goodyear would succeed Brian Gilbertson as the chief executive officer of BHP.
Goodyear retired from BHP on September 30, 2007, and from the BHP Group on January 1, 2008, and was succeeded by
Marius Kloppers. Goodyear was considered by ''
Businessweek
''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...
'' to have been responsible for
BHP Billiton
BHP Group Limited (formerly known as BHP Billiton) is an Australian multinational mining, metals, natural gas petroleum public company that is headquartered in Melbourne, Victoria, Australia.
The Broken Hill Proprietary Company was founded ...
's turn-around during the 2000s since, under his leadership, sales increased by 47% and profits by 78%, placing him on top of their "Europe BW50 Leaders" list. Others, including consulting firm
Deloitte
Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of professio ...
, attributed BHP's success to rising global commodity prices.
On February 6, 2009,
Temasek Holdings
Temasek Holdings (Private) Limited, or simply Temasek, is a Singaporean state holding company owned by the Government of Singapore. Incorporated on 25 June 1974, Temasek owns and manages a total of US$496.59 billion (S$671 billion) in assets u ...
, which had a portfolio worth 185 billion Singapore dollars ($123 billion US dollars) at the time,
announced his appointment as a board member and CEO-designate, to commence on March 1, 2009, succeeding
Ho Ching
Ho Ching (; born 27 March 1953) is a Singaporean businesswoman who has been serving as the director of Temasek Trust since 2021. She is the wife of incumbent Prime Minister Lee Hsien Loong.
Ho joined Temasek Holdings as a director in January ...
from October 1, 2009. He was identified as a possible candidate for the top office in Temasek in 2007, when the Temasek Board began reviewing internal and external CEO candidates since early 2005. Goodyear would have been the first foreign executive to run the Singaporean sovereign fund company,
however, on July 21, 2009, the Temasek Board and Goodyear announced that they had mutually agreed that he would not be taking over as CEO, citing differences in opinions on strategy.
Instead, Ho Ching continued in the position, while Goodyear stepped down on August 15, 2009.
As of September 2015, Goodyear is again the president of "Goodyear Capital Corporation" and "Goodyear Investment Company".
Personal life
On July 11, 1992, 34-year-old Goodyear married 28-year-old Elizabeth Morris Dabezies, the daughter of Dr. and Mrs. Oliver H. Dabezies Jr. of New Orleans. Dr. Dabezies was an ophthalmologist in New Orleans and a clinical professor of
ophthalmology
Ophthalmology ( ) is a surgical subspecialty within medicine that deals with the diagnosis and treatment of eye disorders.
An ophthalmologist is a physician who undergoes subspecialty training in medical and surgical eye care. Following a medic ...
at
Tulane University
Tulane University, officially the Tulane University of Louisiana, is a private research university in New Orleans, Louisiana. Founded as the Medical College of Louisiana in 1834 by seven young medical doctors, it turned into a comprehensive pub ...
. The Rev. Thomas Condon performed the
Roman Catholic
Roman or Romans most often refers to:
*Rome, the capital city of Italy
* Ancient Rome, Roman civilization from 8th century BC to 5th century AD
* Roman people, the people of ancient Rome
*'' Epistle to the Romans'', shortened to ''Romans'', a let ...
ceremony at the chapel of the
Academy of the Sacred Heart in
, Louisiana. Elizabeth Dabezies graduated from the University of Alabama and worked as a leasing manager with the
Edward J. DeBartolo Corporation, a real-estate firm in New Orleans.
Together, they have two children:
*Charles W. Goodyear V
*Adelaide Goodyear (born January 14, 1995)
Goodyear is a member of the
National Petroleum Council and
International Council on Mining and Metals
ICMM was founded in 2001, as a CEO-led leadership organization, to improve sustainable development performance in the mining and metals industry.
Sustainable Development
In late 1998 a small group of mining industry CEOs came together to quest ...
.
Volunteer and philanthropy
Goodyear served as a member of the
Yale University
Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United Sta ...
Tomorrow Campaign Committee. He currently serves on the President's Council on International Activities and as Chairman of the Jackson Institute Council, and he was named Successor Trustee of the
Yale Corporation
The Yale Corporation, officially The President and Fellows of Yale College, is the governing body of Yale University in New Haven, Connecticut.
Assembly of corporation
The Corporation comprises 19 members:
* Three ex officio
An ''ex officio'' m ...
in 2011.
Goodyear is also a director of several private companies and is a member of the Prince's Charities Council in the United Kingdom.
References
External links
Bogalusa Story by C. W. GoodyearCity of BogalusaFund for BogalusaBogalusa, Washington Parish, Louisiana: History, Links, Maps, and PhotosBogalusa Daily NewsTemple-Inland Inc.
{{DEFAULTSORT:Goodyear, Chip
1958 births
Living people
Goodyear family (New York)
Yale University alumni
Wharton School of the University of Pennsylvania alumni
American businesspeople
Australian businesspeople
BHP people