The estimated Net Worth of David Tsung Hung Chao is at least $1.91 Million dollars as of 9 August 2024. Mr. Chao owns over 1,136 units of Westlake stock worth over $1,532,706 and over the last 7 years he sold WLK stock worth over $131,000. In addition, he makes $246,958 as Director at Westlake.
David has made over 7 trades of the Westlake stock since 2019, according to the Form 4 filled with the SEC. Most recently he exercised 1,136 units of WLK stock worth $154,303 on 9 August 2024.
The largest trade he's ever made was exercising 2,400 units of Westlake stock on 13 August 2021 worth over $325,992. On average, David trades about 1,049 units every 165 days since 2018. As of 9 August 2024 he still owns at least 11,284 units of Westlake stock.
You can see the complete history of Mr. Chao stock trades at the bottom of the page.
David Tsung-Hung Chao is Director of the Company. 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 Chao, the nephew of Albert Chao and Dorothy C. Jenkins and the cousin of John Chao. 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. The Board has concluded that Mr. David Chao should serve as a director of the Company based primarily on his experience in the chemical industry and his position as a member of the Chao family, which controls TTWF LP, our principal stockholder.
As the Director of Westlake, the total compensation of David Chao at Westlake is $246,958. There are 16 executives at Westlake getting paid more, with Albert Chao having the highest compensation of $10,880,500.
David Chao is 43, he's been the Director of Westlake since 2018. There are 22 older and no younger executives at Westlake. The oldest executive at Westlake Corporation is Dorothy Jenkins, 74, who is the Director.
David's mailing address filed with the SEC is 2801 POST OAK BLVD., STE. 600, , HOUSTON, TX, 77056.
Over the last 20 years, insiders at Westlake have traded over $389,995,315 worth of Westlake stock and bought 1,580,400 units worth $52,976,570 . The most active insiders traders include Llc Ttwfgp, Lp Ttwf und Albert Chao. On average, Westlake executives and independent directors trade stock every 18 days with the average trade being worth of $5,527,059. The most recent stock trade was executed by Thomas J. Janssens on 23 August 2024, trading 14,864 units of WLK stock currently worth $1,122,381.
westlake chemical corporation (nyse: wlk) is an international manufacturer and supplier of petrochemicals, plastics and fabricated products. these chemical and plastic products enhance the daily lives of people around the world. from the tires we ride on, the plastic wrap that keeps our meats and produce fresh, the pipes that are essential to ensuring clean water, to the frames that secure our windows and doors, we play a vital role in supplying the building blocks for these products and many more. westlake chemical employs approximately 4,100 people and operates from 16 locations in north america, 7 in europe as well as 1 location in china. to learn more about westlake chemical, visit www.westlake.com.
Westlake executives and other stock owners filed with the SEC include: