Westlake Chemical Partners Management
Management criteria checks 4/4
Westlake Chemical Partners' CEO is Albert Chao, appointed in May 1996, has a tenure of 27.92 years. directly owns 0.52% of the company’s shares, worth $4.02M. The average tenure of the management team and the board of directors is 8.3 years and 10.1 years respectively.
Key information
Albert Chao
Chief executive officer
US$125.6k
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 27.9yrs |
| CEO ownership | 0.5% |
| Management average tenure | 8.3yrs |
| Board average tenure | 10.1yrs |
Recent management updates
Recent updates
Westlake Chemical Partners: Units Near Fair Value, Yield Premium Fair
Dec 19Westlake Chemical Partners: Attractive And Overlooked Income Play
Oct 03Westlake Chemical: Environmental Investments Could Accelerate The Demand For The Stock
Aug 01Westlake Chemical Partners: Strategically Positioned To Benefit From Megatrends
Jul 24Westlake Chemical Partners Q4 2022 Earnings Preview
Feb 20Westlake Chemical Partners: Priced Right Ahead Of Earnings, Steady Dividends Expected
Feb 06Westlake Chemical Partners declares $0.4714 dividend
Jan 23Westlake Chemical Partners Benefits From Retreat In Natural Gas Prices
Nov 14Westlake Chemical Partners declares $0.4714 dividend
Oct 31Westlake Chemical Partners Getting Crimped By Feedstock But Still Cheap
Aug 25Westlake Chemical Partners Has Solid Margins Till 2026
Jul 27Westlake Chemical Partners: More Of The Same In 2022, Downgrading
May 06Westlake Chemical Partners: Growth, Staying Power, And A 7% Yield
Feb 15Westlake Chemical Partners: Too Conservatively Financed For Their Own Good
Nov 17Westlake Chemical Partners: A Very Stable MLP That's Still Selling At A Discount
Jul 08Westlake Chemical Partners declares $0.4714 dividend
May 03The High-Yielding Standout MLP: Westlake Chemical Partners
Jan 11Westlake Chemical Partners: Premier High-Yielder Right Now, Maybe More One Day
Nov 25Westlake Chemical Partners EPS beats by $0.11, misses on revenue
Nov 03Westlake Chemical Partners declares $0.4714 dividend
Oct 30CEO
Albert Chao (73 yo)
27.9yrs
Tenure
US$125,600
Compensation
Mr. Albert Yuan Chao serves as the Chief Executive Officer, President and Managing Director of Vinnolit GmbH & Co. KG. Mr. Chao has been President, Chief Executive Officer and Director of Westlake Chemical...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 27.9yrs | US$125.60k | 0.52% $ 4.0m | |
| Executive VP | 16.2yrs | US$72.10k | 0.040% $ 304.5k | |
| VP & Chief Accounting Officer of Westlake Chemical Partners GP LLC | 4.1yrs | no data | no data | |
| EVP Perf. & Ess. Mat. | 10.1yrs | no data | 0.034% $ 261.0k | |
| Senior VP of Olefin Materials & Corporate Procurement of Westlake Chemical Partners GP LLC | 2.1yrs | no data | 0.43% $ 3.3m | |
| VP & Treasurer of Westlake Chemical Partners GP LLC | 6.4yrs | no data | no data |
8.3yrs
Average Tenure
58yo
Average Age
Experienced Management: WLKP's management team is seasoned and experienced (8.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 20.8yrs | US$125.60k | 0.52% $ 4.0m | |
| Executive VP | 10.1yrs | US$72.10k | 0.040% $ 304.5k | |
| EVP Perf. & Ess. Mat. | 10.1yrs | no data | 0.034% $ 261.0k | |
| Independent Director of Westlake Chemical Partners GP LLC | 4.1yrs | US$233.24k | 0.064% $ 489.1k | |
| Chairman of Westlake Chemical Partners GP LLC | 10.1yrs | no data | 0.039% $ 302.5k | |
| Independent Director of Westlake Chemical Partners GP LLC | 4.4yrs | US$213.24k | 0.065% $ 495.3k | |
| Independent Director of Westlake Chemical Partners GP LLC | less than a year | US$289.06k | no data |
10.1yrs
Average Tenure
68yo
Average Age
Experienced Board: WLKP's board of directors are seasoned and experienced ( 10.1 years average tenure).