Samuel W. Bodman was born in 1938 in Chicago. He graduated in 1961 with a B.S. in Chemical Engineering from Cornell University. In 1965, he completed his Doctor of Science degree at Massachusetts Institute of Technology. For the next six years, Dr. Bodman 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 pioneer venture capital firm.
He and his colleagues provided financial and managerial support to scores of new business enterprises located throughout the United States.
From there, Dr. 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, CEO, and a Director. Over the years, he has been a Director of many publicly owned corporations, including John Hancock, Mead Westvaco, the Bank of Boston, and others. Most recently he has served on the Board of Directors for DuPont, the Hess Corporation, the AES Corporation and Weatherford International.
Samuel Bodman is the former United States Secretary of Energy, a position he held from January 2005 to January 2009. Dr. Bodman previously served as Deputy Secretary of the Treasury from 2003 to 2005, and Deputy Secretary of Commerce from 2001 to 2003.
He is a Trustee Emeritus of M.I.T and of the Carnegie Institution for Science, and a former Trustee of Cornell University. He is also a Lifetime Trustee of the Isabella Stewart Gardner Museum where he served as President. Dr. Bodman is a member of the National Academy of Engineering and the American Academy of Arts & Sciences. He is the former Chairman of the Advisory Board of the University of Texas Energy Institute and a member of the Energy Task Force of the Hoover Institution at Stanford University. Dr. Bodman has also served on the International Advisory Council of the King Abdullah University of Science and Technology, the Leadership Council of the Joint Ocean Commission Initiative and the Energy Advisory Council of CSIS.
His first wife, the former Elizabeth Little, died in 1982. Dr. Bodman is married to M. Diane Bodman. He has three children, two stepchildren, and twelve grandchildren.