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• Executive management positions in global commodity, specialty chemical, and polymer businesses for public, private, and private equity owned companies• Manufacturing/technical background with progression through sales, business development, strategy, and procurement/supply chain roles before becoming CEO in a turnaround business unit• US Citizen with several European assignments and extensive experience in Asia• Experience in both large public and mid-size private companies and growing businesses via organic, joint venture, and acquisition routes
Qemetica
View- Website:
- qemetica.com
- Employees:
- 530
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QemeticaEurope -
Chief Operating Officer And Board MemberQemetica Sep 2024 - PresentWarsaw, Masovian Voivodeship, Pl -
Vp & Integrated Supply Chain Transformation OfficerNouryon Jun 2019 - Sep 2024Amsterdam, North Holland, NlLeading transformation activities across manufacturing, procurement, and logistics in a private equity purchase of a specialty chemicals carve out from Akzo Nobel. -
Chief Transformation Officer - PetrochemicalsBp Apr 2017 - Jun 2019London, England, Gb -
ConsultantIndependent Oct 2015 - Mar 2017
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Mergers & AcquisitionsIneos Usa Jan 2015 - Oct 2015Leading multiple Merger & Acquisition projects for INEOS including the purchase of a business from a large public company in the US, the joint venture of one business with an Asian partner, and the purchase of multiple upstream assets in Europe.
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CeoIneos Barex Jun 2012 - Jan 2015London, England, GbAppointed to turnaround an $18 million revenue specialty polymer division with significant negative cash flow. Major accomplishments included recruiting new leadership team, drastically improving product quality, increasing sales through new market penetration (particularly in China and India), and completion of a major acquisition in Japan. Changes resulted in growing revenues to $30 million, increasing the gross margin/ton by 70%, and achieving a breakeven cash position in 24 months. -
Commercial DirectorIneos Barex Mar 2011 - Jun 2012London, England, GbSet the strategy and executed the business plans for a commodity chemical business with average annual EBITDA of $140 million in 2006 – 2009 that was increased to $300 million in 2010 – 2012. Responsible for all sales, business development, strategy, M&A activity, and production planning activities with a global team of managers and professionals across sites in the US, Europe, and Asia. Member of the INEOS Nitriles Board of Directors. -
Procurement DirectorIneos Grangemouth Jul 2008 - Feb 2011Grangemouth, Stirlingshire, GbLed global team of managers and professionals in US, Europe, and Asia responsible for procurement, business supply chain, and customer service activities. Oversaw annual purchases of raw materials, energy, logistics, equipment and services exceeding $2.3 billion annually. Contributed $30 million per year in gross margin from savings in alternative feedstock supplies, negotiated logistics savings, and other activities. Member of the INEOS Nitriles Board of Directors. -
Global Business ManagerIneos Jul 2006 - Jul 2008London, England, GbManaged the growth of a $3 billion global business with production assets in the US and Europe, and product marketing in North and South America, Europe, Asia, and Africa. Direct P&L responsibility with primary goals of increasing EBITDA and cash flow generation. Oversaw global market management, supply/demand planning, $2.3 billion in raw material and energy procurement, co-producer relationships (swaps & purchase for resale), and the key interface with the sales team to drive operational and commercial discipline. -
Director Of Business Development – European Chemicals OperationsBp Jul 2004 - Jul 2006London, England, GbLed a team to identify and implement process improvements for the $15 billion European business division. Guided individual project teams consisting of stakeholders across the European business and from the M&A and Strategy central functions. Led key projects including the Reshaping of the European Asset/Business Portfolio, Releasing Additional Value from the Relationship with TOTAL, Review of UK Industry Ethylene Infrastructure, and Rationalization of Assets in the Specialty HDPE Business and the Grangemouth, Scotland Chemicals Site. -
Olefins Sales Account ManagerBp Jul 2001 - Jul 2004London, England, GbResponsible for sales of ethylene, propylene, butadiene, and styrene co-products with total annual revenues of approximately $500 million. Lead negotiator for BP in the US ethylene industry price settlements, the administrator of long-term contracts and spot sales as well as development/negotiation of new contract offers. Central in the development of all product line strategies by offering challenge and obtaining market intelligence. -
Various Manufacturing RolesBp Amoco Sep 1995 - Jul 2001Recovery Project - Single Point of AccountabilityCoordinator of the Chocolate Bayou Recovery Project. Directed the project team in the $50 million rebuild of furnaces damaged in a major fire. Captured synergies and installed $15 million in previously planned capital projects. Role required extensive collaboration between the Business Unit Leader, Product Management, Manufacturing, and Project personnel.Olefins Asset Superintendent Managed operations at BP Chemical’s largest asset - a 1.8 billion lb/yr olefins unit with annual total fixed cost budget of $30 million. Supervised 70 employees including 10 direct reports. Responsible for the planning and execution of a 200,000 man hour unit maintenance overhaul team with a budget of $12.8 million of expense and $6.8 million of capital.Olefins Process/Unit Engineer Performed daily unit optimization and troubleshooting, tracked feed and product rates, and prioritized engineering projects. Served as the backup to the Asset Superintendent. Operations representative on all engineering projects associated with the unit and conducted numerous economic studies to maximize unit efficiency and minimize operating costs.
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Various Refinery PositionsHess Corporation Jun 1991 - Sep 1995New York, Ny, UsHeld various and increasingly senior engineering and commercial roles at a 700,000 bpd refinery culminating in a commercial role responsible for crude oil selection and overall refinery profitability and future supply availability.
David Schmidt Skills
David Schmidt Education Details
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The Wharton SchoolContinuing Education - Finance -
Center For Creative LeadershipContinuing Education -
University Of Illinois Urbana-ChampaignChemical Engineering
Frequently Asked Questions about David Schmidt
What company does David Schmidt work for?
David Schmidt works for Qemetica
What is David Schmidt's role at the current company?
David Schmidt's current role is Chief Operating Officer and Board Member at Qemetica.
What is David Schmidt's email address?
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What is David Schmidt's direct phone number?
David Schmidt's direct phone number is +171330*****
What schools did David Schmidt attend?
David Schmidt attended The Wharton School, Center For Creative Leadership, University Of Illinois Urbana-Champaign.
What are some of David Schmidt's interests?
David Schmidt has interest in 13 And Hobbies Include Ice Hockey, Skiing, Golf, Any Activity With My Family, Fishing.
What skills is David Schmidt known for?
David Schmidt has skills like Petrochemical, Procurement, Polymers, Strategy, Chemical Engineering, Process Engineering, Management, Business Development, Supply Chain Management, Business Strategy, Supply Chain, Strategic Planning.
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