Science Fair Project Encyclopedia
Samuel W. Bodman
Born in Chicago, Bodman earned a bachelor's degree in chemical engineering from Cornell University in 1961 and a Sc.D. from the Massachusetts Institute of Technology in 1965. After working for six years as an associate professor at MIT, he moved into the financial sector as Technical Director of the American Research and Development Corporation , a venture capital firm. He later moved to Fidelity Venture Associates and in 1983 was named president and COO of Fidelity Investments. In 1987, Bodman came to Cabot Corportation as its CEO.
In 2001, Bodman was appointed by President George W. Bush as the Deputy Secretary of the Commerce Department; in 2003 he moved to the Deputy Secretary position in the Treasury Department. On December 10, 2004, he was nominated to replace Spencer Abraham as the United States Secretary of Energy and was confirmed on January 31, 2005, taking office the next day.
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