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fred fehsenfeld net worth

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He previously served as Managing Director at Equity Group Investments, the holding company for the corporate investments of Sam Zell. Never one to quit, they recently brought on a world-class scientist, Dr. Jake Wall, to address these growing issues with creative solutions. With its background in material science and chemistry, The Heritage Group continues to support programs, initiatives, and organizations and commits to building a better tomorrow by fostering future leaders today. Calumet becomes a public company in 2006. He is a cofounder of Penny's Coffee, a Minnesota-based coffee shop chain, a former chairman for Talenti Gelato, and the former CEO of Phillips Distilling Company. Net Worth What's Trust Fehsenfel's mailing address? As of 3 February 2023 she still owns at least 177,373 units of Calumet Specialty Products Partners L.P stock. in Mechanical Engineering from Duke University and his M.S. if ( typeof LD == "object" ) { LD.initPage(); }. purchase With over 1,900 locations, Dignity Memorial providers proudly serve over 375,000 families a year. "Fred is a legendary entrepreneur and co-founder of Calumet, and his retirement will be felt deeply," said Mawer. Shares rallied $11 Wednesday to $120 on the announcement. Additionally, Jeff serves as independent director of the board of Indy Eleven, the USL-league professional soccer team in Indianapolis and Jet Access, a leading charter and private jet management company based in Indianapolis. Gathering Steam: Steady expansion and growth. Betsy has a passion for the impact of education on society and currently sits on the Presidents Council of Marian University and serves on the boards of St. Vincent Ascension and the IUPUI Board of Advisors. He received his B.A. Supporting partners and customers, the research group provides innovative chemicals and now holds 55 patents with another 20 pending in the United States. Throughout his life and career, Fehsenfeld has been dedicated to making a difference both professionally and personally in every way he can. Through its vacuum services program during 2020 the Company treated approximately 52 million gallons of wastewater. His plans got off to a rocky start, however, when he quickly discovered that there were a number of longtime employees stationed in Ponca City that resented his presence very deeply. in economics from Northwestern University. The financial magazine said the number of. U.S. Bank Failures Are Fueling Crypto Adoption, Restaurant Brands Stock To Likely See Little Movement Post Q1, Three Essential Survival Tips If You Are Investing In Bonds, The Fed And Apple Highlight A Busy Week Ahead, JPMorgan Buys First Republic With Lessons To Consider From 2008. 50,000 shares on November 7, 2011, which The oldest executive at Calumet Specialty Products Partners L.P. is RobertFunk, 74, who is the Independent Director of Calumet GP LLC. of 22,072 shares made by Stephen P Mawer , Fehsenfeld Fred M Jr made The last name Fehsenfeld occurs mostly in The Americas, where 54 percent of Fehsenfeld are found; 53 percent are found in North America and 53 percent are found in Anglo-North America. Indiana and America are a better place because of FredFehsenfeld.. The current estimated net worth of Calumet Specialty Products Partners, Lp.'s Director, William Fehsenfeld, is estimated to be about $27.68K .. In his past career Mr. Fehsenfeld was Chairman at Calumet Specialty Products Partners LP, Chairman for Calumet GP LLC and Managing Trustee at Heritage Ministries. IN. He also knew plenty about people. and bought an estimated value of $65.63M worth of shares. I learned that whatever you do, you should do it with humility and empathy for a given situation, Fehsenfeld said. Among these stocks, Fred Fehsenfeld Jr usually trades in May, with the busiest year in 2022. The estimated Net Worth of Fred M Jr Fehsenfeld is at least $25.4 Million dollars as of 23 August 2022. The stock market has had a rough stretch - through yesterday's close the S&P 500 Index fell nearly 5% from its recent high on May 31. Fred's net worth hovers over $250,000 - $499,999 with a yearly income that's about $200 - 249,999. While we'll miss Fred as a leader and a friend, we've prepared well for this transition that will shuffle our roles but maintain the same leadership team with the same strategy. Other key executives at Calumet Specialty Products Partners LP include Fehsenfeld Fred M Jr He was the third son of Ruth and John Fehsenfeld. She serves on the boards of the Indiana Economic Development Corporation, the Womens Fund of Central Indiana, Calumet Specialty Products, and is a member of the Young Presidents Organization. in mechanical engineering from Duke University and an M.S. VP Sales & Oil Ellie Bruce The Environmental Services segment offers parts cleaning, containerized waste management, vacuum truck, and antifreeze recycling services, and the Oil Business segment collects used oil and sells recycled fuel oil, as well as engages in the re-refining of used oil into lubricant base oil and by-products. in economics and an MBA from the Massachusetts Institute of Technology Sloan School of Management. Where more than one name is listed under a number, there is a tie. In 2016, Freds daughter, Amy, assumed the role of president of The Heritage Group, marking the beginning of the transition to fourth-generation leadership a rarity in the realm of family businesses and a true testament to Freds dedication to the long-term success of the organization. Growing too is Fehsenfeld's wallet: he cleaned up in the market this week to the tune of $17.6 million on gains in HCCI shares. When Duke makes a Final Four, its been automatic. Prior to joining the family business, Fred spent two years at ConocoPhillips. Currently, Fred M. Fehsenfeld occupies the position of Chairman of Heritage-Crystal Clean, Inc. and Chairman for The Heritage Group (Indiana). After earning a Masters degree in management from the Massachusetts Institute of Technology, Fehsenfeld spent a few years working with ConocoPhillips. Designed to facilitate discoveries and connections, the new space creates a relaxed environment for collaboration and innovation. Other recent insider transactions involving Calumet Specialty Products Partners LP (CLMT) include The first thing Coach K said, according to Fehsenfeld, was that, Butler didnt lose tonight, college basketball won. You can see the complete history of Ms. Schumacher stock trades at the bottom of the page. In 2014, The Heritage Group invests in future leaders by launching Kids Science Camp for the children of Heritage employees to help kids age 8-12 develop a passion for science and learn to tackle big problems by thinking creatively. The most-recent trade in Calumet Specialty Products Partners LP is the Trust's mailing address filed with the SEC is FEHSENFELD & ISSUE UAD 12 30 1974, 5400 W. 86TH STREET, INDIANAPOLIS, IN, 46268 . He then married Barbara Fehsenfeld, who survives. Fred Fehsenfeld Net Worth The estimated Net Worth of Fred M Jr Fehsenfeld is at least Heritage-Crystal Clean Inc stock worth over . October 10, 1924 - November 28, 2018 IN THE CARE OF Leppert Mortuaries - Nora Fred M. Fehsenfeld, Decorated World War II Fighter Pilot and Founder of The Heritage Group, Dies at 94. Fred was preceded in death by his two children, Jan (John) Dillow and Mike (Robin) Fehsenfeld. The current estimated net worth of Heritage-Crystal Clean, Inc's Director, Fred Fehsenfeld Jr, is estimated to be about $65.4M . Competitive bets on fishing, euchre and golf were all part of the family fun, so it was no surprise when he made a hole in one with two of his sons at Bearslide Golf Club. in civil engineering from Purdue University and her M.S. Fred did this, not for himself but because of the societal and economic benefits that would come to the United States, which he loved so much. This initiative would improve the future of American infrastructure for generations to come. Throughout his entire life, he was a true American patriot. a net Fred never gave up on anything: in business, with his family, or our countrys future. Prior to Heritage, Jeff worked in the investment banking, commercial insurance, and venture capital sectors. The idea simmered in the back of his head until he was at a Duke Board of Visitors meeting five days later. He donated tens of thousands of dollars over the years to candidates and office holders including Mike Pence, Eric Holcomb and Todd Young and hundreds of thousands in total to groups including the National Republican Senatorial Committee, National Republican Congressional Committee and Indiana Republican State Central Committee. They will surprise themselves!" The class tackled Machiavelli, Joseph Shumpeter, Karl Marx and others. $159.8K . Amy has been part of The Heritage Group family of businesses for over 12 years. Paving the way: Becoming a construction leader. We also grow to become a one-stop waste management solution for hazardous and non-hazardous waste streams, tailoring solutions to meet customer needs-whether landfill, recycling, or reuse. Maybe it's not because his father relentlessly pushed education like mine (though I have no idea). People Search IN Zionsville Fred Fred Fehsenfeld Profile; Fred . GuruFocus.com is not operated by a broker or a dealer. E. DR., SUITE 200, , INDIANAPOLIS, IN, 46214. Our environmental group grows to become the largest privately held environmental services business in North America and an industry trailblazer, recognized by the EPA for having the cleanest record in the country. Your entry has exceeded the maximum character limit. 2004-2023 GuruFocus.com, LLC. The company's first asphalt plant opens in Indianapolis in 1957. a net In Kenya, Im having fun working on something completely different, trying to make a real difference alongside my family. During her leadership, she built a Chemistry Themed Playroom at St. Vincent Clinic and received two awards for the project. The Purdue Foundation - Fred M. Fehsenfeld Sr. Engineering Scholarship Fund, 403 West Wood Street, West Lafayette, Indiana 47907, 30 South Meridian Street, Indianapolis, IN 46204, Do Not Sell or Share My Personal Information. You can select different timeframes to see how Fehsenfeld Fred M Jr's insider trading performs compared to the benchmark. Fred began his career at Rock Island Refining as a Process Engineer. Other recent insider transactions involving Heritage-Crystal Clean Inc (HCCI) include On that date, Todd Borgmann, currently EVP & CFO, will assume the role of CEO, and Vince Donargo, currently Chief Accounting Officer, will assume the role of EVP & CFO. The most active insiders traders include Group Heritage, Fred M Jr Fehsenfeld, and Bruce A Fleming. We all show up, have fun and do our best to cheer Duke on to victory! Fehsenfeld said. They won national titles in the city in 1991, 2010 and 2015. Fehsenfeld lives in Indianapolis, Indiana, which one could argue is Duke basketballs home away from home. Today, THG is a multibillion-dollar enterprise with 40+ operating companies and 5,000 employees who want to make a difference in advanced materials, specialty chemicals, environmental services, transportation infrastructure and venture capital. . He has also held various senior finance and accounting roles spanning multiple industries. Trust's mailing address filed with the SEC is FEHSENFELD & ISSUE UAD 12 27 1973, 5400 W. 86TH STREET, INDIANAPOLIS, IN, 46268 . In addition, she makes $0 as Director of Calumet GP and LLC at Calumet Specialty Products Partners L.P. Amy has made over 10 trades of the Calumet Specialty Products Partners L.P stock since 2016, according to the Form 4 filled with the SEC. cost In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. He values diverse and data-driven teams, and he helps these teams grow with their companies. Fehsenfeld Fred M Jr is the director & Chairman of Calumet Specialty Products Partners LP. Fehsenfeld, who died Nov. 28, consistently sought occasions to grow the company and taught himself about other industries so he could take advantage of opportunities when he saw them. The current estimated net worth of Heritage-Crystal Clean, Inc's Director, Fred Fehsenfeld Jr, is estimated to be about $69.85M . Not all the money is in education. Heritage Crystal Clean is a company that provides hazardous and non-hazardous waste collection services to small businesses as well as parts cleaning tools. The company operates through three segments namely Specialty Products and Solutions segment manufacture and market solvents, waxes, customized lubricating oils, white oils, petrolatum's, gels, esters, and other products. The Heritage Group expands into global markets with operations in Kallo, Belgium. Fred graduated from Shortridge High School, earned a mechanical engineering degree from Purdue and also received an honorary doctorate in Civil Engineering from Purdue. He was assigned to the 354th Pioneer Mustang Fighter Group in France, a famous fighter group of P51 Mustangs and P47 Thunderbolts. According to Fred Fehsenfeld Jr., one of the most instrumental foundations that Duke built for his career came in the form of an unusual pilot course for the school called Great Books. This site is provided as a service of SCI Shared Resources, LLC. Meta Platforms Stock Is Trading Close To Its Fair Value. Mr. Fehsenfeld has served as Chairman of the Board of Directors of Calumet Specialty Products Partners, L.P. (Calumet Partners) since 2006. Fehsenfeld Fred M Jr is the director of Heritage-Crystal Clean Inc. purchase Closer to home, our pioneering use of steel slag for resurfacing the Indianapolis Motor Speedway in 2004 leads to world records. Monumental progress: Growth in SpecialtyChemicals. Prior to joining The Heritage Group, Betsy served as chief operating officer of Central Indiana Corporate Partnership (CICP), a non-profit focused on advancing the economic prosperity of central Indiana. While the spark may have been unusual, the results speak for themselves. John is an active member of the entrepreneurial community. Fred Fehsenfeld is 69, he's been the Director of Heritage-Crystal Clean Inc since 1999. Early in his career while working in ConocoPhillipss corporate headquarters, Fehsenfeld asked to be transferred into the oil fields of Oklahoma where he would have an opportunity to develop his engineering skills. In 2020, Amy Schumacher becomes the fourth generation of the Fehsenfeld family to serve as CEO. Tony Kriech, leader of the Heritage Research Group, stated, One of Freds brilliant ideas was the concept of separating car and truck lanes on our interstate highways to save lives, reduce pollution and congestion. The aggregates business begins when The Heritage Group purchases Indiana quarries in order to make better roads and other products. It was a transformative experience for himself as well. Mr. Fehsenfeld received his B.S. Ph.D. University of Texas, 1962. He holds a B.S. Mr. Fehsenfelds engineering and management training and senior leadership roles in other companies also benefit the Company. A small bet leads to our entry into the specialty chemical and fuel product segments of our business when Fred Jr. purchases a bankrupt refinery in Louisiana and turns it around. Phillips held more than $250,000. Freds career with The Heritage Group spans over 40 years, during which he has provided a breadth of experience in leadership and management across a wide variety of industries, including his role as CEO from 1980 to 2020. In 2002, Michigan Crystal Flash, which evolves into independently branded convenience stores, is sold to Speedway. If you have not registered, please sign up for a free account now. After all, there are some things about a business that one can only learn by getting your boots dirty. In Indiana, Mac Fehsenfeld runs the company. acquisition Fred M. Fehsenfeld was born in Indianapolis on October 10, 1924. Fehsenfeld and his first wife, Midge Fehsenfeld, had seven children, two of whom preceded him in death. Sources: Interactive Data and LionShares via FactSet Research systems. 3 transactions in Heritage-Crystal Clean Inc (HCCI) over the past 5 years, including 0 buys and 3 sells. Other key executives at Heritage-Crystal Clean Inc include Net Worth What's Trust Fehsenfeld's mailing address? The largest trade he's ever made was selling 300,000 units of Heritage-Crystal Clean Inc stock on 11 August 2022 worth over $10,554,000. The Montana/Renewables segment is comprised of two businesses - renewable diesel and specialty asphalt. Joseph Chalhoub, Director, Fundamental company data provided by Morningstar, updated daily. Gregory Ray, COO, The Heritage Group currently employs 6500 people around the world, with operations across North America, Europe and China, in the core industries of Environmental and Remediation, Specialty Chemicals and Fuel Products, and Construction and Materials. also There are 3 older and 8 younger executives at Heritage-Crystal Clean Inc. She loves volunteering for ACS, creating new culinary experiences, traveling and playing tennis. Fred. Forbes used a snapshot of stock prices and exchange rates on Feb. 17, 2017 to create the list. No doubt he has a good chunk of welath in Chanel, but a side venture is making his big bucks too. Fred M. Fehsenfeld, Jr. is a third-generation Fehsenfeld family business leader, currently serving as Chairman of The Heritage Group Holdings Company Board. of 11,142 shares. In 1980, he was named CEO of The Heritage Group (THG), which had sales of $100 million that year and 1,000 employees. 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