Fred Fehsenfeld Jr.: 2020 Distinguished Alumni Award He began his career at Rock Island Refining as a process engineer but later joined the family business, Crystal Flash Petroleum, a company that operated gas stations and sold home heating oil. The most active insiders traders include Group Heritage, Fred M Jr Fehsenfeld, and Bruce A Fleming. 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. Kellogg Graduate School of Management at Northwestern University. of 150,000 shares made by Brian Recatto The most recent stock trade was executed by Robert W Jr Willmschen on 8 March 2023, trading 4,315 units of HCCI stock currently worth $159,784. a net 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. Mr. Fehsenfeld has served as a Director on our Board 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. Just over 30 years ago, during his honeymoon with his wife Suzie, Fehsenfeld found himself on a Kenyan safari. Crystal Flash expands north, as Michigan Crystal Flash, operated by Frank Fehsenfeld's uncle, Art Barnes, who Frank joins in 1936. 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. Chief Accounting Officer Vincent Donargo Uad Issue Fehsenfeld Fbo Trust Maggie Net Worth & Insider Trades Fred has made over 18 trades of the Heritage-Crystal Clean Inc stock since 2008, according to the Form 4 filled with the SEC. Celebrating 90 Years | The Heritage Group Heritage-Crystal Clean, Inc. is headquartered in Elgin, Illinois, and operates through 89 branches serving approximately 91,000 customer locations. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. In summary, during the past 3 months, insiders sold 11,142 shares of Calumet Specialty Products Partners LP (CLMT) in total and bought 0 shares, with a net a net Under Fred Sr. and the second generation of the Fehsenfeld family, The Heritage Group expands into asphalt and aggregates, paving the way to make The Heritage Group a market leader in the transportation, construction, and materials business. Last updated: 23 February 2023 at 5:50pm EST. Fehsenfeld Fred M Jr made Fred flew 89 missions in Europe and was awarded the Air Medal with three silver clusters and a silver star. Calumet becomes a public company in 2006. Most recently he sold 147,710 units of HCCI stock worth $4,834,548 on 23 August 2022. Schumacher is the daughter of Fred M. Fehsenfeld, Jr., the chairman of the board of our general partner. A third-generation Fehsenfeld family business leader, Fred M. Fehsenfeld, Jr. currently serves as Chairman of The Heritage Group Holdings Company Board, continuing a legacy of family leadership that began with his grandfather, John E. Fehsenfeld, in 1930. He was a devoted, loving husband to his wife of 57 years, Midge Fehsenfeld, who passed away in 2003 and to his surviving wife, Barbara Fehsenfeld, of 15 years, who made his old age enjoyable and full of adventure. Currently, Fred M. Fehsenfeld occupies the position of Chairman of Heritage-Crystal Clean, Inc. and Chairman for The Heritage Group (Indiana). He graduated with a BS in Finance from Lehigh University with high honors and later earned an MBA from the University of Chicagos Booth School of Business. Senior Scientist NOAA/ESRL, Chemical Sciences Division E-mail: fred.c.fehsenfeld@noaa.gov Office: David Skaggs Research Center 1A116 Phone: 303-497-5819 His net worth was estimated at $2.5 billion. I know, no one stops the presses any more, but I might as well use it before it becomes completely meaningless. Past performance is a poor indicator of future performance. Fred M. Fehsenfeld, Jr. is a third-generation Fehsenfeld family business leader, currently serving as Chairman of The Heritage Group Holdings Company Board. But many stocks buck the trend and chalk up good performances - this week drug advances and federal (in)action benefitted some stocks. Mr. Fehsenfeld has served as Chairman of the Board of Directors of Calumet Specialty Products Partners, L.P. (Calumet Partners) since 2006. Amy Schumacher and the Grube family found Monument Chemical, and Amy becomes CEO of the new company. On average, Amy trades about 3,302 units every 49 days since 2014. Heritage-Crystal Clean In provides full-service parts cleaning, hazardous and non-hazardous bulk and containerized waste management, used oil collection, re-refining and lubricating base oil product sales, wastewater vacuum services, antifreeze collection, recycling and product sales, industrial and field services, and emergency and spill response services. , Heritage Group founder Fehsenfeld remembered as 'revolutionary builder Over 13 weeks, the startups scale their businesses and go to-market strategies under the guidance of mentors from The Heritage Group's networks. He was also a Partner of the Zell/Chilmark Fund, a private equity fund that invested in distressed companies. He was a committed member of his community, a member of Junto for over fifty years, a loyal supporter of his alma mater Purdue and past Chairman of The Asphalt Institute. During the past 18 months, 11,142 shares of Calumet Specialty Products Partners LP (CLMT) were sold and 47,517 shares were bought by its insiders, resulting in a net Other key executives at Heritage-Crystal Clean Inc include Fred FEHSENFELD | Research profile Paul has also held a range of leadership roles at Honeywell and General Electric, and throughout his career, has collected diverse geographic experience, including holding roles in Asia and Europe. Over the last 15 years, insiders at Heritage-Crystal Clean Inc have traded over $63,916,909 worth of Heritage-Crystal Clean Inc stock and bought 2,628,339 units worth $31,329,949 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. Fred. INDIANAPOLIS, Feb. 24, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), today announced that Calumet co-founder . He started his studies and joined the swim team, too getting the most out of whatever college . 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. Fred Fehsenfeld is 69, he's been the Director of Heritage-Crystal Clean Inc since 1999. Betsy has a bachelors degree in finance from the University of Notre Dame and an M.B.A. from Duke University. He values diverse and data-driven teams, and he helps these teams grow with their companies. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. purchase Fehsenfeld Fred M Jr is the Chairman of the Board of Calumet Specialty Products Partners LP and owns about 15,476,795 shares of Calumet Specialty Products Partners LP (CLMT) stock worth over $254 Million . in aeronautics and astronautics from the Massachusetts Institute of Technology and an M.B.A. from the J.L. Prior to this role, Sibel held several positions at THG, including Chief Scientist and Research Analytical Chemist. CHIEF EXECUTIVE OFFICER, HERITAGE CONSTRUCTION + MATERIALS. The performance of stocks bought by Fehsenfeld Fred M Jr within 3 months outperforms 4 times out of 4 transactions in total compared to the return of S&P 500 within the same period. It may take up to 1 hour for your comment to appear on the website. Among these stocks, Closer to home, our pioneering use of steel slag for resurfacing the Indianapolis Motor Speedway in 2004 leads to world records. He also led his 353rd fighter squadron on the last official flight in the European Theater of Operations, barrel -rolling over an Austrian prisoner of war camp to let his fellow pilots know that the war in Europe had ended. Strong sales growt of 21% in the latest quarter helped Ulta shares, which in turned helped Heilbronn make another $19.9 million this week. a net Fred Fehsenfeld Net Worth The estimated Net Worth of Fred M Jr Fehsenfeld is at least Heritage-Crystal Clean Inc stock worth over . Its a story about creating an entrepreneurial environment with strong, clear values, along with a bet on young people who surprised even themselves on what could be accomplished if everyone was rowing in the same direction, Fehsenfeld said. Ms. Schumacher received her B.S. After he lays the foundation for success, John's vision of a family-owned business becomes a reality when he sells majority stock in the company to his three sons, Frank, Fred Sr., and Mac. Fred graduated from Shortridge High School, earned a mechanical engineering degree from Purdue and also received an honorary doctorate in Civil Engineering from Purdue. America's Richest Families: 185 Clans With Billion Dollar Fortunes - Forbes John is an active member of the entrepreneurial community. Prior to Heritage, Jeff worked in the investment banking, commercial insurance, and venture capital sectors. Solving big problems: Game-changing research. 147,710 shares on August 24, 2022, which Please enable JavaScript to view this content. She graduated from Purdue University with a B.A. Betsy McCaw serves as Executive Vice President, People + Culture. Always a creative problem solver, when the opportunity to enter the asphalt business arose, Fred went to the library (no google back then) and taught himself how to manufacture asphalt! This project leads to a partnership with the Grube family and the development of Calumet Specialty Products, which specializes in hydrocarbon and fuels. Prior to this, Senior Scientist at ESRL of the . Fred Fehsenfeld Jr's largest purchase order was, Fred Fehsenfeld Jr's largest sale order was, In total, Fred Fehsenfeld Jr has made about, The most recent transaction was a sale order of, Heritage-Crystal Clean, Inc's most recent insider trade came on March 10, 2023 by , Ulta gain a little over 3% in our week, a nice move considering the bearish stance of the broad market. "Fred is a legendary entrepreneur and co-founder of Calumet, and his retirement will be felt deeply," said Mawer. . Innovating for the future: Investing in you. in civil engineering from Purdue University and her M.S. and Fehsenfelds focus on integrity and trust and his dedication to tackling big problems in service to society can all be traced back to Duke Engineeringas can his love of Duke basketball. Of course, Fehsenfeld has always been ready to answer the phone when Duke has been the one calling as well. 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. Fred Schaufeld Net Worth Fred Schaufeld Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. Mr. Fehsenfeld has served as the Vice Chairman of the Board of the predecessor to Calumet Partners since 1990. International expansion continues in this decade, as The Heritage Group helps provide high performance polymerized asphalt and a waterproofing system for China's Qingdao Bay Bridge, one of the longest bridges in the world. Amy has been part of The Heritage Group family of businesses for over 12 years. The Corporate segment primarily consists of general and administrative expenses not allocated to the Specialty Products and Solutions, Performance Brands or Montana/Renewables segments. Fred loved to tackle challenges that had national implications. in economics from Northwestern University. Jeff is also a board director of Heritages PIZO Operating Company, an international partnership with zinc recovery operating plants that use a feedstock derived from hazardous waste. Surely Dennis J. Keller would agree with me. Who Got Rich This Week: For-Profit College Execs, A Grease - Forbes That, and to make others feel good by giving them credit while taking none for yourself.. Fred holds a B.S. The company's service programs includes parts cleaning, containerized waste management, used oil collection and re-refining, vacuum truck services, waste antifreeze collection, recycling and product sales, and field services. 2021-22 Hoosiers Talk About Why Indiana is a Great Place for Your Career, 2020-21 Todays College Students Older, Wiser, 2019-20 Former Indy 500 Driver Crosses College Finish Line, Stellantis to spend nearly $230M to build electric car transmissions in Kokomo, Chamber taking entries for Coolest Thing manufacturing contest, Electric vans roll off Indiana line that once made gas-guzzling Hummers, New Emarsys CEO sees continued local growth ahead for software firm, From paints to plastics, a chemical shortage ignites prices, Goodman Campbell rebuilds after split from IU Health, Primary voters to choose Hogsetts path or Shacklefords vision, Emerging hardtech field offers opportunities, 2023 Engage Northwest Indiana Valparaiso. This week's picking's were slim - only 114 of 16,20o insiders saw their stockholdings increase in value $1 million or more. Calumet is headquartered in Indianapolis, Indiana and operates twelve facilities throughout North America. Steve Mawer, currently CEO, will assume the role of Executive Chairman of the Board of Directors effective May 1, 2022. He was a wonderful brother, father, grandfather and great-grandfather who will be much missed by family. Fehsenfeld enrolled in Purdue at the age of 17, but took a step away from college the next year to serve during World War II in the U.S. Army Air Corps. In Kenya, Im having fun working on something completely different, trying to make a real difference alongside my family. 1. It doesn't hurt that, depending on your field, your work can pay off handsomely beyond the promise of a bigger office and a pension. Our founding father: A man, a truck and a dream. Prior to joining Monument, Sibel worked for The Heritage Group for over 10 years in several research positions. After visits to the library, for example, he jumped into the asphalt business, constructing an asphalt facility in 1960 that is still in operation today. For students like Fehsenfeld, Dukes engineering curriculum was set apart by both its excellence and rigor in demanding students to expand their academic experience by requiring full participation in all that a liberal arts university has to offer. no insider transaction in Calumet Specialty Products Partners LP (CLMT). in mechanical engineering and materials science from Duke University, an M.S. He headed the Distressed M&A Group for Houlihan Lokey in Chicago, where he was responsible for advising on mergers and acquisitions of companies involved in complex nancial and operational restructurings. Calumet processes crude oil and other feedstocks into customized lubricating oils, solvents and waxes used in consumer, industrial and automotive products; produces fuel products including gasoline, diesel and jet fuel. She served as the Indiana Local Section Chair for two terms from 2012 to 2014. As often said by my late father, a whip-smart man who had to abandon school after the third grade to work on his family's Co. Kerry farm, no one can take an education away from you. 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. Freds passion for brainstorming ways to improve the American economy, led to the development of Critical Commerce Corridors. A Butler Trustee was there also, and I shared this fresh idea, Fehsenfeld recalled. 50,000 shares on November 7, 2011, which Fehsenfeld is most commonly held in The United States, where it is carried by 225 people, or 1 in 1,610,929. 0 transactions in Calumet Specialty Products Partners LP (CLMT) over the past 5 years. 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. Amy Schumacher is 48, she's been the Director of Calumet GP and LLC of Calumet Specialty Products Partners L.P since 2014. Gates, William H., III, Seattle, $54.0 billion 2. Tom Ford. Prior to serving as EVP & CFO, he held leadership roles within supply chain, trading, optimization, sales, and strategy. Indiana and America are a better place because of FredFehsenfeld.. Fred Fehsenfeld Jr. Chairman of the Board The Heritage Group Timeline 1930s THE FIRST GENERATION Our founding father: A man, a truck and a dream With $10,000 and a dream, John E. "Jack" Fehsenfeld begins a residential home heating oil delivery service called Crystal Flash. Mr. Fehsenfeld owns over 147,710 units of Heritage-Crystal Clean Inc stock worth over $2,279,604 and over the last 17 years he sold HCCI stock worth over $23,193,701. He eventually pulled the companys growing interests into an umbrella firm called The Heritage Group, which is now headquartered at Intech Park in Indianapolis. I learned that whatever you do, you should do it with humility and empathy for a given situation, Fehsenfeld said. He graduated from Middlebury College with a B.A. 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. . purchase The Board has concluded that Mr. Fehsenfeld should be a Director and Chairman of the Companys Board because of his significant executive experience referred to above, as well as the fact that his significant stock ownership in the Company aligns his interests with those of other shareholders. Fehsenfeld Fred M Jr Remembering Fred Fehsenfeld - J-Band In the late 1970s, Fred Jr. becomes CEO at 29 years old, and the third generation of Fehsenfeld family leadership begins. Image by Getty Images North America via [+] @daylife. During the past 18 months, 685,545 shares of Heritage-Crystal Clean Inc (HCCI) were sold and 150,000 shares were bought by its insiders, resulting in a net What will happen now is that students will be exposed to mechanical engineering, chemical engineering, civil engineering and bio-engineering. CHIEF EXECUTIVE OFFICER, MONUMENT CHEMICAL. also Ive spent my entire career using creative problem solving to confront complicated issues, Fehsenfeld said. Fred M Fehsenfeld had helped build the company since 1977, from when it started collecting waste lubircant oil from mechanics and the like. sale Fred Fehsenfeld Senior Scientist Office of the Director Tropospheric Chemistry NOAA Chemical Sciences Laboratory 325 Broadway, R/CSL Boulder, CO 80305 USA 970-528-0581 Fred.C.Fehsenfeld@noaa.gov Affiliation CIRES Fred is a Senior Research Scientist with the Cooperative Institute in the Environmental Sciences of the University of Colorado. in Civil Engineering and received her M.B.A. from Massachusetts Institute of Technology. in economics and an MBA from the Massachusetts Institute of Technology Sloan School of Management. The estimated Net Worth of Fred M Jr Fehsenfeld is at least $25.3 Milho dollars as of 23 August 2022. Calumet Specialty Products Partners LP (CLMT)'s detailed insider trading history can be found in Insider Trading Tracker table. Fred Fehsenfeld Net Worth (2022) | wallmine Calumet Specialty Products Partners, L.P. is a master limited partnership and a leading independent producer of high-quality, specialty hydrocarbon products in North America. 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. Jeff has founded and sponsored several new ventures and growth equity businesses alongside The Heritage Group. ALL RIGHTS RESERVED. Other recent insider transactions involving Calumet Specialty Products Partners LP (CLMT) include "We sincerely appreciate his service as our chairman. When we seize the opportunity to reclaim fuel from a company near one of our quarries, The Heritage Group enters what is now known as the environmental business. Fred Mehle Fehsenfeld, 98 - Indianapolis, IN - MyLife.com Robert Willmschen Jr who sold 4,315 units worth The most active insiders traders include Group Heritage, Rosser Sherrill & Co Ii Lp , and Fred M Jr Fehsenfeld. Maybe it's not because his father relentlessly pushed education like mine (though I have no idea). But in the middle of World War II, on his eighteenth birthday, Fred enlisted in the US Army Air Corps. Fred M. Fehsenfeld Jr. serves as Director of the Company. Fred Fehsenfeld Jr usually trades in May, with the busiest year in 2022. With over 1,900 locations, Dignity Memorial providers proudly serve over 375,000 families a year. He received his B.A. Opinions expressed by Forbes Contributors are their own. Refining our portfolio: Entering the chemical and fuel industries. Each week I scan Forbes' database of corporate insiders to see who made the most in the past week in the market. We think there are many great places where environmental engineering can do constructive things, particularly in recycling and waste recovery, Fehsenfeld said in the Imprints Magazine story. of News that trials are promising enough the company said this past week it plans to test the drug to see if its treatment cycle can be shorter and without combination with other drugs. Insiders are limited to only officers and/or directors of the company. In addition, he makes $95,000 as Director at Heritage-Crystal Clean Inc. As a young leader, Fred Jr. inspires The Heritage Group core value with his mantra, "Bet on young people. "I am grateful for the opportunity to continue to work closely with Steve in our new roles. $10.55M on August 15, 2022. of Copyright 2011-2023 Duke University | Pratt Intranet, Mechanical Engineering & Materials Science, Online Specializations, Certificates and Short Courses. A Celebration of Life will be held on Saturday, December 8th from 3:00 7:00 p.m. at The Center, 6320 Intech Blvd. In November 2020, The Heritage Group celebrates its 90th anniversary-and is looking forward to 100 years! What is William Fehsenfeld's Net Worth? In summary, during the past 3 months, insiders sold 4,315 shares of Heritage-Crystal Clean Inc (HCCI) in total and bought 0 shares, with a net of 2,000 shares made by Ryan Willman GuruFocus also compares Fehsenfeld Fred M Jr's trading performance to market benchmark return within the same time period. Purdue EEE remembers founder of headship, Fred M. Fehsenfeld. Fred Fehsenfeld - Environmental and Ecological Engineering - Purdue People Search IN Zionsville Fred Fred Fehsenfeld Profile; Fred . and and John Lucks, Senior VP Sales & Marketing His lifetime of service and philanthropy will continue to impact the lives of Hoosiers for the next 200 years. 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. The most recent stock trade was executed by Daniel J Sajkowski on 1 March 2023, trading 11,142 units of CLMT stock currently worth $217,492. $159.8K . 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. GuruFocus tracks the stock performance after each of Fehsenfeld Fred M Jr's buying transactions within different timeframes. His home was active, he and his three brothers loved sports and music, his mother played the piano for silent movies and the family favorite tune was Flight of the Bumblebee. Heritage-Crystal Clean, Inc's customers include businesses involved in vehicle maintenance operations, such as car dealerships, automotive repair shops, and trucking firms, as well as small-to-medium sized manufacturers, such as metal product fabricators and printers, and other industrial businesses. It seems fitting to end with Freds own words that he asked to be inscribed on his tombstone: I TRIED. Comfort the family with flowers or a sympathy gift. VP of Operations Tom Hillstrom Before joining THG, Sibel was heavily involved with academia. Meta Platforms Stock Is Trading Close To Its Fair Value. , Other family members and associates include Kevin Sweeney, Vanessa Mcelroy, Yenet Arrioja, Sally Sweeney and Laura Smith. The oldest executive at Heritage-Crystal Clean Inc is CarmineFalcone, 73, who is the Independent Director. The most-recent trade in Heritage-Crystal Clean Inc is the Amy Schumacher is the Chief Executive Officer of The Heritage Group overseeing the companys portfolio of more than 20 businesses and 5,000 employees. Fred had a wonderful sense of humor and made an impression on all who knew him. When Duke makes a Final Four, its been automatic. of 22,072 shares made by Stephen P Mawer Fehsenfeld Fred M Jr Net Worth (2023) - GuruFocus.com owns 15,476,795 shares of Calumet Specialty Products Partners LP (CLMT) as of November 7, 2011, with a value of $266 Million and a weighting of 91.78%.
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