President & CEO
Walter Wang is President and CEO of JM Eagle Inc., the world's largest manufacturer of plastic pipe.
Headquartered in Los Angeles, his
company employs more than 1,600 people in 23 plants throughout the United States and Mexico.
entrepreneurial and philanthropic endeavors are rooted in his
family tradition of business excellence and community involvement with Formosa Plastics
Mr. Wang started his career at Formosa Plastics in Taiwan as a factory machinery operator on all shifts around the clock, and within two years was promoted to internal corporate consulting project leader.
In 1990, Mr. Wang
was transferred to J-M Manufacturing Co.
Inc. (JM) as a sales coordinator charged with improving J-M sales and reversing the erosion of its competitive stance in the building products industry.
re-engineered the sales process, identified new markets and developed an Internet-based B-to-B management system.
After serving in a variety of capacities, he earned the title of president in October 2000.
Through significant capital investments and without adding head count, J-M
grew annual sales from US$200 million in 1990 to over US$1 billion in 2005.
By tonnage, JM
is the world's largest manufacturer of PVC pipe.
In November 2005, Mr. Wang
acquired 100 percent of J-M
from Formosa Plastics
, creating a fully independent, stand-alone company.
Less than two years later, J-M
acquired PW Eagle
, the second largest PVC pipe maker in North America, to form JM Eagle
, subsequently reaching combined annual sales of more than $1.6 billion.
, together with his
wife, Shirley, established Plastpro Inc. in 1994 to market fiberglass exterior doors and home building products.
The successful product line is now offered nationally through The Home Depot
, Stock Building Supply and other national wholesale distributors.
In June of 2009, Mr. Wang was elected by the majority vote onto the Board of Directors of Formosa Petrochemical Corp. and Formosa Chemical and Fiber Corp.
Civic & Charitable Activities
In addition to his
professional accomplishments, Mr. Wang
has been the recipient of numerous awards and continually recognized for his
civic and charitable efforts.
In 1998, he received the Model Overseas Chinese Young Entrepreneur Award, presented by the president of Taiwan, for his talent and leadership of J-M.
In 2005, Mr. Wang
received the Best Manufacturer Award from Pan Asian American Chamber of Commerce
In 2006, he
was awarded the Ellis Island Congressional Medal of Honor Award for his
contributions to America.
Mr. Wang is a member of the Committee of 100 (C-100), a national organization of Chinese American leaders, and received its 2007 Philanthropic Award.
mission is to improve the U.S.-China relations and promote the full participation of Chinese Americans in all aspects of American life.
He is a member of the Young Presidents Organization Los Angeles and Intercontinental chapters as well as a constituent of CEO.
And he is a member of the World Economic Forum Centre for Global Growth Companies Committee.
Over the years, Mr. Wang
wife have offered generosity and support to more than 15 philanthropic initiatives in disaster relief, clean water, cancer research, education and computer skills development.
Mr. Wang was recently appointed to the Board of Directors of the Danny Thompson Memorial Leukemia Foundation Inc., which raises money for cancer research.
Furthermore, Mr. Wang
has been a leading supporter of efforts to bring clean water to communities in developing countries around the world, believing this is one of the essential needs to effectively address illness and poverty.
Mr. Wang recently joined the board of Aaron Diamond AIDS research Center, the world's leading AIDS research center.
has also been an active supporter of the visual arts through documentary presentations including "The Blood of Yingzhou District
," winner of the 2007 Academy Award for Best Short Documentary
, and was a major contributor to the PBS Channel 13 production of "Becoming American: The Chinese Experience," a documentary series produced and narrated by Bill Moyers.
Other charitable foundations that the Wangs support are Doctors Without Borders and the Asian Pacific American Legal Center
Since 2008, Mr. and Mrs. Wang
have funded two staff positions at the APALC
that are focused on providing legal services to immigrant domestic-violence survivors.
More than 300 cases for clients have been resolved with key legal services, including work permits and visas, helping these women gain freedom and independence from their abusers.
For their efforts, Mr. and Mrs. Wang
were honored by the APALC
with its 2010 Public Service Award.
Mr. and Mrs. Wang
have three children and are active members of St. Paul and St. Andrew Methodist Church
and Redeemer's Presbyterian Church in New York City, as well as Bel Air Presbyterian Church in Los Angeles.