Walt Clements

Walt Clements

Vice-President, Marketing, Amoco Orient Oil Company

Followers of Walt Clements2000 followers
location of Walt ClementsNotre Dame, Indiana, United States

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  • Timeline

  • About me

    International Retail Energy Executive, Independent Board Director, University Dean, and Professor of Finance at University of Notre Dame - Mendoza College of Business

  • Education

    • Indiana University Bloomington

      1977 - 1981
      Bachelor of Science Accounting
    • The University of Chicago Booth School of Business

      1984 - 1986
      MBA Finance, International Business, Marketing, and Economics
  • Experience

    • Amoco Corporation - Beijing, China

      May 1995 - Sept 1996
      Vice-President, Marketing, Amoco Orient Oil Company

      Responsible for strategy development for market entry into China, as well as business development efforts to form joint ventures with provincial oil companies and cities in select provinces of China.

    • Amoco Corporation - Detroit, MI

      Oct 1997 - Dec 1998
      Marketing Vice-President, Great Lakes Region

      Responsible for business unit for Amoco's service station and distribution network covering both B2C and B2B for Michigan, Indiana, Ohio, Kentucky and Illinois.

    • BP plc - Bochum, Germany

      Jan 1999 - Jan 2008

      Led BP's Fuels Marketing businesses in the Rhine, Central & Eastern Europe Region covering 8 countries, with more than $40b revenue from 6 refineries sold through 4,500 service stations and 67 terminals, to both end-consumers and through franchisees and distributors under the BP and Aral brands. BP and Aral had the market-leading positions for this region. Also served as legal representative in Germany for Logistics, Air BP for aviation fuel business, BP Bitumen, and European Research and Development, and served on Management Boards for Deutsche BP, BP Austria, and BP Luxembourg. Show less

      • Business Unit Leader, Fuels Marketing Rhine/CEE

        Jul 2006 - Jan 2008
      • Vice-President, Retail Germany, Luxembourg, Austria and Switzerland

        Jul 2004 - Jun 2006
      • Business Unit Leader, Retail Mediterranean

        Dec 2000 - Jul 2004
      • General Manager, Retail Strategy

        Sept 1999 - Dec 2000
      • Business Unit Leader, Retail France/Benelux

        Jan 1999 - Sept 1999
    • Aral AG - Bochum, Germany

      Jul 2004 - Apr 2008
      Chairman and CEO

      CEO and Chairman of Aral AG, which is the market leading fuels retailer and wholesaler in Germany. It is the most trusted fuels brand and 3rd most recognized brand of any kind in Germany after Coca Cola and Mercedes. In addition, Aral's Petit Bistro is the 3rd largest fast food company in Germany after McDonald's and Burger King.

    • Aral AG Tankstelle Raich

      Jul 2004 - Aug 2008
      Chief Executive Officer

      CEO and Chairman of Aral AG, Germany's leading fuels, convenience and fast food retailer. Also, Business Leader of BP retail and supply chain businesses in the Netherlands, Poland, Austria, Switzerland and Luxembourg. Together, these businesses generated more than $40 billion of revenue and employ more than 50,000 people.

    • Orion Consulting Group, Inc. - Chicago, IL

      Mar 2009 - Dec 2012
      Managing Partner

      Orion helps its clients by "guiding your ideas to global markets." Orion supports its clients get their ideas to market, whether they are about to patent their ideas, or require support licensing, building a business, creating a strategy, assessing markets, attracting investors, or resourcing. We tailor Orion's unique "Commercialization Milestones Guide" to their specific journey from idea to customer, which is of great value to successfully monetize their intellectual property.

    • Indiana University Bloomington

      Aug 2010 - May 2012
      Visiting Lecturer, Kelley School of Business, Department of Finance

      During the 2010-12 academic years, I taught Working Capital Management, Entrepreneurial Investing and Venture Capital Finance, Intermediate Corporate Finance, and support Business Marketing and Corporate Finance Academies for MBA students.

    • University of Notre Dame's Mendoza College of Business

      Jul 2012 - now
      Teaching Professor

      Beginning July 2012, I teach various Finance courses to undergraduate, MBA and Executive MBA students at Notre Dame's South Bend and Chicago campuses. I specialize in Corporate Finance, Valuation, Entrepreneurial Finance, Working Capital Management, and Strategic Financial Leadership.

    • BP Midstream Partners (Ticker BPMP)

      Oct 2017 - now
      Independent Director

      BP Midstream Partners (BPMP) serves its customers by transporting and storing oil, gas and finished petroleum products from its pipelines and products terminals in the U.S. In addition to our general Board Director duties, the three Independent Board Directors provide oversight to the external audit and acquisition and divestment activity of BPMP.

    • University of Notre Dame - Mendoza College of Business

      Jan 2019 - Jan 2022
      Associate Dean, Executive Education and Teaching Professor of Finance
  • Licenses & Certifications

    • Certified Public Accountant

      The American Institute of Certified Public Accountants (AICPA), State of Illinois
      Nov 1983
  • Honors & Awards

    • Awarded to Walt Clements
      Arnie Ludwig Outstanding Professor Award Executive MBA Class of 2020 May 2020 Selected as the "Arnie Ludwig Outstanding Professor" by the EMBA Class of 2020, considering all courses taken during the 2-year program.
    • Awarded to Walt Clements
      Traditional MBA Outstanding Professor Award Traditional MBA Graduating Class of 2020 May 2020 Selected as the "Traditional MBA Outstanding Professor" by the graduating MBA Class of 2020, considering all courses taken during the 2-year program.
    • Awarded to Walt Clements
      Leo Burke Outstanding Professor Award Executive MBA Class 0f 2019 May 2019 Awarded the "Leo Burke Outstanding Professor" by the EMBA Class of 2019, considering all courses taken throughout the program.
    • Awarded to Walt Clements
      Master of Science in Management Outstanding Professor Award Master of Science in Management Class of 2016 May 2016 Awarded the "Master of Science in Management Outstanding Professor" by the graduating Class of 2016, considering all courses taken during the 1-year program.
    • Awarded to Walt Clements
      Leo Burke Outstanding Professor of the Year Executive MBA Class of 2012 May 2012 Received the "Leo Burke Outstanding Professor" award from the EMBA Class of 2012, considering all courses taken during the program.
    • Awarded to Walt Clements
      Teaching Excellence: "Most Personable" Alpha Kappa Psi Business Fraternity May 2012 Awarded Teaching Excellence Award for 2012 from the Business Fraternity Alpha Kappa Psi for "Most Personable". This was 1 of 4 awards given by IU's largest business fraternity to professors of upper-level Kelley School of Business students.