Frank Popoff

Frank Popoff
Bulgarian: Франк Попов
Popoff in 2014
Born(1935-10-27)October 27, 1935
Sofia, Bulgaria
DiedFebruary 25, 2024(2024-02-25) (aged 88)
Midland, Michigan, U.S.
Alma materIndiana University
PartnerJean Urse
AwardsPetrochemical Heritage Award[1]
Scientific career
FieldsPetrochemical Industry
InstitutionsDow Chemical Company, TCF Financial Corporation

Frank Popoff or Frank Popov (Bulgarian: Франк Попов; October 27, 1935 – February 25, 2024) was a Bulgarian and American businessman.[2] He served as the chairman of TCF Financial Corporation from April 2004.[3]

Biography

Born in Sofia, Bulgaria, on October 27, 1935, Popoff emigrated in 1941 with his father and mother, Eftim and Stoyanka Popoff and his sister Joan to Terre Haute, Indiana.[4] He attended Terre Haute Wiley High School in Terre Haute, graduating in June 1953. [5] He then attended college at Indiana University, graduating with an A.B. in chemistry in 1957, and an MBA from IU's Kelley School of Business in 1959. He was a member of Sigma Chi Fraternity.

While in graduate school, he married Jean Urse, a graduate of the IU College of Education on August 30, 1958. They had three sons, John, Thomas, and Steven and four grandchildren, Maxwell, Hanna, Mia and, Marcus.

Popoff died in Midland on February 25, 2024, at the age of 88.[6]

Career

Popoff joined The Dow Chemical Company in 1959 and served in technical service and development, sales and marketing positions prior to becoming general manager of the Agricultural Products Department, president of Dow Chemical Europe in Zurich, Switzerland, and returning to Dow's Midland, Michigan, headquarters in 1985 to become chief executive officer and chairman of the board of directors.

Popoff was the chief executive officer of The Dow Chemical Company from December 1987 to November 1995, and chairman of the board from December 1992 to November 2000. [7] He was a director of Chemical Financial Corporation from 1989 to 2006 and chairman from 2004 to 2006. He has served as director of American Express Co., Qwest Communications International Inc., United Technologies Corp. and Shin-Etsu Chemical Co. Ltd. and was director emeritus of the Indiana University Foundation. He was also a member of the American Chemical Society and served as a member of The Business Roundtable and the Business Council. In his tenure as the CEO, Popoff led the push to make the company environmentally sustainable.[7]

Awards and Honors

See also

References

  1. ^ "Petrochemical Heritage Award". Science History Institute. 31 May 2016. Retrieved 24 March 2018.
  2. ^ Richmond, Yale (1995). From Da to Yes: understanding the East Europeans. Intercultural Press. p. 178. ISBN 978-1-877864-30-8.
  3. ^ Deutsch, Claudia H. (1987-11-22). "Dow Chemical Wants to be Your Friend". The New York Times. Retrieved 2009-10-12.
  4. ^ Clark, Dave (26 February 2024). "Community remembers former Dow CEO Frank Popoff". Midland Daily News. Archived from the original on 27 February 2024. Retrieved 27 February 2024.
  5. ^ "Wileyan" yearbook of Terre Haute Wiley High School, 1953, page 36.
  6. ^ Clark, Dave (26 February 2024). "Community remembers former Dow CEO Frank Popoff". Midland Daily News. Archived from the original on 27 February 2024. Retrieved 27 February 2024.
  7. ^ a b Sandomir, Richard (2024-03-05). "Frank Popoff, Who Sought to Lead a Friendlier Dow Chemical, Dies at 88". The New York Times. ISSN 0362-4331. Retrieved 2024-03-12.
  8. ^ Program of the "One-Hundred and Tenth Commencement of Rose-Hulman Institute of Technology" May 21, 1988.
  9. ^ "Popoff receives Petrochemical Heritage Award". 28 April 2014.