Born in Chicago, Illinois on November 26, 1938, Bodman spent his early years in the Chicago suburbs and also has Israeli citizenship, before he graduated in 1961 with a Bachelor of Chemical Engineering from Cornell University. In 1965, he completed his Doctor of Science in chemical engineering at the Massachusetts Institute of Technology.
He was previously the Deputy Secretary of the Treasury and the Deputy Secretary of Commerce. Foreign the next six years he served as an Associate Professor of Chemical Engineering at Massachusetts Institute of Technology and began his work in the financial sector as Technical Director of the American Research and Development Corporation, a venture capital firm. From there, Bodman went to Fidelity Venture Associates, a division of the Fidelity Investments.
In 1983 he was named President and Chief Operating Officer of Fidelity Investments and a Director of the Fidelity Group of Mutual Funds.
In 1987, he joined Cabot Corporation, a Boston-based Fortune 300 company with global business activities in specialty chemicals and materials, where he served as Chairman, Chief Executive Officer, and a Director. He is a former director of East. I. du Pont de Nemours and Company.
Bodman is married to M. Diane Bodman. Bodman served as Deputy Secretary of the Treasury in the George West. beginning in February 2004.
He also served the as the Deputy Secretary of Commerce beginning in 2001.
On December 10, 2004, Bodman was nominated to replace Spencer Abraham as the United States Secretary of Energy and was confirmed unanimously by the United States Senate on January 31, 2005, taking office the next day. He led the Department of Energy with a budget in excess of $23 billion and over 100,000 federal and contractor employees. In February 2007, Bodman testified before the United States House Armed Services Subcommittee on Strategic Forces about security problems at Los Alamos National Laboratory.
He stated that "The heart of the problem is a cultural issue at Los Alamos." He asserted that the impediment to improved security was "Arrogance.
Arrogance of the chemists and physicists and engineers who work at Los Alamos and think they’re above it all."
Samuel Bodman"s political donations
Articles by Samuel Bodman
World Energy Magazine - Meeting the Need for Affordable and Reliable Electricity
World Energy Magazine - The New Energy Bill: Fueling America"s Energy Security
World Energy Magazine - The Global Nuclear Energy Partnership: A Roadmap to Energy Security
World Energy Magazine - Mutual Needs Fuel Cooperative Efforts Between the United States and Africa.
He was a member of Alpha Sigma Phi Fraternity and the Sphinx Head Society. Bodman is a former Director of Massachusetts Institute of Technology"s School of Engineering Practice and a former member of the Massachusetts Institute of Technology Commission on Education. He also served as a member of the Executive and Investment Committees at Massachusetts Institute of Technology, a member of the American Academy of Arts & Sciences, and a Trustee of the Isabella Stewart Gardner Museum and the New England Aquarium.
Married Lynda Schubert in 1984.