Former Cabot ceo to run US energy department

Washington DC–Samuel Bodman, former chief executive of Cabot Corp has been named as President George W Bush’s energy secretary. He will replace Spencer Abraham, who announced his resignation in mid-November.

Bodman is currently deputy secretary of the Treasury Department and will take up his new position as soon as the US Senate confirms the nomination

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Bloomberg (US) story

Press release from The White…

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