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Continued from previous page
When Huntsman was a high school senior
in Palo Alto, he was asked by the school
principal to attend a recruiting session for
Wharton, a place Huntsman had never
heard of. Harold Zellerbach, W’17, then
executive vice president of Crown Zellerbach
Corp., was the recruiter; Dr. Ray
Saalbach, Penn undergraduate admissions
officer, was also at the meeting.
“It was a milestone
in my life,” Huntsman
remembers. “I
had never heard of
Wharton or Penn,
but both Zellerbach
and Saalbach were
very gracious. Zellerbach
said, ‘Jon, you
would be a wonderful
businessman. You
meet people well and
you interact well with
strangers.’ I told him
I had never been East
in my life.”
Huntsman accepted
the scholarship
offer: $1,500 a year
from Zellerbach and
another $1,000 from
the Northern California alumni club, arranged for with
Zellerbach’s help. Between waiting on tables in sorority
houses and delivering flowers in West Philadelphia, Huntsman
made his way through Wharton.
That $10,000 investment by Wharton alumni in the
1950s proved to be money well spent. Huntsman was
senior class president in 1959, president of Sigma Chi fraternity
and the Kite and Key Club, and recipient of the 1959
General Alumni Society Award of Merit for leadership in
undergraduate activities as well as the prestigious “spoon”
award for the class of ’59. Huntsman also won Sigma Chi’s
highest award that year — the International Balfour Award,
among other honors.
“I was the product of rural public schools, yet I was
always very much accepted at Wharton. I was always treated
with respect and dignity,” Huntsman says. “I loved the
interaction with people of different backgrounds. It’s a
complete education, the best undergraduate and graduate
education available, and it offers such a remarkable network
afterwards in the business and financial world.”
When he announced his gift to Wharton last May,
Huntsman credited the school with being “the place that
got many of us started, the place that provided a balanced
education to make us into what we are today. We can
never forget those roots and the critical and meaningful
role they have played in our lives.”
At Huntsman Corp. headquarters, the office of the chairman
on the third floor presents visitors two striking images.
One is a panoramic
view of Salt Lake City;
the other is a bronze
Remington statue of
cowboys running at
full gallop. The statue
is blanketed with
what may qualify as
the world’s largest
collection of beanie
babies, arranged and
rearranged depending
on which grand-child
visited last.
The office is vintage
Huntsman: a
place where business
gets done but where
Jon and Karen Huntsman’s
nine children
and 37 grandchildren
are always welcome and where the founder’s personal philosophy
is as much a part of the corporate culture as the
20+ billion pounds of chemicals, plastics and packaging
materials produced every year.
The company dates back to 1970, when Huntsman and
his brother Blaine raised $300,000 in seed money plus $1
million in venture capital funds to start Huntsman Container
Corp., the precursor to Huntsman Corp. Among the
company’s notable successes was the use of polystyrene
to make the “clam-shell” containers used for McDonald’s
Big Macs.
In late 1970, Huntsman left the company to serve in the
U.S. Department of Health, Education and Welfare and then
as Special Assistant and Staff Secretary to the president of the
United States in the White House. He returned to Huntsman
Container Corp. in 1972, transferred the business to Salt
Lake City, and spent the next few years overseeing the development
of 80 new kinds of polystyrene packaging.
In 1982 he founded Huntsman Chemical Corp.,
renamed Huntsman Corp. in 1994 after the purchase of
Texaco Chemical Co. Following a series of well-timed
acquisitions and/or expansions, Huntsman Corp. today
makes products that are found in everything from outdoor
furniture, toys, clothing, medical devices, personal care
supplies, detergents, textiles, batteries and carpeting to
pharmaceuticals, car waxes, paints, appliances, computers,
televisions, cameras and bicycle helmets, to name a few
of the end uses recognizable to consumers.
Throughout nearly three decades of company growth,
Huntsman says that he "has always erred on the side of my
heart … We’ve written our own set of rules. We don’t follow
bureaucratic guidelines established by someone else.
They are golden rules that we hope others would apply to
us if we were in a similar position.
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