Merichem Company funds Bruce D. Upshaw ’70 Endowed Scholarship in Accounting and Finance to raise up young leaders in business

In gratitude for the dedication and leadership of Mr. Bruce D. Upshaw, retired Sr. Vice President, Treasurer and Chief Financial Officer and current member of the Merichem Board of Directors, Merichem Company endowed a scholarship in Accounting and Finance at Texas A&M’s Mays Business School. Mr. Upshaw has served Merichem since 1981 and graduated from Texas A&M University in 1970 with a bachelor’s degree in business administration – Finance.

“Leaders like Bruce are the reason why Merichem has delivered innovative solutions to customers for over three-quarters of a century. Our vision is scholarships like this one will enable more business leaders to rise up and I couldn’t think of a better place than Mays Business School for Bruce to select as the place to direct this investment,” shared Kendra Lee, Merichem Company Chairman & CEO.

Upshaw joined Merichem in 1981 after filling a variety of accounting and supervisory positions over eleven years with Shell Oil Company. He began his Merichem career as Accounting Manager, became Controller in 1985, and was elected Treasurer of Merichem Company in 1995.

In 1997 Upshaw was elected CFO of Merisol USA, the Texas Operating Company of Merisol, a Merichem-Sasol Joint Venture. In 1999 he rejoined Merichem and became CFO in 2002. Upshaw has served on Merichem’s board of directors since 2006.

“I was blessed to join an amazing organization and work with wonderful people in my career,” shared Bruce Upshaw. “I’m thrilled Merichem has this program in place and we, together, contribute to fostering the next generation of leaders.”

Bruce demonstrates his continuing passion for Texas A&M through support for The Texas A&M Foundation, The 12th Man Foundation, The Association of Former Students, the Aggie Band, Parson’s Mounted Cavalry and the Yell Leaders.

“The faculty and students at Mays Business School are grateful for the generosity of Merichem Company and Bruce Upshaw,” shared Eli Jones, Dean of Mays Business School. “Scholarships allow students an opportunity to experience all that Texas A&M has to offer and to fulfill our vision at Mays to advance the world’s prosperity. We are developing transformational leaders and support from individuals and organizations are how we raise up equipped and experienced talent.”

The Bruce D. Upshaw ’70 Endowed Scholarship in Accounting and Finance was established at Texas A&M University on August 21, 2020 for the benefit of Mays School of Business. Merichem Company of Houston, Texas provided the gift funds and the endowment honors Mr. Upshaw of Hays County, Texas.

About Merichem Company

Founded in 1945, Merichem Company serves the global oil and gas and petrochemical industries as a leader in full-service sulfur removal, caustic treating and spent caustic treatment technologies. Merichem also provides safe and reliable spent caustic handling services through beneficial reuse and recycling of spent caustics, turning would-be waste into valuable and viable commodities.