Mei Xu
Born
Hangzhou, China
EducationMaster's in Journalism
Alma materUniversity of Maryland
OccupationEntrepreneur
Known forFounder and CEO of Pacific Trade International

Mei Xu is a Chinese-American businesswoman who founded Pacific Trade International and its subsidiary, Chesapeake Bay Candle. Xu stepped down in November 2018 as CEO of Chesapeake Bay Candle.[1][2] She is the CEO of Mei Xu & Co. LLC and its online platform, YesSheMay.com, a community and marketplace for women entrepreneurs.

Early life and education

Xu grew up in Hangzhou, China. At the age of 12, she was among 80 children selected to be trained as a future diplomat and was sent to study at the Hangzhou Foreign Language School.[3] After graduation, she attended Beijing Foreign Studies University. While there, she worked as a part-time project manager for the World Bank. She graduated in 1989 with a BA in American studies.[4][5]

In response to the Tiananmen Square protests of 1989, the Chinese government assigned menial jobs to many youths. Xu was assigned to track mineral deliveries at a warehouse in Dalian.[1][3][6] Frustrated with the work, Xu quit and would eventually move to the United States to study journalism at the University of Maryland. She earned a master's degree in the subject. After graduation, she hoped to return to work for the World Bank, but was thwarted by a hiring freeze.[3][4]

Career

Xu first found a job at a medical company in New York City.[4] She would then return to Annapolis, Maryland, in 1994, co-founding (with her then husband, David Wang) Pacific Trade International, a candle and home decor company.[3][7] She was initially inspired to create the company because of her frequent walk-throughs of a local Bloomingdale's in New York.[2] In its first year of operation, Pacific Trade International earned $500,000.[4]

Xu and Wang would experiment with candle-making in their home with wax poured into soup cans, ultimately creating the company's flagship brand, Chesapeake Bay Candle.[2][8] In 1995, Xu's sister opened a factory in Hangzhou to manufacture the candles.[3]

In 2005, Xu founded an interior lifestyle brand, Blissliving Home. Two years later, the Asian Women in Business organization honored her with their Entrepreneurial Leadership Award.[9] In 2011, Xu opened another production and distribution facility in Glen Burnie, Maryland. In 2014, U.S. Senator Ben Cardin toured that facility.[1][10]

In September 2017, it was announced that New Jersey company Newell Brands had acquired Chesapeake Bay Candle for $75 million. Pacific Trade International was not included in the deal, and Xu remains CEO of that company.[11][12]

References

  1. 1 2 3 McCormick, Gabriele (March 2011). "How Mei Xu Found Her Bliss". Bethesda Magazine. Retrieved November 10, 2017.
  2. 1 2 3 Heath, Thomas (October 16, 2016). "Immigrant from China turns a stroll through Bloomingdale's into a $60 million business". The Washington Post. Retrieved November 10, 2017.
  3. 1 2 3 4 5 Wanxia, Lin (March 13, 2017). "Burning Bright". Asia Times. Retrieved November 10, 2017.
  4. 1 2 3 4 Gilgore, Sara (September 9, 2016). "Mei Xu (Video)". Washington Business Journal. Retrieved November 10, 2017.
  5. ↑ Kim, Kathleen (October 24, 2012). "Mei Xu: Crossing Borders With Chesapeake Bay Candle". Inc. Retrieved November 10, 2017.
  6. ↑ "Immigrant Entrepreneur Hall of Fame: Mei Xu". The Immigrant Learning Center. August 2014. Retrieved November 21, 2017.
  7. ↑ Hinders, Dana. "Chesapeake Bay Candle: Interview with Mei Xu". LoveToKnow. Retrieved November 10, 2017.
  8. ↑ Farazad, Roshan (November 19, 2010). "Gift Guide: Classic Candles". Washington Life. Retrieved November 10, 2017.
  9. ↑ Dickenson, Susan (December 1, 2007). "Portrait: Mei Xu, Blissliving Home and Chesapeake Candle". Home Accents Today. Retrieved November 10, 2017.
  10. ↑ Yoon, Kate (February 7, 2014). "Cardin tours Chesapeake Bay Candle in Glen Burnie". Baltimore Sun. Retrieved November 10, 2017.
  11. ↑ Hutzell, Rick (September 7, 2017). "New Jersey company buys Chesapeake Bay Candle for $75 million". Capital Gazette. Retrieved November 21, 2017.
  12. ↑ Munshaw, Jonathan (September 7, 2017). "Newell Brands to buy Chesapeake Bay Candle for $75M". Baltimore Business Journal. Retrieved November 21, 2017.
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