Founder, Former Owner and Chairman
MATCOR, Inc.

William R. Schutt, BS commerce and engineering 1967, is the inaugural recipient of the Drexel University Business and Engineering Alumni Career Achievement Award.
He is the founder, former owner and Chairman of MATCOR, Inc., a fifty-year-old engineering, project management and manufacturing company serving the worldwide oil, gas, infrastructure industries and governments. The company had offices and personnel throughout the U.S. and in several countries.
Schutt is the holder of seven U.S. patents and several foreign patents. He has been recognized by the U.S. government as one of the top experts in infrastructure corrosion and was part of a 1987 White House delegation to the Soviet Union. Schutt is certified as a NACE International Corrosion Specialist and is an ICORR Fellow of the United Kingdom Corrosion Society. He has authored and published numerous technical papers and lectured in more than twenty-five countries.
Schutt has been featured for his business and technical achievements in TIME Magazine, The New York Times, The Washington Post, The Wall Street Journal, The Philadelphia Inquirer and many other publications. He has appeared on national radio and television including “Good Morning America,” “Hannity,” MSNBC, FOX News, NBC, CBS and others. He has received numerous awards for his work and worldwide projects and in 2016 received an Honorary Doctor of Letters from Delaware Valley University in Doylestown, Pa.
A member of Drexel’s Close School of Entrepreneurship Dean’s Advisory Board, Schutt was the keynote commencement speaker for their 2019 graduation. He received the Drexel Golden Dragon Award for his class in 2017, was elected to the Drexel 100 in 2019 and is a member of the Drexel President’s Leadership Council.
Schutt spends much of his time with nonprofit organizations and serves or has served on the boards of several organizations. He mentors established business owners and is a mentor for business and engineering students at Drexel University. He plays saxophone in the Delaware Valley University Symphonic and jazz bands, does classical solo work and has played with the Bucks County Symphony. He is the founder of the Delaware Valley Saxophone Quartet that has played in venues from the Philadelphia Constitution Center to concerts on Nantucket, Mass.