Dow Unveils New Senior Leadership Structure

15-Mar-2007

In an announcement to employees, Andrew Liveris, Chairman and CEO of The Dow Chemical Company, unveiled a new corporate and business leadership structure, focused on accelerating the implementation of Dow's transformational growth strategy.

"As we look towards our future, it is essential that we define a leadership organization and leadership teams that will swiftly take us to the next phase of our evolution. Over the past few months, this has been my key area of focus - ensuring we have the right people, concentrating on the right tasks, with the right levels of empowerment," Liveris told Dow's 43,000 employees. "I am extremely excited by the structure and the teams we are setting in place today - they will be the catalyst for tremendous change as we drive forward with the next phase of our strategic agenda," he added.

The senior level realignment includes the formation of a five person Executive Leadership Committee that will concentrate on defining the Company's strategic direction, prioritizing its investment agenda, establishing enterprise-wide policy and setting financial plans and performance metrics. In addition to Liveris, the Committee comprises: Geoffery Merszei, executive vice president and chief financial officer, Romeo Kreinberg, executive vice president, Performance Businesses, Heinz Haller, senior vice president, Strategic Development and New Ventures, and Mike Gambrell, executive vice president, Basics Businesses.

Liveris has also redefined its global business portfolio, structuring it around eight distinct groups - each of which will be led by a business president. Six of these groupings are new, while two are already in place: Basic Plastics (President: Jim Fitterling), Basic Chemicals (President: Earl Shipp), Polyurethanes (President: Pat Dawson), Designed Polymers & Latex (President: Peter Davis), Epoxy & Intermediates / Specialty Chemicals (President: Patrick Ho), Specialty Plastics (President: George Biltz), Dow Agrosciences (President: Jerome Peribere), and Hydrocarbons & Energy (President: Juan Luciano).

The eight Business presidents will be held accountable for implementing appropriate growth strategies for the businesses in their division, and for playing their part in meeting the Company's short-term and long-term financial goals.

https://www.chemeurope.com/en/news/62761/dow-unveils-new-senior-leadership-structure.html