Leaders Appointed For DowDuPont
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowDuPont (NYSE: DD) and The Dow Chemical Co. (NYSE: DOW) have announced several senior leadership appointments for DowDuPont. They will become effective when the proposed $130 billion merger has closed, which the companies say is expected to occur in the second half of 2016.
The appointments include:
- Howard Ungerleider – Chief Financial Officer
- Stacy Fox – General Counsel
- Charles Kalil – Special Counsellor to the Executive Chairman, General Counsel for DowDuPont’s Material Science business
- Jim Fitterling – Chief Operating Officer for the Material Science business
- James Collins – Chief Operating Officer for DowDuPont’s Agriculture business
- Marc Doyle – Chief Operating Officer for DowDuPont’s Specialty Products business
The companies previously announced Andrew Liveris will become executive chairman of DowDuPont with responsibility for the company’s material science business. Edward Breen will become chief executive officer with responsibility for the agriculture and specialty products businesses.
"Each of these executives has a proven track record of executing against a strategic agenda and maximizing stockholder value creation," said Liveris, chairman and chief executive officer of Dow. "By combining the immense talent from both organizations, DowDuPont’s three business divisions will each have a strong and focused leader at the helm driving a clear strategy designed to deliver superior solutions and choices for customers, in addition to setting up the three independent companies."
Dow Chemical is the parent of Indianapolis-based Dow Agrosciences LLC. As part of the merger, Indianapolis will be a Global Business Center for DowDuPont’s agriculture business, the headquarters for which will located in Delaware.
The companies say the board of directors and other leadership roles for DowDuPont are expected to be announced prior to the closing of the merger.