MIDLAND, Mich.,
Feb. 19,
2025 /PRNewswire/ -- Dow (NYSE: DOW) today
announced its Board of Directors has nominated Rebecca Liebert, president and chief executive
officer of The Lubrizol Corporation, a Berkshire Hathaway company,
to stand for election at the Company's Annual Meeting of
Stockholders on April 10, 2025. All other incumbent
directors have also been nominated for election at the Annual
Meeting.
With more than two decades of experience leading global
organizations in the chemicals sector, Ms. Liebert brings deep
industry expertise and a proven track record of driving large-scale
operational excellence. As president and chief executive officer at
Lubrizol and across previous positions as executive vice president
at PPG Industries and president and CEO of Honeywell UOP,
Ms. Liebert has successfully spearheaded initiatives to
advance sustainable, science-based innovations to service
customers. She is a strong industry advocate, serving on the Board
of the American Chemistry Council, and as an elected member of the
National Academy of Engineering.
"Rebecca is a highly regarded industry leader with hands-on
experience driving growth and value creation in today's dynamic
global business environment," said Jim
Fitterling, Dow chair and CEO. "Her strong knowledge of the
sector and unique blend of technical and operational acumen make
her a valuable addition to Dow's talented Board of Directors."
Ms. Liebert's nomination to Dow's Board of Directors aligns with
the Company's focus on Board succession planning and refreshment,
particularly by incorporating the key perspective of experienced
public company senior executives and active CEOs within the
materials science industry. If elected to Dow's Board, she will
strengthen the Board's mix of skills and perspectives and help
ensure Dow is well-positioned to compete, innovate and deliver for
all its stakeholders.
Dow's Board regularly evaluates its composition of directors to
ensure a balanced mix of qualifications, expertise, and viewpoints
to best oversee the long-term strategy of the Company. The Board is
also comprised of a strong balance of newer and longer serving
directors, with an average board tenure of seven years.
The Board will announce updates to committee
assignments following the Annual Meeting.
Dow's corporate governance guidelines and a complete list of
Dow's Board, committee assignments and other corporate governance
information can be found on the Corporate
Governance website.
About Dow
Dow (NYSE: DOW) is one of the world's
leading materials science companies, serving customers in
high-growth markets such as packaging, infrastructure, mobility and
consumer applications. Our global breadth, asset integration and
scale, focused innovation, leading business positions and
commitment to sustainability enable us to achieve profitable growth
and help deliver a sustainable future. We operate manufacturing
sites in 30 countries and employ approximately 36,000 people. Dow
delivered sales of approximately $43
billion in 2024. References to Dow or the Company mean Dow
Inc. and its subsidiaries. Learn more about us and our ambition to
be the most innovative, customer-centric, inclusive and sustainable
materials science company in the world by visiting www.dow.com.
For further information, please contact:
Rachelle Schikorra
ryschikorra@dow.com
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SOURCE The Dow Chemical Company