Industry News

Dow's Global Presence Redefined Around Five Major Regions

Published on 2006-02-08. Author : SpecialChem

Midland, MI -- The Dow Chemical Company has redefined its worldwide regional organization, creating a new geographic framework and appointing a senior leadership team to accelerate the implementation of Dow's strategic growth agenda across the globe.

Effective immediately, the Company's activities outside North America will be aligned to four major regions - Europe, Asia Pacific, Latin America and India/Middle East/Africa - each led by a newly appointed regional president. All of Dow's businesses and functions will adopt the new regional framework.

"As Dow pursues its vision to be the largest, most profitable and most respected chemical company in the world, we need to harness the full power of the Company's geographic experience and ensure that we appropriately identify, fairly prioritize and effectively pursue regional growth opportunities," said Andrew Liveris, Dow's president, chief executive office and chairman-elect.

"By strengthening the alignment between the various parts of Dow in different corners of world, we achieve two objectives: first, we ensure that local knowledge, local relationships, local talent and local presence are properly leveraged across every part of the Company; and second, we sharpen our focus on region-specific objectives, creating a greater sense of unity and helping to drive collective - rather than individual - businesss success," he added.

The four newly appointed regional presidents are:

  • Jim McIlvenny, Asia Pacific region. McIlvenny will also continue in his present role as president of Dow Greater China. He will remain in Shanghai, broadening his current responsibilities to embrace Dow's presence across the whole region, capitalizing on the many synergies that exist across the Asia Pacific while ensuring that the Company's focus on Greater China remains just as sharp as it has been these past few years.
  • Earl Shipp, India, Middle East and Africa region. Shipp is currently business vice president for Dow Oxides and Glycols. He will relocate to Dubai and will be responsible for increasing Dow's presence and strengthening key relationships in this critical advantaged feedstock geography. Shipp retains his existing business responsibilities.
  • Pedro E. Suarez, Latin America region. Suarez was previously commercial vice president for Plastics North America. He will relocate to Sao Paolo, Brazil, and will lead the geographic organization in creating the foundations that will enable Dow's businesses to expand their activities in this important growth region.
  • Markus Wildi, Europe region. Wildi, who was previously commercial vice president, Plastics Europe, will take a dual role as president of Dow Europe and general manager for Dow in Germany, the Company's second largest market worldwide. In addition to overseeing activities in Germany, Wildi will be responsible for bolstering Dow's presence and influence across the region, with a particular focus on supporting Dow's growth strategy for the emerging geographies in Eastern Europe. He will remain based in Horgen.

Given Dow's significant corporate presence within the United States, the decision was taken not to appoint a separate president for North America, but rather to subsume the roles and responsibilities of regional president within the Office of the Chief Executive.

Dow is a diversified chemical company that harnesses the power of science and technology to improve living daily. The Company offers a broad range of innovative products and services to customers in more than 175 countries, helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. Built on a commitment to its principles of sustainability, Dow has annual sales of $46 billion and employs 42,000 people worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

Source: Dow

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