Significant Leadership Changes at Dow: New Appointments and Retirements

Dow's New Leadership Initiatives

Dow (NYSE: DOW), a prominent player in materials science, recently disclosed key changes in its leadership team, aiming to drive growth and sustainability across its operations. This restructuring comes after the appointment of Karen S. Carter as Chief Operating Officer, a move that sets the stage for a fresh strategic direction.

Appointment of Keith Cleason

Keith Cleason has been appointed as the new president of Dow's Packaging and Specialty Plastics (PSP) operating segment, stepping into the role previously held by Carter. In this vital position, Cleason is tasked with overseeing the ongoing performance of the PSP business. His new responsibilities include executive oversight for operations in Latin America, ensuring that PSP aligns its growth with Dow's sustainability objectives.

Having joined Dow in 2001, Cleason brings extensive industry experience to his new role. Prior to this appointment, he served as the vice president for Olefins, Aromatics & Alternatives and was instrumental in leading various significant projects within Dow. His broad experience not only positions him as a leader who understands Dow's core businesses but also equips him to push forward the company's strategic sustainability initiatives.

Retirement of Jane Palmieri

In a related announcement, Jane Palmieri has declared her upcoming retirement from Dow effective March 31, 2025. With a remarkable 30-year career at Dow, Palmieri has left a lasting impression on the company through her leadership of the Industrial Intermediates & Infrastructure (III) segment, which boasts annual sales exceeding $16 billion. Her tenure has been marked by a commitment to innovation and advancements in Dow's various business operations, particularly within the Asia Pacific and Latin America markets.

Dow Chair and CEO Jim Fitterling recognized Palmieri's substantial contributions, noting, "Jane's visionary leadership has been critical to our business success. Her ability to innovate and foster growth in alignment with customer needs has shaped the company significantly."

Marco ten Bruggencate Takes the Helm

Following Palmieri's retirement, Dow has announced Marco ten Bruggencate as the new president of the Industrial Intermediates & Infrastructure segment. Ten Bruggencate, who has been with Dow since 2000, has held multiple roles across the organization, including commercial vice president for Packaging & Specialty Plastics in the EMEAI region. His promotion marks another step for Dow in ensuring continuity and excellence within its leadership ranks.

Carter commended ten Bruggencate's capabilities, stating, "Marco has the knowledge, expertise, and ability to inspire teams towards excellence. His understanding of the industry and commitment to innovation will be vital as we pursue our growth strategy."

Looking Ahead

These leadership changes are designed to reinforce Dow's commitment to its customers and environmental sustainability. In light of growing global demands for sustainable practices, Dow acknowledges that effective leadership is essential for navigating challenges and maintaining its competitive edge in the market.

As Dow continues to evolve, these strategic appointments signal the company's ambition to drive innovation, enhance business performance, and foster sustainable solutions for the future. With key figures like Cleason and ten Bruggencate at the helm, Dow demonstrates its dedication to advancing its objectives and supporting its wide-ranging business interests across the globe.

For more information about Dow and its continued mission to lead in materials science, visit Dow's official website.