Jim Fitterling Transitions to Executive Chair as Karen S. Carter Named New CEO of Dow

Major Leadership Transition at Dow

On April 14, 2026, Dow Inc. (NYSE: DOW) made a significant announcement regarding its leadership structure, signaling a pivotal moment for the materials science company. Jim Fitterling, who has served as the Chair and Chief Executive Officer, will transition to the role of Executive Chair of the Board effective July 1, 2026. In a move that underscores continuity and strategic alignment, Karen S. Carter, the current Chief Operating Officer, has been appointed as the new Chief Executive Officer, effective the same day.

The decision comes after an extensive succession planning process, which aims to ensure a smooth transition as Dow continues to implement its strategy aimed at maintaining its position as an industry leader. Richard Davis will remain as the Independent Lead Director of the Board, further solidifying the governance structure during this transitional phase.

A Reflection on Fitterling's Leadership

Jim Fitterling's tenure as CEO has been characterized by proactive transformation and a clear focus on long-term strategies. During his time in charge, he has successfully guided the company through considerable changes, including the spin-off from DowDuPont and navigating through complex macroeconomic and geopolitical challenges. His leadership style emphasizes safety, inclusivity, and performance.

Fitterling expressed his appreciation for his journey at Dow, stating, “Serving as CEO of Dow has been the privilege of a lifetime.” He praised the company’s employees, noting their essential role in strengthening the company’s strategic outlook and capabilities. As he steps into his role as Executive Chair, Fitterling will continue to oversee long-term strategies and key external relations, ensuring that Dow remains focused on its growth objectives.

Introducing Karen S. Carter

Karen S. Carter, with more than 30 years of experience at Dow, is poised to take the reins as CEO. Previously, as Chief Operating Officer, she was integral in overseeing the company's operational performance and customer engagement initiatives. Her appointment marks a significant step in Dow's quest to enhance its competitive edge in high-growth markets.

Having served as President of Dow's Packaging & Specialty Plastics segment, Carter led initiatives aimed at driving value and embracing sustainability—a reflection of Dow's strategic commitment to innovation. Her comprehensive background across various leadership roles equips her with a holistic understanding of Dow's operations and market dynamics.

Carter commented on her new role, saying, “I am deeply honored to assume the role of CEO and lead Dow into our next chapter. Our focus remains unwavering in delivering reliable and innovative solutions for our customers, and long-term value for our employees and shareholders.” She also emphasized the importance of collaboration with Fitterling to uphold Dow’s mission and objectives.

The Road Ahead for Dow

As a leading materials science company, Dow continues to push the envelope in segments like packaging, infrastructure, mobility, and consumer applications. With a global workforce of around 34,600 employees and 29 manufacturing sites, Dow generated sales of approximately $40 billion in 2025. The company remains committed to leveraging its resources and expertise to achieve sustainable growth.

The leadership transition represents an opportunity for Dow to leverage its strengths while adapting to evolving market demands. With Fitterling’s guidance as Executive Chair and Carter’s fresh perspectives as CEO, Dow is well-positioned for the future, ready to continue delivering innovative solutions that meet the needs of its customers and stakeholders alike.

For more information on Dow’s transformations and initiatives, you can visit their official website at www.dow.com.