Dow Board to Appoint CEO Fitterling to Serve as Chairman; Wyant to Join Board and Shaw to Retire
Jill Wyant will stand for election to Dow’s board, while Ruth G. Shaw will retire from the board accordance with the company’s director tenure requirements.
Dow recently announced that its board of directors plans to appoint CEO Jim Fitterling to be chairman following the company’s annual meeting of stockholders on April 9, 2020. Following the annual meeting, directors will select an independent lead director who has served for at least one year on the board.
“Jim has demonstrated exceptional leadership of Dow, successfully guiding the company through its separation from DowDuPont Inc. and strengthening its competitive position among industry peers,” said Jeff Fettig, non-executive chairman of Dow’s board of directors. “The board is confident that this appointment will enable Jim to continue to accelerate the meaningful changes he has already initiated for Dow to achieve its ambition as a world-leading materials science company.”