MIDLAND,
Mich., Dec. 3, 2024 /PRNewswire/ --
Dow (NYSE: DOW) today announced that Karen S. Carter, currently president of Dow
Packaging & Specialty Plastics, has been appointed to the role
of Chief Operating Officer, effective immediately.
Carter will be responsible for driving business and operational
performance across the organization with a focus on strengthening
customer engagement and relationships, accelerating the
commercialization of Dow's innovation pipeline, and enhancing the
Company's reliability and service to customers. She will assume
strategic oversight of Dow's business operating segments –
Packaging & Specialty Plastics, Industrial Intermediates &
Infrastructure, and Performance Materials & Coatings. In
addition, Dow's Integrated Supply Chain, Purchasing, Information
Systems, and Commercial organizations will align to Carter. She
will continue to report to Dow Chair and Chief Executive Officer
Jim Fitterling and will join
the Company's Executive Committee. She will continue to be based in
Midland, Michigan.
"Karen is a proven leader with more than three decades of
experience at Dow delivering strong business results," said
Fitterling. "She has an excellent track record of operating
discipline, maintaining close relationships with key partners and
customers, and driving innovation across the organization. She has
successfully led our largest business and played critical
leadership roles in other essential business and functional teams
within Dow, always with a focus on developing and maintaining
high-performing teams. As COO, she will work closely with me and
our executive team to drive growth and value creation across our
operating segments, while continuing to provide innovative and
sustainable solutions for our customers."
Carter joined Dow in 1994 and has held a broad progression of
leadership positions in her more than 30-year career with Dow,
including business operations, sales and marketing, and human
resources. Her career features international experience and
extensive global business leadership positions within Building and
Construction, Polyethylene, Engineering Thermoplastics, Fabricated
Products and Information Technology Equipment, and Consumer
Electronics.
Most recently, Carter served as President of Dow's Packaging
& Specialty Plastics (P&SP) operating segment, one of the
world's largest suppliers of polyethylene resins and functional
polymers with more than $23 billion in annual sales. Under her
leadership, P&SP has expanded cost-efficient capacity through
asset upgrades, production expansions, and improved reliability. In
partnership with customers and brand owners, Carter has led the
development of innovative solutions that are helping to enable a
circular economy. This includes the launch of circular product
lines, such as REVOLOOP™ Recycled Plastic Resins and
INNATE™ Precision Packaging Resins, as well as the acquisition
of Circulus and strategic partnerships to scale circular feedstock
supply.
Immediately prior to leading P&SP, Carter served as Dow's
Chief Human Resources Officer and Chief Inclusion Officer, where
she successfully institutionalized a culture where all employees
can grow and thrive, thereby fully contributing to Dow's business
strategy and long-term value growth.
Carter is on the board of directors for Southwire, a leading
manufacturer of wire and cable used in the transmission and
distribution of electricity, delivering power to millions of people
around the world. She is also on the board of directors for the
Great Lakes Bay Region Boys and Girls Clubs of America. Carter
serves as the chair of the Business Leaders Committee on the
State of Michigan's Black
Leadership Advisory Council and is a member of the Executive
Leadership Council and chair of the Catalyst Board of Advisors.
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 31 countries and employ
approximately 35,900 people. Dow delivered sales of
approximately $45 billion in 2023. 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
X: https://twitter.com/DowNewsroom
Facebook: https://www.facebook.com/dow/
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("Dow") or an affiliated company of Dow
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SOURCE The Dow Chemical Company