Dow Announces Changes in Key Executive Leadership Roles

July 14, 2017

MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company (NYSE: DOW) announced several changes in key executive leadership roles today. Pedro Suarez, currently Dow’s North American geographical president, has been named chief commercial officer and will take over these responsibilities from Joe Harlan, who has elected to retire from the Company at the close of the Dow DuPont merger. R. Matt Davis, Dow’s corporate vice president of Public and Government Affairs, will add North America geographical president to his existing responsibilities and has been named a senior vice president.

Suarez has served Dow in a variety of commercial, marketing and leadership roles throughout the globe since joining the company in 1979. He will remain located in Chicago and report to Jim Fitterling, president and chief operating officer.

“Pedro is a uniquely qualified leader in our company whose deep experience in the geographies, businesses and across a broad array of markets makes him an ideal candidate for this role,” said Fitterling. “His diverse leadership approach makes him poised to lead our global commercial function to the next level, and help deliver our growth agenda.”

Davis has served in a variety of communications, public and government affairs leadership roles since joining Dow in 1987. He will remain based in Midland and report to Fitterling for his North America Geographic responsibilities, and continue to be aligned to Andrew Liveris, Dow’s chairman and CEO, for his Public and Government Affairs role.

“Matt has a proven track record in building strategic partnerships with stakeholders and applying his expertise and capabilities to drive a positive impact around the world,” said Fitterling. “He is well positioned to continue to build Dow’s North America growth agenda and reputation.”

Harlan joined Dow in 2011 after more than three decades of leading key business and commercial activities at other Fortune 500 companies. Harlan is a member of Dow’s Executive Leadership Council, and his deep insights have been critical in Dow’s transformation to a market-driven enterprise.

“I certainly never anticipated such an exciting time for Dow when I first joined the Company 6 years ago,” said Harlan. “I believe that we have successfully transformed Dow’s Commercial organization to a point where after 36 years of corporate life, it is an ideal time for me to start my retirement journey and the next exciting stages of my life.”

“On behalf of myself, the board of directors, and all of Joe’s colleagues, we respect his decision, and will miss his contributions. We all wish him the best of luck in his future endeavors,” said Liveris.

About Dow

Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company is driving innovations that extract value from material, polymer, chemical and biological science to help address many of the world's most challenging problems, such as the need for fresh food, safer and more sustainable transportation, clean water, energy efficiency, more durable infrastructure, and increasing agricultural productivity. Dow's integrated, market-driven portfolio delivers a broad range of technology-based products and solutions to customers in 175 countries and in high-growth sectors such as packaging, infrastructure, transportation, consumer care, electronics, and agriculture. In 2016, Dow had annual sales of $48 billion and employed approximately 56,000 people worldwide. The Company's more than 7,000 product families are manufactured at 189 sites in 34 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.

^®TMTrademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow

Contacts
Dow Public Affairs
Jarrod Erpelding
989.633.1863
[email protected]
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Pedro Suarez Named Chief Commercial Officer; R. Matt Davis Adds North
American Geographical President Role; Joe Harlan Retires

MIDLAND, Mich.–(BUSINESS WIRE)–The Dow Chemical Company (NYSE: DOW) announced several changes in key
executive leadership roles today. Pedro Suarez, currently Dow’s North
American geographical president, has been named chief commercial officer
and will take over these responsibilities from Joe
Harlan, who has elected to retire from the Company at the close of
the Dow DuPont merger. R.
Matt Davis, Dow’s corporate vice president of Public and Government
Affairs, will add North America geographical president to his existing
responsibilities and has been named a senior vice president.

Suarez has served Dow in a variety of commercial, marketing and
leadership roles throughout the globe since joining the company in 1979.
He will remain located in Chicago and report to Jim Fitterling,
president and chief operating officer.

“Pedro is a uniquely qualified leader in our company whose deep
experience in the geographies, businesses and across a broad array of
markets makes him an ideal candidate for this role,” said Fitterling.
“His diverse leadership approach makes him poised to lead our global
commercial function to the next level, and help deliver our growth
agenda.”

Davis has served in a variety of communications, public and government
affairs leadership roles since joining Dow in 1987. He will remain based
in Midland and report to Fitterling for his North America Geographic
responsibilities, and continue to be aligned to Andrew
Liveris, Dow’s chairman and CEO, for his Public and Government
Affairs role.

“Matt has a proven track record in building strategic partnerships with
stakeholders and applying his expertise and capabilities to drive a
positive impact around the world,” said Fitterling. “He is well
positioned to continue to build Dow’s North America growth agenda and
reputation.”

Harlan joined Dow in 2011 after more than three decades of leading key
business and commercial activities at other Fortune 500
companies. Harlan is a member of Dow’s Executive Leadership Council, and
his deep insights have been critical in Dow’s transformation to a
market-driven enterprise.

“I certainly never anticipated such an exciting time for Dow when I
first joined the Company 6 years ago,” said Harlan. “I believe that we
have successfully transformed Dow’s Commercial organization to a point
where after 36 years of corporate life, it is an ideal time for me to
start my retirement journey and the next exciting stages of my life.”

“On behalf of myself, the board of directors, and all of Joe’s
colleagues, we respect his decision, and will miss his contributions. We
all wish him the best of luck in his future endeavors,” said Liveris.

About Dow

Dow (NYSE: DOW) combines the power of science and technology to
passionately innovate what is essential to human progress. The Company
is driving innovations that extract value from material, polymer,
chemical and biological science to help address many of the world’s most
challenging problems, such as the need for fresh food, safer and more
sustainable transportation, clean water, energy efficiency, more durable
infrastructure, and increasing agricultural productivity. Dow’s
integrated, market-driven portfolio delivers a broad range of
technology-based products and solutions to customers in 175 countries
and in high-growth sectors such as packaging, infrastructure,
transportation, consumer care, electronics, and agriculture. In 2016,
Dow had annual sales of $48 billion and employed approximately 56,000
people worldwide. The Company’s more than 7,000 product families are
manufactured at 189 sites in 34 countries across the globe. References
to “Dow” or the “Company” mean The Dow Chemical Company and its
consolidated subsidiaries unless otherwise expressly noted. More
information about Dow can be found at www.dow.com.