DuPont, Dow Chemical Select Executives for Key Roles After Planned Merger
May 23 2016 - 6:40PM
Dow Jones News
By Tess Stynes
DuPont and Dow Chemical Co. provided more details about plans
for the leadership team following the planned merger of the
chemical giants, including leadership for the three businesses that
eventually would be split off.
Last month, Dow Chairman and Chief Executive Andrew Liveris had
cautioned that the chiefs of the three divisions of the merged
company, which would be called DowDuPont, wouldn't automatically
become CEOs of the three planned public entities.
The moves include the appointment of Dow Chief Financial Officer
Howard Ungerleider as DowDuPont's finance chief.
Dow Chief Operating Officer Jim Fitterling was named as
operating chief of the merged company's materials business.
James C. Collins Jr., who currently leads DuPont's agriculture
business, was selected as operating chief of the combined company's
agriculture division.
Marc Doyle was named as chief operating officer of DowDuPont's
specialty products business. He currently leads DuPont's
Electronics & Communications, Industrial Biosciences, Nutrition
& Health, Performance Materials, and Safety and Protection
businesses.
The appointments would go into effect after the deal closes,
which is expected in the second half of this year.
The companies previously had disclosed Mr. Liveris will be
executive chairman of the merged enterprise, while DuPont Chairman
and CEO Edward D. Breen will be CEO.
Write to Tess Stynes at tess.stynes@wsj.com
(END) Dow Jones Newswires
May 23, 2016 18:25 ET (22:25 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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