Dow Corning CEO retire following Dow Chemical takeover

Dow Corning CEO to retire following Dow Chemical takeover

10:22 AM, 17th May 2016
Dow Corning CEO to retire following Dow Chemical takeover
Robert (Bob) Hansen, chairman, CEO and president of Dow Corning Corp. (File photo)

MIDLAND, US: Dow Chemical Company and Dow Corning Corporation said that Robert (Bob) Hansen, chairman, chief executive officer and president, will retire from Dow Corning upon the completion of Dow’s ownership restructure transaction with Corning Inc, which is expected to close in the second quarter.

Hansen, who has completed 34 years of service with Dow Corning, will stay to ensure a smooth ownership transition for Corning’s silicones business.

“Bob’s leadership and strategic direction has positioned Dow Corning well for this next phase of growth and success,” said Andrew Liveris, Dow’s chairman and CEO.

Dow has named Howard Ungerleider, vice chairman and chief financial officer of Dow as chairman of Dow Corning. Also Mauro Gregorio, currently vice president leading the Dow Corning integration, is named as Dow Corning CEO.

Most recently, Gregorio led Dow’s elastomers and electrical and telecommunications portfolio along with the energy and feedstocks business.

“Howard and Mauro have been leading our integration efforts and they have developed an intimate understanding of Dow Corning’s silicones business. I am confident we have the right leadership in place to unlock the tremendous growth potential of this transaction,” said Liveris.

© Worldofchemicals News



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