Dow Inc. (DOW), a chemical producer, on Tuesday announced that Chair and Chief Executive Officer Jim Fitterling will become Executive Chair of the Board, effective July 1.
The company appointed Karen Carter, currently Chief Operating Officer, as Chief Executive Officer, effective the same date.
Carter will also join the company's Board of Directors upon assuming the role.
Richard Davis will continue to serve as Independent Lead Director.
The leadership transition follows a multi-year succession planning process and is aimed at ensuring continuity as the company advances its long-term strategy.
In the pre-market trading, 0.89% lesser at $39.75 on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.