DuPont and The Dow Chemical Company have announced senior leadership appointments for DowDuPont Inc (DowDuPont), following the consummation of the proposed merger of equals. The appointments will be effective upon completion of the proposed merger transaction, which is expected to close in the second half of 2016, subject to satisfaction of customary closing conditions, including receipt of stockholder and regulatory approvals.
As previously disclosed, Andrew N Liveris, chairman and chief executive officer of Dow, will become executive chairman of DowDuPont. Edward D Breen, chair and chief executive officer of DuPont, will become chief executive officer of DowDuPont. Senior leadership team appointments announced include:
´Each of these executives has a proven track record of executing against a strategic agenda and maximizing stockholder value creation,´ said Liveris, chairman and chief executive officer of Dow. ´By combining the immense talent from both organisations, DowDuPont´s three business divisions will each have a strong and focused leader at the helm driving a clear strategy designed to deliver superior solutions and choices for customers.