"Carter has spent more than three decades at Dow. As COO, she has helped steer the company through a period of pressure on earnings, a broader push to simplify operations, and a restructuring aimed at delivering a $2 billion annual earnings lift."
"When Carter takes over, she will join a small group of women running Fortune 500 companies and an even smaller group of Black women leading them. As of the June 2025 Fortune 500, 55 women held CEO roles, a record high, and only two were Black women."
Karen Carter will succeed Jim Fitterling as CEO of Dow on July 1, 2026, following a multi-year succession process. This leadership change occurs during a challenging time for the chemical industry, marked by weak demand and investor scrutiny. Carter, with over three decades at Dow, has extensive operational experience and has previously led significant segments of the company. Her background includes roles in human resources and inclusion, which will be vital as Dow navigates its corporate culture and operational challenges.
#leadership-change #chemical-industry #diversity-in-leadership #corporate-governance #succession-planning
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