"Fitterling noted that Carter's appointment reflects a deliberate, multi‑year succession process, in partnership with our Board of Directors, designed to support consistent execution as we continue advancing Dow's strategy."
"During his eight-year tenure, Fitterling has transformed Dow from a commodity chemicals company to an innovative high-growth materials science company."
"Our direction is unchanged, he wrote in his post, noting that his plan going forward is to focus on long‑term strategy, governance, and key external relationships-supporting Karen and the leadership team to ensure continuity and strong execution."
"Many wonder if Iger's continuation as executive chair factored into Bob Chapek's short tenure and the challenges he faced."
Karen Carter will become CEO of Dow on July 1, with Jim Fitterling as executive chair. Fitterling's leadership transformed Dow into a high-growth materials science company. His tenure faced challenges like industry overcapacity and tariffs, but he emphasizes continuity in strategy with Carter's appointment. Fitterling's support for Carter is crucial for her success. The importance of allowing successors a clean slate is highlighted by Bob Iger's experience at Disney, suggesting that former CEOs should step back to enable new leadership.
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