The Dow Chemical Company has announced a new corporate and business leadership structure. The senior level realignment includes the formation of a five-person executive leadership committee comprising Geoffery Merszei, executive vice president and chief financial officer; Romeo Kreinberg, executive vice president, Performance Businesses; Heinz Haller, senior vice president, Strategic Development and New Ventures; Mike Gambrell, executive vice president, Basics Businesses; and Andrew Liveris, chairman and CEO.  

Mr Liveris has also redefined the company’s global business portfolio, structuring it around eight distinct groups—six of which are new, while two are already in place. Presidents for the groups will be Jim Fitterling for Basic Plastics; Earl Shipp for Basic Chemicals; Pat Dawson for Polyurethanes; Peter Davies for Designed Polymers & Latex; Patrick Ho for Epoxy & Intermediates/Specialty Chemicals; George Biltz for Specialty Plastics; Jerome Peribere for Dow Agrosciences; and Juan Luciano for  Hydrocarbons & Energy.

The company employs 43,000 employees and has annual sales of $49 billion.