Sector News

Dow announces leadership changes ahead of DuPont merger

September 1, 2017
Chemical Value Chain

Poised to merge with Delaware-based chemical giant DuPont Thursday, Aug. 31, The Dow Chemical Co. has announced new leadership changes.

Effective Saturday, Sept. 30, about a month after the merger, Reiner Roghmann, Dow’s vice president of operations for Europe, Middle East, Africa and India and site operations director of Dow Central Germany, will be vice president of operations for North America, North, and vice president of operations for Michigan Operations. He will take over responsibilities from Rich Wells, who has been named Dow’s vice president of operations for the U.S. Gulf Coast and vice president of operation for Texas Operations, according to a Dow news release.

The result will be a new combined company with a market capitalization of approximately $130 billion called DowDuPont.

“These leaders have a proven track record of getting results without forgetting the team effort and the people it takes to achieve them,” Peter Holicki, Dow’s senior vice president of operations, said in a statement.

“This mindset is exactly what we need to take full advantage of the huge opportunities that Dow’s Michigan and Texas Operations have in front of them.”

The Dow Chemical Co. has a new corporate center in Midland and soon will build a $100 million research and development facility at the heritage Dow Corning site. Here’s what you need to know about Dow’s ongoing investment in Midland and the Great Lakes Bay Region.

Both Rohmann and Wells have served in a variety of roles since joining Dow in 1991 and 1982, respectively.

Roghmann has a master’s degree in chemical engineering from the University of Dortmund, Germany. Wells has a bachelor’s of science degree in chemical engineering from the South Dakota School of Mines and Technology.

The $130 billion Dow-DuPont mega merger is expected to close Thursday, officials announced earlier in the month.

By Heather Jordan

Source: MLive

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