DOW · Dow Inc.

Dow's announcement of Karen S. Carter as incoming CEO effective July 1, 2026, marks a planned leadership transition, with long-tenured COO Carter succeeding Jim Fitterling, who shifts to Executive Chair to focus on strategy and governance. Carter's deep experience across operations, including leading the largest Packaging & Specialty Plastics segment, positions her to drive execution of Dow's global strategy. The Board's expansion and her director appointment ensure alignment at the top. Strong shareholder support at the April 9, 2026 Annual Meeting, with 82.61% quorum and overwhelming approval of all proposals—including the Stock Incentive Plan amendment increasing shares available to 185 million—signals confidence in governance. Director elections saw 93-97% approval, advisory say-on-pay passed decisively, and annual frequency for future votes was favored. Deloitte ratification at 94% underscores audit continuity. The 35-cent quarterly dividend declaration, the 459th consecutive, reinforces capital return commitment amid the leadership change.