SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date of Report (Date of earliest event reported): February 11, 2000
THE DOW CHEMICAL COMPANY
(Exact name of registrant as specified in its charter)
Delaware 1-3433 38-1285128
(State of other (Commission (IRS Employer
jurisdiction File Number) Identification
of incorporation) No.)
2030 Dow Center, Midland, Michigan 48674
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (517) 636-1000
Not applicable
(Former name or former address, if changed since last report.)
Item 5. Other Events
The Dow Chemical Company issued a press release on February 11,
2000, the text of which is as follows:
FOR MORE INFORMATION
Anne Ainsworth
The Dow Chemical Company
517-636-3920
STAVROPOULOS NAMED CHAIRMAN OF DOW;
PARKER NAMED PRESIDENT AND CEO;
REINHARD NAMED TO NEW EXECUTIVE LEADERSHIP POSITION
(Midland, Mich., February 11, 2000) - At its February meeting
yesterday, the Board of Directors of The Dow Chemical Company
elected William S. Stavropoulos, currently president and CEO,
chairman of the Board. He will replace Frank P. Popoff on November
1, 2000, when he retires, having reached age 65. Stavropoulos was
also elected chairman of the Executive Committee of the Board. In
keeping with established company practice, Stavropoulos announced
his intention to begin deceleration on November 1, 2000. At that
time, he will have both reached the age of 60 and served as CEO for
the past five years.
At the same meeting, the Board elected Michael D. Parker, executive
vice president, to the position of president and CEO. He will
assume his new responsibilities on November 1, 2000.
J. Pedro Reinhard, executive vice president and Chief Financial
Officer, will assume additional executive leadership responsibility
for Dow AgroSciences LLC and Corporate Strategic Planning and
Initiatives. This change is also effective November 1, 2000.
In a related move, and consistent with succession planning
practices, Anthony J. Carbone, executive vice president, will begin
deceleration effective November 1, 2000. Concurrently, the Board
announced Carbone's election as vice chairman, effective
immediately.
In addition to these actions, the Board approved the management plan
for future reorganization of the business structure of the company.
The new structure and management assignments will be announced at a
later date. The current Management Executive Committee, comprised
of Stavropoulos, Carbone, Parker and Reinhard, will oversee this
reorganization in addition to ensuring the effective integration of
Union Carbide into Dow, pending government approval, and provide
continuity and oversight for financial performance and
implementation of current initiatives.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
THE DOW CHEMICAL COMPANY
Registrant
/s/G. Michael Lynch
Vice President and
Controller
Date: February 11, 2000
