DowDuPont Executive Chairman to step down April 1

Mae Love
March 12, 2018

US chemicals producer DowDuPont Inc's DWDP.N executive chairman Andrew Liveris will step down on April 1 and its co-lead director Jeff Fettig will assume Liveris's role at the company, the Wall Street Journal reported on Monday.

According to the Wall Street Journal, DowDuPont's Executive Chairman, Andrew Liveris, will step down on April 1st.

The company's Co-Lead Director, Jeff Fettig, is expected to take over for Liveris. Dow merged with DuPont Co. of Wilmington, Del., in 2017, creating DowDuPont.

Liveris headed Dow Chemical for 14 years, and oversaw last year's merger with DuPont.

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Midland-based Dow Chemical Co. and Wilmington, Del. -based DuPont Co., the two largest US chemical makers, have received all the regulatory approvals needed to close their historic merger.

Liveris, who led Dow prior to the merger with DuPont, will transition into retirement as the company completes its plan to separate into three publicly traded entities, handling materials science, specialty products and agriculture. The tie-up between the two had been a Liveris goal for nearly a decade at that point.

The native of Australia headed the administration's Manufacturing Council until it was disbanded past year, with a number of executives attempting to distance themselves from President Donald Trump following his response to a white supremacist rally in Charlottesville.

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