Dow Announces Retirement of Bill Banholzer; A.N. Sreeram Named Corporate Vice President of Research & Development

  Dow Announces Retirement of Bill Banholzer; A.N. Sreeram Named Corporate
  Vice President of Research & Development

Business Wire

MIDLAND, Mich. -- July 30, 2013

Bill Banholzer, chief technology officer and executive vice president of The
Dow Chemical Company (NYSE: DOW) has elected to retire.

“Bill has restored Dow’s Research and Development organization to its strong
historic reputation and capabilities, and has taken our innovation performance
and pipeline to a new level of performance – bringing it among the best in the
world and well beyond our industry, which will have tremendously positive
business impact for many years to come,” said Andrew N. Liveris, Dow’s
chairman and chief executive officer. “Most importantly, Bill has revitalized
our research and development leadership and talent pool, ensuring we will
continue to have strong generational capabilities, and he has cultivated key
external relationships that will further enable our business success.”

Banholzer has a strong history of technical excellence and innovation,
spanning his more than 30 years of industrial experience. Under his leadership
the value of Dow’s innovation pipeline tripled from $10 billion to more than
$32 billion. His efforts to accelerate Dow’s technology development were
recognized by R&D Magazine, where Dow was ranked in the top ten for R&D in all
industries, and a recent Booz Allen study ranked Dow’s innovation portfolio
management as “Best in Class.”

A.N. Sreeram, vice president, Research & Development, Advanced Materials, has
been named corporate vice president of Research & Development, effective
August 1, 2013 reporting to Liveris. “Sreeram has a tremendous in-depth market
and customer orientation. Since the Rohm and Haas acquisition, he has made a
significantly positive impact on the Dow Advanced Materials portfolio,” said
Liveris. “He is an energizing and determined leader who is poised to take Dow
Research and Development to its strong market-driven and technology-enabled
future, which will continue to lead to Dow’s transformation and achievement of
our strategy.”

Sreeram joined Dow in June 2006 as the Vice President of Core R&D, where he
initiated innovation in the application of advanced materials to a number of
areas including automotive, infrastructure, and health.

He has extensive experience in the electronics, chemicals and materials
industry. Before joining Dow, Sreeram served as the global technology director
and chief technology officer for DuPont Electronic Technologies. Prior to
this, he served as Vice President of Worldwide Technology for Cookson
Electronics, New Jersey, and before that, led the Electronic and Flat Display
Program for Sarnoff Corporation in Princeton, New Jersey.

Sreeram holds an undergraduate degree in ceramics engineering from the Indian
Institute of Technology–BHU, Varanasi, India; a master’s degree in glass
science from Alfred University; and a doctorate from the Department of
Materials Science & Engineering at Massachusetts Institute of Technology. He
holds more than 20 U.S. issued patents, with others pending, and has
contributed to many publications.

About Dow

Dow (NYSE: DOW) combines the power of science and technology to passionately
innovate what is essential to human progress. The Company connects chemistry
and innovation with the principles of sustainability to help address many of
the world's most challenging problems such as the need for clean water,
renewable energy generation and conservation, and increasing agricultural
productivity. Dow's diversified industry-leading portfolio of specialty
chemical, advanced materials, agrosciences and plastics businesses delivers a
broad range of technology-based products and solutions to customers in
approximately 160countries and in high growth sectors such as electronics,
water, energy, coatings and agriculture. In 2012, Dow had annual sales of
approximately $57billion and employed approximately 54,000people worldwide.
The Company's more than 5,000 products are manufactured at 188sites in
36countries across the globe. References to "Dow" or the "Company" mean The
Dow Chemical Company and its consolidated subsidiaries unless otherwise
expressly noted. More information about Dow can be found at

^®Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of


For editorial information:
The Dow Chemical Company
Nancy Lamb
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