Third Point's Loeb Said to Seek Removal of Dow Chemical CEO

Updated on
  • Activist investor said to question timing of DuPont merger
  • Loeb said to send letter to Dow board outlining concerns

Dan Loeb, the founder of hedge fund Third Point, is calling for the removal of Dow Chemical Co. Chief Executive Officer Andrew Liveris, days after the company agreed to combine with DuPont Co. in the largest-ever chemicals merger, according to a person familiar with the matter.

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