Dow Chemical to Pay $1.75 Million for Failing to Report Ex-CEO's PerksDow Chemical to Pay $1.75 Million for Failing to Report Ex-CEO's Perks
July 9, 2018
The Dow Chemical Co. will pay $1.75 million to the Securities and Exchange Commission (SEC) for failing to disclose about $3 million in perks it provided to ex-CEO Andrew Liveris.
Now merged with DuPont, the Midland, MI-based company also agreed to hire a consultant to make sure it is complying with SEC rules related to executive perks, according to Reuters.
Liveris stepped down as CEO in April after the DuPont merger.
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