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Dow Names William H. Weideman Chief Financial Officer

Article-Dow Names William H. Weideman Chief Financial Officer

Andrew N. Liveris, chairman and chief executive officer of The Dow Chemical Co., has announced the appointment of William H. Weideman as executive vice president and chief financial officer (CFO). The appointment, which was unanimously supported by the Dow Board of Directors, follows an exhaustive global external search as well as screening of internal candidates which clearly identified Weideman as the best candidate for the role.

Weideman has been serving as vice president and interim CFO since November 3, 2009. He will continue to report to Liveris.

“Since stepping into the role of interim CFO in late 2009, Bill has impressed stakeholders both inside and outside of Dow,” said Liveris. “In addition, Bill knows Dow's businesses extremely well, as well as having extensive experiences in Dow's downstream market facing businesses. We are fortunate to have someone with his depth of experience and first hand knowledge of Dow taking on this position."

Weideman holds a BS in Business Administration from Central Michigan University and has served in a variety of accounting and controller roles over his 30-year career with the company. He was named controller of Texas Operations in 1994, global business controller for specialty chemicals in 1996, global finance director for performance chemicals in 2000, finance vice president for chemicals and intermediates in 2004 and in 2006 was named group finance vice president for Dow's basic chemicals and plastics portfolio. He was appointed the company's corporate controller in May 2006.

Weideman currently serves on the Board of Directors for The Dow Chemical employees' credit union, Mid Michigan Medical Center, and Family and Children's Services of Midland, MI. He also serves on the Central Michigan University Accounting Advisory Committee and Central Michigan University Development Board.

He succeeds Geoffery E. Merszei in the role, who is currently president of Dow Europe, Middle East, and Africa, chairman of Dow Europe and executive vice president of The Dow Chemical Co.

In 2009, Dow had annual sales of $45 billion and employed approximately 52,000 people worldwide. The company's more than 5000 products are manufactured at 214 sites in 37 countries across the globe. For more information, visit www.dow.com.

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