Dow Inc. ·DOW

Incoming CEO is a long‑tenured internal COO successor

Chemicals · Fortune #103 · Functional structure · 36K employees · Midland, MI

View as of:
5
CEO span
↓ tighter than peers (avg 9)
5
Avg span
wide
2
Max depth
2 levels
2.8 yr
Avg tenure
stable vs FY2024
80%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$40.0B
Net income
$4.6B
Total assets
$58.5B
Shares out
718M

Sourced from Dow Inc. DEF 14A · filed 2026-02-27 ↗ View on SEC

Interactive org chart

Dow Inc. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Dow’s structure is defined by an internal CEO succession: long‑tenured COO Karen Carter will step up to CEO. This page maps Dow’s functional executive team, summarizes leadership tenure and recent transitions, and compares its lean C‑suite to major chemical peers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal A. N. Sreeram departed as Chief Technology Officer

Retirement effective June 30, 2026.

Source · See change log

Scenario views in the chart

  • Add Chief AI Officer Create a dedicated AI leader to centralize digital and advanced analytics efforts across R&D and operations.
  • Complete CTO Retirement Remove the retiring SVP R&D/CTO role once the transition to the new technology leader is complete.

Atlas work this supports

  • Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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  • Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.

The people

Who's running this

6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Jim Fitterling

Chair and Chief Executive Officer

Executive

7 yr

5 reports

internal

Karen S. Carter

Chief Operating Officer

Operations

1 yr

0 reports

Jeffrey L. Tate

Chief Financial Officer

Finance

2 yr

0 reports

Amy E. Wilson

Senior Vice President, General Counsel and Corporate Secretary

Legal

4 yr

0 reports

internal

Andre Argenton

Chief Technology and Sustainability Officer

Technology

0 yr

0 reports

internal

A. N. Sreeram

Senior Vice President, Research & Development and Chief Technology Officer

R&D

6 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.

Jim Fitterling $19.1M
Base salary
$1.70M
Stock awards
$11.91M
Option awards
$2.97M
Non-equity incentive
$534K
Pension change
$1.43M
Other
$538K
Fiscal year
FY2025

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

Stock ownership requirements
CEO base salary
NEO base salary

Stock ownership guidelines disclosed in 2026 proxy.

HolderShares% of class
Jim Fitterling 2.08M<1%

The businesses

How Dow Inc. divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Operations

20K employees

Chief Operating Officer (Karen S. Carter)

Global manufacturing, supply chain and operating segment oversight.

Finance

2K employees

Chief Financial Officer (Jeffrey L. Tate)

Enterprise finance, treasury, tax and investor relations.

Technology & Sustainability

4K employees

Chief Technology and Sustainability Officer (Andre Argenton)

Global R&D, innovation pipeline and sustainability programs.

The thesis

Why this org is unusual

Incoming CEO Karen S.

Carter is an internal successor promoted directly from the COO role, a classic Dow pattern. The chart shows a tightly functional structure with finance, legal, technology and operations all reporting directly to the CEO, and no divisional CEOs. The temporary overlap between the retiring CTO and the newly created Chief Technology and Sustainability Officer role underscores Dow’s emphasis on continuity in core R&D and sustainability leadership during the CEO transition.
  • CEO transition from long‑time internal COO
  • No divisional CEOs

The comparison

How Dow Inc. stacks up

Compared with peers like BASF and LyondellBasell, Dow maintains a relatively lean C‑suite and a strongly functional model. Many European chemical peers run more explicit divisional P&Ls, while Dow concentrates operational authority at the enterprise level. The planned CEO handoff mirrors peers that favor internal …

C-suite size

Dow Inc.
6
BASF
10
LyondellBasell
9

Reporting depth

Dow Inc.
2 levels
BASF
4 levels
LyondellBasell
4 levels
4 levels

Avg C-suite tenure

Dow Inc.
3 yr
BASF
5 yr
LyondellBasell
4 yr
3 yr

Has COO / Has CAIO

Dow Inc. ✓ COO — no CAIO
BASF — no COO — no CAIO
LyondellBasell ✓ COO — no CAIO
DuPont — no COO — no CAIO
Eastman Chemical — no COO — no CAIO

Current signals

What changed recently

Dow announced an internal CEO succession, elevating COO Karen Carter to CEO effective July 2026.

  • departed
    A. N. Sreeram Chief Technology Officer

    Retirement effective June 30, 2026.

    Source
  • new
    Karen S. Carter Chief Executive Officer (effective July 1, 2026)

    Appointed April 9, 2026; assumes CEO role July 1, 2026.

    Source
  • new
    Andre Argenton Chief Technology and Sustainability Officer

    Appointed effective January 1, 2026.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-02-27
CEO
Jim Fitterling
CEO span
5
C-suite
5
Avg tenure
3.4 yr

Stable internally promoted team prior to announced CEO succession.

Named executive officers (5)
  • Jim Fitterling - Chair and CEO since 2019
  • Jeffrey L. Tate - CFO since 2023
  • Karen S. Carter - COO since 2024
  • A. N. Sreeram - CTO since 2019
  • Amy E. Wilson - General Counsel since 2021
FY2024
DEF 14A filed 2025-02-28
CEO
Jim Fitterling
CEO span
5
C-suite
5
Avg tenure
3.1 yr

No major structural change.

Named executive officers (1)
  • Jim Fitterling - Chair and CEO since 2019
FY2023
DEF 14A filed 2024-02-29
CEO
Jim Fitterling
CEO span
5
C-suite
5
Avg tenure
2.9 yr

Pre‑transition baseline.

Named executive officers (1)
  • Jim Fitterling - Chair and CEO since 2019

Year-over-year changes

FY2024 → FY2025

COO promotion set up internal CEO succession with minimal structural disruption.

  • CEO span: 5 → 5
  • C-suite size: 5 → 5
  • Avg tenure: 3.1 → 3.4 yr
  • promoted Karen S. Carter - Chief Operating Officer (was President, Packaging & Specialty Plastics) (DEF 14A 2026-02-27)

The board

Board of directors

2 directors. 1 of 2 independent (50%). Source: most recent DEF 14A.

Jim Fitterling

Chair Inside

Chair and CEO, Dow Inc.

Director since 2019

Richard K. Davis

Lead Indep. Independent

Former CEO, U.S. Bancorp

Director since 2019

The board, organized

Board committees

1 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.

Audit Committee

100% independent

    Frequently Asked Questions

    Who is the CEO of Dow?

    Jim Fitterling is CEO as of 2026-Q2; Karen S. Carter will assume the role on July 1, 2026.

    What type of organizational structure does Dow use?

    Dow operates a primarily functional structure with major functions reporting directly to the CEO.

    How many direct reports does Dow's CEO have?

    Dow’s CEO has five direct C‑suite reports in the current structure.

    How has Dow's leadership changed recently?

    Dow announced an internal CEO transition and appointed a new Chief Technology and Sustainability Officer in 2026.

    Is Dow known for internal promotions?

    Yes. The incoming CEO and several C‑suite leaders are long‑tenured Dow executives promoted internally.

    Sources

    • 8-K Filing, Jan 2026
    • 8-K Filing, Apr 2026
    • SEC EDGAR: Dow Inc. DEF 14A Proxy Statement
    • SEC EDGAR: Dow Inc. 10-K Annual Report

    Reference

    Cite this page

    If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

    APA 7th
    Creately. (2026). Dow Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/dow/
    MLA 9th
    "Dow Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/dow/. Accessed .
    Chicago 17
    Creately. "Dow Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/dow/.
    Original SEC source View on SEC ↗
    Dow Inc.. DEF 14A. Filed 2026-02-27. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1751788/000119312526082583/dow-20260227.htm

    Permanent URL: https://creately.com/org-chart/fortune-500/dow/ · last updated 2026-04-01

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