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Dow Names Leadership of Rohm and Haas Division
2:20 PM MST | November 13, 2008
Dow Chemical says it will structure Rohm and Haas Advanced Materials into six business groups following the close of Dow’s $18.8 billion acquisition of R&H in early 2009. The new division will be comprised almost equally of businesses and key leaders from each company, Dow says. Pierre Brondeau, currently president and COO of R&H, will be head of the entire division. Each business group will be designed to “leverage complementary market positions” of the two companies, Dow says. Luis Fernandez of R&H will lead coatings; Torsten Kraef...
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