Dow AgroSciences’ Galindez to Retire; Hassinger Named New President and CEO

INDIANAPOLIS - March 21, 2014 - After more than 31 years of service, Antonio Galindez, president and CEO of Dow AgroSciences (DAS), a wholly owned subsidiary of The Dow Chemical Company (NYSE:DOW) will retire from the Company, effective May 1. Tim Hassinger, global commercial leader for Dow AgroSciences and global leader of Dow AgroSciences' Crop Protection Global Business Unit, has been named as Galindez' successor.

Since joining Dow in 1983 as a field sales representative for agricultural products in Spain, Galindez has held a wide variety of leadership roles for both Dow and Dow AgroSciences. During his tenure, he served in a variety of marketing and business positions throughout Europe, Latin America and Asia Pacific. In 2006, he was named DAS vice president of the Crop Protection and Seeds business and has been serving as President and CEO since 2009.

"Over the last decade, Dow AgroSciences has become one of the fastest growing companies in the agricultural industry and has developed one of the richest innovation pipelines, with leading solutions in both crop protection and seeds, thanks in large part to Antonio's leadership," said Andrew N. Liveris, Dow chairman and CEO. "We thank him for his many years of service and have great confidence that Tim will build on to and accelerate business momentum going forward."

Hassinger joined Dow in 1984, working in various sales, marketing and supply chain roles before being named global business leader in the Insecticides Global Business Unit in 2001. After serving as the regional commercial unit leader for Greater China, Hassinger returned to Indianapolis and became global leader for Europe, Latin America and Pacific. He assumed his current Crop Protection Global Business Unit global leader responsibilities in 2009 and added global commercial leadership responsibilities last year.

As president and CEO, Hassinger will oversee the global Dow AgroSciences business and report to Bill Weideman, Dow executive vice president and chief financial officer. "Tim has proven leadership skills from his years of experience and expertise at Dow AgroSciences and within the broader global agriculture industry. He is positioned well to take the helm," said Weideman.

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