REG-Dow Chemical Co Ajay Banga Elected to Dow Board of Directors

Tue Feb 19, 2013 8:30am EST

* Reuters is not responsible for the content in this press release.

MIDLAND, Mich.--(Business Wire)--

The Dow Chemical Company (NYSE: DOW) today announced that Ajay Banga, president
and chief executive officer of MasterCard, has been elected to Dow`s Board of
Directors, effective immediately. 

Prior to joining MasterCard in 2009, Banga was chief executive officer of
Citigroup Asia Pacific. During his tenure at Citigroup, he held a variety of
senior management roles in the United States, as well as Asia Pacific, Europe,
and Middle East and Africa regions. Mr. Banga also has extensive experience with
consumer goods companies, including Nestle and Pepsico. From 2007 to 2012, Banga
served on the board of directors of Kraft Foods. 

"Ajay Banga brings to Dow an exceptional understanding of key international
markets, as well as the financial sector and a variety of downstream,
consumer-facing businesses," said Andrew N. Liveris, Dow`s chairman and chief
executive officer. "His impressive global business perspective makes Mr. Banga a
highly qualified addition to our Company`s already accomplished Board, thus
benefiting Dow as we further advance our strategic agenda and drive growth in
attractive downstream markets and fast-growing regions of the world." 

Banga is a member of the Council on Foreign Relations, The Economic Club of New
York and the Financial Services Roundtable. He is also an Executive Committee
member of the Business Roundtable. 

For a complete list of Dow`s board members, committee assignments and other
corporate governance information, visit our Corporate Governance web site. 

About Dow

Dow (NYSE: DOW) combines the power of science and technology to passionately
innovate what is essential to human progress. The Company connects chemistry and
innovation with the principles of sustainability to help address many of the
world's most challenging problems such as the need for clean water, renewable
energy generation and conservation, and increasing agricultural productivity.
Dow's diversified industry-leading portfolio of specialty chemical, advanced
materials, agrosciences and plastics businesses delivers a broad range of
technology-based products and solutions to customers in approximately 160
countries and in high growth sectors such as electronics, water, energy,
coatings and agriculture. In 2012, Dow had annual sales of approximately $57
billion and employed approximately 54,000 people worldwide. The Company's more
than 5,000 products are manufactured at 188 sites in 36 countries across the
globe. References to "Dow" or the "Company" mean The Dow Chemical Company and
its consolidated subsidiaries unless otherwise expressly noted. More information
about Dow can be found at 

®TM Trademark of The Dow Chemical Company ("Dow") or an affiliated company of

 For editorial information:  
 The Dow Chemical Company    
 Rebecca Bentley             
 +1 (989) 638-8568              
 Nancy Lamb                  
 +1 (989) 638-7251                 

The Dow Chemical Company

Copyright Business Wire 2013

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