Dow Corning Names New CEO

May 12, 2011
Stephanie A. Burns, Ph.D., will remain chairman.

Dow Corning Corp.’s board of directors elected Robert D. Hansen, CEO of Dow Corning, effective immediately. Stephanie A. Burns, Ph.D., remains chairman. Hansen, 50, has been employed by Dow Corning for 29 years and was named president in November 2010. He will continue to serve as president.

“We’ve experienced tremendous growth in this company in the past several years,” says Hansen. “Under Stephanie’s leadership, Dow Corning has grown from a $2 billion company to a $6 billion company. Across the globe, with employees far and wide, she has reignited our passion for innovation. We are well down the path to achieving our vision because of her leadership. I speak for the 11,000 employees at Dow Corning who are grateful to her for giving us the legacy of innovation, a commitment to sustainable growth and most importantly, the pure dedication and passion she has brought to this company every day.”

Hansen joined Dow Corning’s finance function in 1982, in Midland, Mich. Six years later, he relocated to Brazil as regional finance manager, returning to the U.S. in 1992 as economic evaluator and controller for the Rubber business.  Hansen became the manager for the South American region in 1996. Following that, he had numerous roles including product line management, procurement director and global oversight for Dow Corning’s Construction business before being named European Area president in 2002.

Hansen was named vice president and general manager of the Core Products Business in 2005, and was subsequently promoted to executive vice president.

A graduate of Valparaiso University, with a bachelor of science degree in business administration, Hansen now serves on the university’s board of directors. He is also actively involved in the community serving on the board of directors for Junior Achievement of Central Michigan and Midland County United Way.  He was the chair of Midland’s 2010 United Way campaign.

For more information, visit: http://www.dowcorning.com

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