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Dow AgroSciences names new CEO

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Indianapolis-based Dow AgroSciences LLC will have a new CEO after its parent organization moves Jerome Peribere into a new position, the company announced today.

Antonio Galindez, 54, vice president of Dow AgroSciences' crops business, will step into the top job. Peribere will become CEO of Dow Chemical Co.'s advanced materials business after the retirement of that division's chief.

The transition, which will take place over the next two months, comes as struggling Midland, Mich.-based Dow is mulling purchase offers for its high-performing AgroSciences division. Dow officials have said the sale of the unit would be "counter-strategic," but they have to consider offers if they would be in the best interest of shareholders.

Peribere, 55, a native of France and a 30-year Dow veteran, had been CEO of the AgroSciences unit since 2004. The unit has $4.5 billion in annual sales.

Peribere will relocate to Philadelphia to head up the new division, which was formed earlier this year when Dow Chemical acquired specialty materials company Rohm & Haas Co. for more than $16 billion. He will replace Pierre Brondeau, 51, who is retiring.

Galindez joined Dow in 1983 as field sales representative for agricultural products in Spain. He served in various marketing and business positions throughout Europe, including country manager for Spain and Portugal and human resources director for Europe.

He moved to Indianapolis in 1997 to accept the position of global business leader in the agrochemical business. He was named vice president, Latin America Trade Area, in 2002 and led Dow AgroSciences Corporate Strategy. In September 2002, Galindez became vice president for the Europe, Latin American and the Pacific regions, a position he held until being named global vice president, Crops Business, in 2006.

Last Friday, at IBJ's Life Science Power Breakfast, at the Westin Hotel in downtown Indianapolis, Peribere called the DowAgro Sciences division Dow's "best asset."

Dow "doesn't have to sell Dow AgroSciences," he said. "So then it's a question of, is eventually the price going to be so fabulous that you can't refuse that proposal?"

Peribere said he was "doing everything to keep Dow AgroSciences in Indianapolis, and I think it's going to work."

Last week, Peribere announced Dow Agro had agreed to a 15-year lease that would spur construction of an 80,000-square-foot research-and-development building, to be erected adjacent to its headquarters in northwest Indianapolis. As a result, the company plans to hire dozens of additional researchers.

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  1. Now if he'd just stay there...

  2. Daniel - what about the many US citizens who do NOT follow what the Bible teaches? The Hindus, Jews, Muslims and others who are all American citizens entitled to all rights as Americans?? This issue has NOTHING to do with "What the Bible says..." Keep all Churches separate from State! Pence's ongoing idiocy continues to make Indiana look like a backwards, homophobic state in the eyes of our nation. Can't we move on to bigger issues - like educating our kids?

  3. 1. IBJ should link to the referenced report. We are in the age of electronic media...not sharing information is lazy. Here is a link http://www.in.gov/gov/files/Blue_Ribbon_Panel_Report_July_9_2014.pdf 2. The article should provide more clarity about the make-up of this panel. The commenters are making this item out to be partisan, it does not appear the panel is partisan. Here is a list of the panel which appears to be balanced with different SME to add different perspectives http://www.in.gov/activecalendar/EventList.aspx?view=EventDetails&eventidn=138116?formation_id=189603 3. It suggests a by-pass, I do not see where this report suggests another "loop". 4. Henry, based on your kneejerk reaction, we would be better off if you moved to another state unless your post was meant as sarcasm in which case I say Well Done. 5. The article and report actually indicates need to improve rail and port infrastructure in direct contradiction to Shayla commentary. Specifically, recommendation is to consider passenger rail projects... 6. People have a voice with their elected officials. These are suggestions and do not represent "crony capitalism", etc. The report needs to be analyzed and the legislature can decide on priorities and spending. Don't like it, then vote in a new legislature but quit artificially creating issues where there are none! People need to sift through the politics and provide constructive criticism to the process rather than making uninformed comments in a public forum based on misinformation. IBJ should work harder to correct the record in these forums when blatant errors or misrepresentations are made.

  4. Joe ... Marriage is defined in the Bible ... it is mentioned in the Bible often. Marriage is not mentioned once in the US or Indiana Constitution ...

  5. Daniel - Educate me please: what does the Bible have to do with laws? If the government wasn't in the business of marriage to begin with, then it wouldn't have to "define" marriage at all. Marriage could be left as a personal, religious, or otherwise unregulated action, with no ties to taxes, legal status, etc. Then people could marry whomever they want, and all this silliness would go away. Remember to vote Libertarian in November.

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