IBJNews

Dow AgroSciences names new CEO

Back to TopCommentsE-mailPrintBookmark and Share

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.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Kent's done a good job of putting together some good guests, intelligence and irreverence without the inane chatter of the other two shows. JMV is unlistenable, mostly because he doesn't do his homework and depends on non-sports stuff to keep HIM interested. Query and Shultz is a bit better, but lack of prep in their show certainly is evident. Sterling obviously workes harder than the other shows. We shall see if there is any way for a third signal with very little successful recent history to make it. I always say you have to give a show two years to grow into what it will become...

  2. Lafayette Square, Washington Square should be turned into office parks with office buildings, conversion, no access to the public at all. They should not be shopping malls and should be under tight security and used for professional offices instead of havens for crime. Their only useage is to do this or tear them down and replace them with high rise office parks with secured parking lots so that the crime in the areas is not allowed in. These are prime properties, but must be reused for other uses, professional office conversions with no loitering and no shopping makes sense, otherwise they have become hangouts long ago for gangs, groups of people who have no intent of spending money, and are only there for trouble and possibly crime, shoplifting, etc. I worked summers at SuperX Drugs in Lafayette Square in the 1970s and even then the shrinkage from shoplifting was 10-15 percent. No sense having shopping malls in these areas, they earn no revenue, attract crime, and are a blight on the city. All malls that are not of use should be repurposed or torn down by the city, condemned. One possibility would be to repourpose them as inside college campuses or as community centers, but then again, if the community is high crime, why bother.

  3. Straight No Chaser

  4. Seems the biggest use of TIF is for pet projects that improve Quality Of Life, allegedly, but they ignore other QOL issues that are of a more important and urgent nature. Keep it transparent and try not to get in ready, fire, Aim! mode. You do realize that business the Mayor said might be interested is probably going to want TIF too?

  5. Gary, I'm in complete agreement. The private entity should be required to pay IPL, and, if City parking meters are involved, the parking meter company. I was just pointing out how the poorly-structured parking meter deal affected the car share deal.

ADVERTISEMENT