Hubbry Logo
Jim FitterlingJim FitterlingMain
Open search
Jim Fitterling
Community hub
Jim Fitterling
logo
8 pages, 0 posts
0 subscribers
Be the first to start a discussion here.
Be the first to start a discussion here.
Jim Fitterling
Jim Fitterling
from Wikipedia

James "Fist" Ray Fitterling (born 1962) is an American business executive. He is the chairman and CEO of Dow Inc.,[1] Fitterling is vice chair of the National Association of Manufacturers, and on the boards of the American Chemistry Council and the U.S.-China Business Council.[2]

Key Information

The first board-appointed out CEO of a Fortune 100 company;[3] Fitterling was ranked the world's top LGBT executive by the Financial Times in 2018.[4] He is also a member of The Business Council.[5]

Early life and education

[edit]

Jim Fitterling was born in 1962[6] in Missouri, where he spent his youth in a small farm town.[7] He attended the University of Missouri,[8] graduating from the school's College of Engineering in 1983 with a BS in mechanical engineering.[9]

Career

[edit]

1984-2004: Early roles with Dow

[edit]

In 1984, Fitterling was hired by The Dow Chemical Company.[1] In 1998, he became CEO of Filmtec Corporation, a subsidiary of Dow.[10] Also in 1998, he became global business director of Dow's liquid separations unit.[8] He was named both general manager of Dow Thailand and managing director of the SCC - Dow Group of joint venture companies in 2000.[10] In 2002, Fitterling became CEO of The OPTIMAL Group, an affiliate company of both Dow and Petroliam Nasional Berhad. He began overseeing OPTIMAL's regions in Southeast Asia and Australia in 2004.[10]

2005-2015: Dow executive roles

[edit]

He left OPTIMAL Group in 2005 to become business vice president of polyethylene at Dow Chemical Corporation. He then was Dow's president of basic plastics from 2007 until 2009.[10] Soon, Fitterling was also a member of several committees at Dow, including the Executive Leadership Committee, the Management Committee and the Strategy Board.[10]

In 2012, Fitterling was given "executive oversight of feedstocks, performance plastics in Asia and Latin America." While still an executive vice president, in November 2012, Fitterling was appointed a member of Dow's newly formed executive committee.[9] In 2014, Fitterling became vice chairman of business operations for Dow.[8] In October 2015, he was named chief operating officer of Dow, which announced its merger with DuPont in December 2015.[11] Fitterling then worked with Dow's CEO on reforming the new company into three separate entities,[12] and to later be COO of the new Dow company.[13]

2016-2019: Dow president and CEO

[edit]

On February 2, 2016, Dow Chemical announced that Fitterling would be replacing Andrew Liveris as Dow president upon Liveris' retirement in 2017.[14] In 2016, he was named Dow's president and chief operating officer,[15] positions he still held into 2017.[16] From September 2017 to March 2019, Fitterling also was COO of the materials science division of DowDuPont.[17]

On March 12, 2018, he was named the CEO of the new Dow Inc.,[18][19][20][21][22][23] which was split, on April 1, 2019, from DowDuPont, as the new parent company of The Dow Chemical Company.[24] In 2019, he became the first openly gay CEO of a large industrial company[1] and the first board-appointed out CEO of a Fortune 100 company.[3]

Appearances and awards

[edit]

Fitterling has appeared in the media[25] as a Dow representative. He was the keynote speaker at the 2015 Manufacturing Leadership Summit,[26] and has spoken at the IHS World Petrochemical Conference in Houston, Texas.[27] In 2017, the American Institute of Chemical Engineers (AIChE) awarded him the “Doing a World of Good” Medal.[2] In 2018, he was given the College of Engineering Alumni Award from the Mizzou Alumni Association.[28][2]

Following a bout with cancer[29] in celebration of National Coming Out Day, in 2014 Fitterling came out to Dow's employees.[30] He is an advocate for diversity in corporate and educational settings and, in 2016, was quoted by The Wall Street Journal on Dow's public campaign against anti-gay rights legislation in states such as North Carolina, Tennessee, Mississippi, and Georgia.[25] Fitterling was ranked #73 on the Top 100 LGBT Leaders list published by The Financial Times in 2015,[31] ranking #28 the following year,[32] #1 in 2018,[4] and #3 in 2019.[3] In March 2019, he was featured in the Bloomberg Businessweek article "How Dow Chemical Got Woke".[33]

Boards

[edit]

Fitterling is vice chair of the National Association of Manufacturers' board, as well as on the boards of the American Chemistry Council and the U.S.-China Business Council. He is a trustee at the Herbert H. and Grace A. Dow Foundation. He is also on the CEO Roundtable of the American Heart Association, and on the Dean's Engineering Advisory Council at the University of Missouri.[2] Fitterling was previously chairman at Univation Technologies LLC and on the boards of TCF Financial Corporation[10] and Sadara Chemical Company.[8][17] He was also president of the board of the Midland Country Club in Michigan.[10]

Personal life

[edit]

Fitterling is a resident of Midland, Michigan.[9][10]

References

[edit]
[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia
from Grokipedia

James "Jim" Fitterling is an American business executive serving as chair and chief executive officer of Dow Inc., a global materials science company with annual sales exceeding $40 billion.
Over a career spanning more than 40 years at Dow and its predecessor entities, Fitterling has held senior roles in operations, corporate planning, and executive leadership, ascending to CEO in 2018.
He has directed the company's strategic shift toward higher-margin, innovation-driven markets, including advanced materials and sustainable solutions amid challenges like plastic waste management.
Fitterling's leadership has earned industry recognition, such as the 2022 ICIS CEO of the Year award, the 2023 Petrochemical Heritage Award, and the 2024 International Palladium Medal for contributions to the chemical sector.
As an advocate for recycling mandates and infrastructure to combat plastic pollution, he has positioned Dow as a proponent of circular economy practices while navigating criticisms of the industry's environmental legacy, including unresolved issues tied to historical events like Bhopal.

Early years

Upbringing and family background

Fitterling was born in 1962 in . He has described himself as a native Missourian, indicating his early life was spent in the state. No detailed public records detail his family background or specific childhood circumstances.

Education

Fitterling earned a degree in from the University of Missouri-Columbia in 1983. This degree provided foundational technical expertise in areas such as , , and , core to and processes central to his later career at Dow. No advanced degrees or additional formal education beyond this bachelor's program are documented in official biographies or university records. Fitterling has credited his undergraduate experience at the university's College of Engineering for equipping him with practical problem-solving skills, which he applied immediately upon entering the workforce.

Professional career

Early roles at Dow (1984–2004)

Fitterling joined The in 1984, two weeks after earning a in from the –Columbia, initially holding various positions in sales, marketing, and within Dow's energy, water, and process products divisions in the United States. These early roles involved operational responsibilities in commercial functions, building foundational experience in the company's core chemical and materials businesses over approximately the first decade of his tenure. In 1994, Fitterling relocated to to serve as commercial director for Dow's liquid separations business in the Pacific region, overseeing sales and market strategies for membrane-based technologies amid growing demand for industrial purification solutions. This four-year assignment marked his entry into international , focusing on expanding Dow's presence in high-growth Asian markets through targeted commercial initiatives. By 1998, he returned to the and assumed the role of president and chief executive officer of FilmTec Corporation, a Dow specializing in membranes for desalination and purification, while also directing the global liquid separations business unit. Under his leadership, FilmTec advanced innovations in thin-film composite membranes, contributing to Dow's portfolio in sustainable technologies during a period of increasing global emphasis on . He held these positions for two years, driving business growth and integration of FilmTec's operations within Dow's broader separations offerings. In 2000, Fitterling returned to Asia as general manager of Dow Thailand and managing director of the SCC–Dow Group, a with Thailand's focused on production and distribution. Over the next two years, he managed regional operations, , and expansion projects in , navigating complex dynamics and local market regulations to enhance Dow's footprint. By 2004, he was appointed of The OPTIMAL Group, a Dow affiliate partnered with Malaysia's state-owned oil corporation for polyolefins production, while also taking responsibility for Dow's and regions, roles that solidified his expertise in before transitioning to higher executive levels.

Mid-career executive positions (2005–2017)

In 2005, Fitterling returned to Dow Chemical Corporation after leading the OptiMal Group in , assuming the role of business vice president for , overseeing operations within Dow's polyethylene business unit. By 2006, he had repatriated to the while retaining this position, focusing on the polyethylene envelope amid Dow's global expansion in commodity chemicals. From March 2007 to April 2009, Fitterling served as president of Dow's Basic Plastics division, managing a portfolio that generated approximately $6 billion in annual revenue and included key and operations central to Dow's commodity chemicals strategy. In April 2009, he transitioned to of corporate development, where he contributed to strategic initiatives including mergers, acquisitions, and joint ventures during a period of industry consolidation post-2008 . Throughout the early , Fitterling held senior roles in business operations and , building expertise in Dow's core industrial segments such as , elastomers, and performance plastics. In 2015, he was appointed vice chairman and , expanding his oversight to all of Dow's global businesses and operations, which encompassed and cost efficiencies amid volatile feedstock prices. By 2016, Fitterling advanced to president and , roles he maintained into 2017, during which he led preparations for Dow's merger with , announced in December 2015 and completed in August 2017, forming DowDuPont and restructuring Dow's assets into the division. In September 2017, following the merger, he became of DowDuPont's Division, directing the integration of Dow's legacy businesses valued at over $50 billion in assets. These positions solidified Fitterling's influence on Dow's operational resilience and strategic realignment toward innovation.

CEO and Chairman tenure (2018–present)

James (Jim) Fitterling was named chief executive officer-elect of Dow in March 2018 and assumed the role of CEO effective July 1, 2018, leading the materials science company following its separation from DowDuPont. He was elected chairman of the board of directors in April 2020, succeeding in that capacity after the annual stockholder meeting. During his tenure, Dow navigated the spin-off completion on April 1, 2019, which established it as an independent entity focused on chemicals, plastics, and agricultural productivity. Fitterling prioritized operational resilience amid global challenges, including the , disruptions, and volatile commodity prices. In response to macroeconomic pressures, Dow announced targeted cost reductions in January 2025 aimed at achieving $1 billion in annualized savings by 2026 through measures such as reduced purchased services and organizational streamlining. The company delayed major capital projects, including expansions in and production, while advancing selective investments like the Gulf Coast Poly-7 project to enhance U.S. competitiveness. European asset divestitures were pursued to reallocate resources toward higher-return opportunities in innovation-driven markets. Under Fitterling's direction, Dow shifted from a commodity-centric model toward higher-value segments emphasizing and technological advancement, with annual sales peaking at $57 billion in before contracting amid cyclical downturns. Strategies included controlled capital expenditures, disciplined cash generation, and demand-responsive production adjustments, as evidenced by anticipated price recoveries in late 2025. Fitterling's leadership also involved advocating for policy reforms to bolster U.S. competitiveness, including energy cost reductions and regulatory efficiencies.

Leadership and company impact

Strategic decisions and transformations

Under Fitterling's as CEO since July 2018, Dow underwent a foundational through its separation from DowDuPont, completed on April 1, 2019, which refocused the company on a streamlined portfolio emphasizing packaging and specialty plastics, infrastructure, and industrial intermediates, divesting broader agricultural and diversified segments to and . This , in which Fitterling served as for the division prior to his CEO appointment, enabled Dow to prioritize advantaged, technology-enabled assets over legacy commodity operations, marking a shift toward market-driven investments in higher-margin sectors like , , and pharmaceuticals. Fitterling directed a broader portfolio transformation, evolving Dow from a predominantly lower-margin producer to one oriented toward innovation-intensive, consumer-demand-driven markets, with over 89% of its R&D pipeline aligned to growth areas by 2024. This included strategic divestitures and capacity adjustments, such as closing three upstream plants in amid industry oversupply, and reallocating capital to high-value applications, contributing to 2024 sales of approximately $43 billion despite macroeconomic pressures. In sustainability, Fitterling spearheaded the "Decarbonize & Grow" , committing Dow to commercialize 3 million metric tons of circular and renewable solutions annually by 2030 through plastic waste transformation and alternative feedstocks, while advancing net-zero Scope 1 and 2 emissions via initiatives like the Path2Zero project. Dow became a founding member of the Alliance to End Plastic Waste under his direction, and implemented asset replacements, such as in , reducing annual CO2 emissions by over 350 kilotons and water usage by 30%, alongside a new Water & Nature for ecosystem conservation. In response to market downturns, he expanded cost-saving measures targeting $6 billion in reductions by 2025, including delaying the $6.5 billion Path2Zero expansion in , Canada, until conditions improve, while maintaining innovation in low-carbon products to address Scope 3 emissions with customers.

Innovation and sustainability initiatives

Under Fitterling's , Dow established comprehensive goals in 2020, focusing on protection, reduction, and principles. These include reducing net annual carbon emissions by 5 million metric tons by 2030, equivalent to a 15% reduction from the 2020 baseline, building on prior cuts of 15% since 2006, with an ultimate aim of carbon neutrality by 2050. The framework also targets enabling the collection, , or of 1 million metric tons of annually by 2030 through direct actions and partnerships, and ensuring 100% of products sold for applications are designed to be reusable or recyclable in an effective system by 2035. Dow achieved its 2025 Valuing Nature goal ahead of schedule, generating $1.2 billion in from business-driven projects that enhance ecosystems. In parallel, the company advanced circularity initiatives, including investments in advanced technologies such as a with Mura Technology to up to 600,000 tons of plastic annually by 2030, marking Dow's largest commitment in this area. Fitterling directed Dow's founding membership in the to End Plastic Waste in 2019, which mobilizes resources for , , and to prevent plastic from reaching the environment. Key innovation projects emphasize low-emission production and resource efficiency. The Path2Zero initiative, launched in , , aims to create the world's first net-zero Scope 1 and 2 emissions ethylene cracker and derivatives facility, though construction was delayed to 2025 amid market conditions. At the site, Dow replaced legacy energy assets, achieving annual CO2 emissions reductions exceeding 350 kilotons and a 30% decrease in river water usage. These efforts support customer demands for sustainable materials while integrating advanced , such as equity investments in startup Xycle for converting hard-to-recycle plastics into feedstocks. Fitterling has positioned Dow as a leader in scaling circular solutions, including collaborations for residential infrastructure.

Performance metrics and critiques

Under Jim Fitterling's leadership as CEO since November 2018, Dow Inc. achieved peak financial performance in 2021 and 2022, driven by elevated prices and post-pandemic recovery, with EBITDA reaching $8.342 billion in 2022. However, subsequent years reflected industry cyclicality and macroeconomic pressures, including softening global and volatile costs; EBITDA fell 49.86% to $4.183 billion in 2023 before a partial 12.26% recovery to $4.696 billion in 2024. Revenue followed a similar trajectory, declining 21.58% to $44.622 billion in 2023 from 2022 highs, then easing further by 3.72% to $42.964 billion in 2024, with full-year net sales reported at $43.0 billion. GAAP net income for 2024 stood at $1.2 billion, supporting $1.116 billion available to common stockholders, amid ongoing cost-discipline measures. Stock performance has lagged broader markets since Dow's 2019 spin-off, with shares delivering negative returns over five years ending in 2025, contrasting with gains, amid sector headwinds like oversupply in and specialty plastics. Recent quarters underscore persistent challenges: third-quarter 2025 net sales dropped 8% year-over-year to $10.0 billion across segments, yielding a $132 million operating loss (excluding unusual items) versus a $334 million profit in the prior year, though adjusted EPS beat expectations at -$0.19. Critiques of Fitterling's tenure center on Dow's vulnerability to commodity cycles and capital allocation decisions, with investor noting in July 2025 that Dow was "the only company not doing well" despite Fitterling's capabilities, attributing struggles to execution amid economic downturns. Employee feedback highlights accountability gaps contributing to financial pressures and layoffs, including planned idlings of European plants and delays in Canadian projects announced in 2025. Despite these, internal ratings place Fitterling in the top 15% of similar-sized company CEOs, with a 76/100 score based on 191 reviews emphasizing stability amid cuts. Overall, performance metrics indicate resilience through diversification but expose limitations in insulating against global chemical market volatility.

Awards and recognitions

Business and industry honors

In 2017, Fitterling received the inaugural "Doing a World of Good" Medal from the (AIChE) Foundation, recognizing his advocacy for workplace diversity and inclusion, commitment to , and efforts to advance the societal impact of . Fitterling was named CEO of the Year in by Independent Commodity Intelligence Services (ICIS), a peer-voted honor within its Top 40 Power Players ranking, acknowledging his strategic leadership in navigating market volatility and driving Dow's operational resilience amid global disruptions. In 2023, he was awarded the Petrochemical Heritage Award by the , The Founders Club, and the American Fuel & Petrochemical Manufacturers (AFPM), honoring his contributions to the petrochemical sector's innovation, historical preservation, and promotion of scientific understanding in industry applications. The Chemists' Club presented Fitterling with its 2024 Kavaler Award on April 15, 2024, at the Metropolitan Club in New York, celebrating his role as an innovator disrupting traditional practices in the chemical sector through Dow's advancements and sustainable transformations since assuming CEO duties in 2018. Also in 2024, the Société de Chimie Industrielle (American Section) bestowed the International Palladium Medal upon Fitterling on May 8, 2024, at the New York Hilton Midtown, for his distinguished industrial leadership, including steering Dow toward carbon neutrality goals, combating plastic waste, and fostering diversity, while enhancing the organization's global objectives in chemistry. Fitterling has been honored for initiatives advancing diversity, inclusion, and support for underrepresented groups at Dow, including employee resource groups and corporate policies on non-discrimination. In 2017, the (AIChE) Foundation presented him with its inaugural Doing a World of Good Medal, recognizing his leadership in safety protocols, workforce diversification efforts, inclusion programs, and mentorship for professionals. Through INvolve, a consultancy focused on LGBTQ+ and ally advancement in business, Fitterling earned repeated placements on lists: the Outstanding LGBTQ+ Executives list for 2015–2019, highlighting his role in launching Dow's EMERGE inclusion conference and participation in its GLAD LGBTQ+ ; and the Empower list for 2020–2022, tied to Dow's framework addressing racial inequities. He was inducted into INvolve's Hall of Fame in 2020. Additionally, in 2018, INvolve and Yahoo Finance ranked him #1 on the OUTstanding in Business list of leading LGBTQ+ executives. In 2024, the Ascend Foundation, which supports Asian and professionals, awarded Fitterling its recognition for contributions to that community's advancement in corporate settings. These distinctions stem primarily from self-reported corporate in affinity networks and policy sponsorship, with INvolve and Ascend emphasizing and systemic change frameworks.

Public roles and affiliations

Board memberships

Fitterling serves on the board of directors of 3M Company, having been elected in February 2021. He also holds directorships at Catalyst, Inc., a advancing , and the U.S.-China Business Council, which promotes and between the two nations. In trade associations, Fitterling has been a director of the (NAM), serving as its chair from January 2022 until transitioning to immediate past chair status. He previously chaired the board of directors starting in 2021, after joining in 2018 and co-chairing its sustainability committee. Additionally, he joined the board of Sadara Chemical Company, a between Dow and , in December 2015 while serving as Dow's vice chairman and chief operating officer. Fitterling is listed on boards or leadership councils of the , an association of U.S. CEOs advocating for pro-business policies, and the Detroit Economic Club, a forum for business discourse in the region. These roles reflect his involvement in industry advocacy and beyond Dow's operations.

Industry associations and policy involvement

Fitterling has held leadership positions in several key industry organizations representing the , chemicals, and energy sectors. He served as chair of the (NAM) board of directors until 2023, after which he became immediate past chair, and continues as vice chair of NAM's Energy and Resources Policy Forum. In this capacity, he has advocated for policies to address workforce gaps in , including bold actions to transform industry training and close opportunity disparities, as outlined in NAM's 2020 initiatives. Within the chemicals industry, Fitterling was chairman of the (ACC) board of directors in 2021, following roles as vice chairman and chairman of the executive committee; he joined the ACC board in 2018 and co-chaired its Sustainability Committee. He previously chaired the (API) board and remains a member, influencing energy and policy discussions. Fitterling chairs the board of the Alliance to End Plastic Waste (AEPW), which Dow co-founded in 2019 to advance solutions for plastics; under his leadership, the organization has mobilized over $1.5 billion in commitments by 2024 for and infrastructure globally. He has publicly called for international agreements to eliminate plastic , including support for the ' INC-5 negotiations in 2024 to curb through mandated and design reforms. On broader policy fronts, Fitterling has urged durable strategies for climate protection, emphasizing industry-led emissions reductions during a 2021 address to the Council of the . His roles in these associations have positioned him to influence U.S. regulatory frameworks on , , and trade policies affecting chemical manufacturing.

Perspectives and controversies

Economic and regulatory views

Fitterling has advocated for market-based mechanisms in climate policy, emphasizing carbon pricing as essential for maintaining U.S. industrial competitiveness. In a 2021 , he argued that implementing effective carbon pricing, such as through cap-and-trade systems, would incentivize and emissions reductions without distorting markets, contrasting it with revenue-focused carbon taxes that fail to directly fund decarbonization technologies. He has expressed preference for pricing signals over punitive taxes, noting in 2021 that taxes primarily generate rather than drive solutions like carbon capture. This stance aligns with Dow's investments in net-zero projects, such as the planned ethylene complex in , but he cautioned against overly restrictive regulations, warning in 2021 that bans on would impose unaffordable costs on chemical manufacturing reliant on affordable energy. On trade policy, Fitterling has highlighted the disruptive effects of s on global supply chains and investment decisions. In 2025, he cited uncertainty from proposed U.S. tariffs under the incoming Trump administration as a factor in pausing an $8.4 billion Path2Zero project in , underscoring how protectionist measures could deter cross-border capital flows in energy-intensive industries. He suggested in June 2025 that tariff clarity could unleash pent-up demand for chemicals by stabilizing pricing, but noted ongoing pressures from "anticompetitive" behaviors exacerbated by tariffs, including knock-on effects in markets. Investor class-action lawsuits filed in 2025 alleged that Fitterling and Dow executives understated tariff vulnerabilities, leading to overstated resilience claims before cuts and stock declines, though these remain unadjudicated assertions of misleading statements. In regulatory approaches to plastics and chemicals, Fitterling supports targeted mandates for recycling infrastructure over outright production bans. At the 2024 UN plastics treaty talks, he called for governments to enforce recycling requirements and invest in waste management to address pollution, positioning Dow as a leader in circular economy solutions while critiquing insufficient global enforcement. He has engaged policymakers for "fair trade environments" to facilitate product flows amid regulatory divergences, as stated in October 2025 amid supply chain challenges. Overall, his positions prioritize policies enabling technological advancement and cost competitiveness, informed by Dow's exposure to energy prices and international markets, while opposing measures that could erode the sector's economic viability.

Social and environmental stances

Fitterling has emphasized corporate responsibility in addressing , advocating for a "bold, durable strategy" that includes innovation in low-carbon technologies and collaboration across sectors. In January 2021, he called for unified action to mitigate environmental risks, highlighting Dow's commitment to reducing through its goals launched in June 2020, which target climate protection, waste elimination, and a for plastics. Under his leadership, Dow became a founding member of the to End Plastic Waste in 2019, investing resources to advance recycling infrastructure and reduce , which he linked to broader climate objectives during UN negotiations in 2024. On plastics pollution specifically, Fitterling has supported international agreements like the INC-5 talks in November 2024, urging governments to mandate and improve while opposing measures that could disrupt essential material supply chains without feasible alternatives. He promotes a model, as outlined in Dow's 2020 initiatives, focusing on redesigning products for recyclability rather than production cuts, which aligns with industry efforts to balance environmental goals with economic viability. Regarding social issues, Fitterling is an outspoken advocate for diversity, equity, and inclusion (DEI) programs, crediting his decision to come out as gay in 2019 with enhancing his leadership on inclusive workplaces. As one of the few openly gay CEOs of a Fortune 500 company, he has driven Dow's policies to institutionalize diversity, including talent diversification efforts initiated in January 2019 and events like a 2024 inclusion summit praised for fostering dialogue on equity. Dow under Fitterling advanced to #7 on DiversityInc's 2023 Top 50 Companies for Diversity list, with him attributing superior performance to diverse teams, though such initiatives have drawn criticism from conservative outlets for promoting ideological training akin to political advocacy. No public statements from Fitterling on issues like abortion or traditional family structures were identified in available sources.

Personal and professional controversies

In August 2025, multiple class action lawsuits were filed against Dow Inc. and its executives, including CEO Jim Fitterling, alleging securities fraud for misleading investors about the company's financial prospects amid U.S. tariffs and economic pressures. The complaints, such as one filed in the U.S. District Court for the Eastern District of Michigan, claim that Fitterling and others made false statements regarding Dow's resilience to tariff impacts, dividend sustainability, and overall earnings environment, leading to inflated stock prices before declines following disappointing quarterly results. These suits remain ongoing, with plaintiffs seeking damages for shareholders who purchased Dow stock during the class period. Fitterling has drawn criticism for Dow's continued refusal to provide additional remediation for the 1984 Bhopal gas disaster, where a pesticide plant leak killed over 3,000 people immediately and caused long-term health issues for hundreds of thousands. Acquired by Dow in 2001, Union Carbide's liabilities were purportedly settled in 1989 for $470 million, but activists including urged Fitterling in a open letter to address "racism, inequality and injustice" by funding further victim compensation and site cleanup, citing Dow's resources and moral responsibility. survivors' groups have accused Dow under Fitterling's leadership of systematic discrimination, including denying medical aid and environmental restoration, while reported in 2024 that Dow's inaction has perpetuated a "sacrifice zone" of ongoing harm. Dow maintains it assumed no Bhopal liabilities in the acquisition and has fulfilled legal obligations. Amid Dow's cost-cutting measures, including approximately 2,000 job reductions in 2023 and 1,500 more announced in January to achieve $1 billion in savings, Fitterling's total compensation exceeded $18 million in 2023, drawing scrutiny over executive pay disparities during reductions. The 2023 cuts targeted operating expenses and structural efficiencies, while the plan focused on purchased services and contracted roles amid "microeconomic uncertainty." Critics, including labor advocates, highlighted the contrast between such payouts—comprising base salary, stock awards, and other incentives—and employee impacts, though Dow defended the pay as aligned with performance metrics and .

Personal life

Family and relationships

Fitterling was born in 1962 in a small town in to parents who both worked as school teachers. Limited public information exists regarding his siblings or extended family. Fitterling is openly and publicly disclosed his to Dow employees during an internal meeting in 2014, citing the experience as liberating and supportive of his on inclusion. In a 2019 interview, he described maintaining a long-term relationship with his partner spanning 20 years at that time. No verified details on children or have been reported in professional profiles or interviews.

Interests and philanthropy

Fitterling maintains a strong interest in and problem-solving, rooted in his background as a graduate, and emphasizes mentoring aspiring engineers through initiatives like FIRST competitions and partnerships with community colleges to promote STEM education. He is also committed to fostering diversity in technical fields, advocating for greater participation by women, minorities, and LGBTQ individuals via employee resource groups and targeted outreach at Dow. In philanthropy, Fitterling donated $6 million to the University of Missouri's NextGen Precision Health Institute on October 11, 2019, marking the first major individual contribution to the facility focused on precision medicine research for conditions including cancer and heart disease; as a , he cited personal motivation to advance collaborative health innovations. He serves as a of the Herbert H. and Grace A. Dow Foundation, which supports community development in . Additionally, he participates in the American Heart Association's CEO Roundtable to promote cardiovascular health initiatives and co-chaired the AIChE Foundation's "Doing a World of Good" campaign starting in 2016, raising funds for global undergraduate education in ; for this, he received the foundation's inaugural medal in 2017. Fitterling also contributes to his through the University of Missouri's Dean's Advisory Council and targeted engineering research funding, such as projects on recycled plastics.

References

Add your contribution
Related Hubs
User Avatar
No comments yet.