Jeffrey Tate Rejoins Dow to Replace current CFO Howard Ungerleider after Retirement
Dow Inc. (NYSE: DOW) has announced that Howard Ungerleider will retire from the company after 33 years of dedicated service to pursue new opportunities. In response, the Board of Directors has appointed Jeffrey L. Tate as the new Chief Financial Officer, effective as of November 1, 2023.
Ungerleider most recently held the positions of President and Chief Financial Officer. He took on the role of President in March 2018, in preparation for the separation and establishment of Dow Inc. and initially assumed the position of Chief Financial Officer on October 1, 2014. His official retirement is scheduled for January 2024, and he will collaborate with Tate immediately to ensure a smooth transition in leadership responsibilities.
Tate, aged 54, returns to Dow after serving as the Executive Vice President and Chief Financial Officer of Leggett & Platt from September 2019 until June 2023.
Tate’s association with Dow dates back to 1992, bringing with him 27 years of prior experience in senior-level finance, operational, and general management roles at Dow. He has held various positions, including Vice President of Finance for Dow Packaging & Specialty Plastics. In previous roles, he served as Chief Audit Executive, overseeing global internal audit and investigative activities at Dow. He was also the Director of Investor Relations.
Tate is a Certified Public Accountant, holding a Bachelor of Science degree in accounting from the University of Alabama. He is a member of the Board of Directors of Huntington Bancshares Incorporated and has previously served on the Public Company Accounting Oversight Board’s (PCAOB) Standing Advisory Group.
Ungerleider’s journey with Dow began in 1990. His global leadership roles included Executive Vice President of Dow’s Advanced Materials Division, President of Dow’s Performance Plastics Division, Vice President of Investor Relations, and North American Commercial Vice President for Basic Plastics. From his early days in Dow’s commercial development program and throughout his career, Ungerleider dedicated significant efforts to mentoring employees, developing leaders, and championing Dow’s employee resource groups.
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