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Fortune
Fortune
Ruth Umoh

Dow’s CEO handoff elevates an insider and seasoned operator

Dow COO Karen Carter wearing a white lab coat and sitting while smiling (Credit: Courtesy of Dow)

Dow is making a closely watched leadership change at a pivotal moment for the chemical industry.

The company said Tuesday that Karen Carter, Dow’s current chief operating officer, will become CEO on July 1, 2026, succeeding Jim Fitterling, who has led the materials science giant since 2018. Fitterling will become executive chair of the board, and Carter will join Dow’s board on the same date. Independent lead director Richard Davis will remain in his role. 

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