MOVES: US Dow names two VPs for agrosciences business

25 August 2009 16:23  [Source: ICIS news]

HOUSTON (ICIS news)--Dow Chemical named Tim Hassinger and David Blakemore as vice presidents in the company’s Dow AgroSciences business, the US producer said on Tuesday.

Hassinger was named vice president of the crops business unit, which was the former role of new Dow AgroSciences CEO Antonio Galindez.

Hassinger was previously the company’s vice president for Europe, Latin America and the Pacific region. Blakemore was appointed as Hassinger’s replacement for that role.

Dow CEO Andrew Liveris said earlier in the year that the company was considering options for Dow AgroSciences, including a sale, an initial public offering (IPO) or a joint venture.

However, analysts said a sale would likely only occur as a last resort, and if a full valuation was offered.

Dow AgroSciences has routinely been one of the bright spots of Dow’s portfoilo, and Liveris said on the company’s most recent conference call that Dow’s current thinking and his personal preference was for the business to remain a part of Dow’s long-term future.

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By: Ben DuBose
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