Yale Chief Executive Leadership Institute to Honor The Dow Chemical Company Chairman and CEO Andrew Liveris with Yale Legend in Leadership Award

New Haven, Conn., December 15, 2011 – The Dow Chemical Company Chairman and CEO Andrew Liveris will accept the “Legend in Leadership Award” of the Yale Chief Executive Leadership Institute at a ceremony to be held today at The Waldorf=Astoria Hotel in New York City.

The award will be presented to Mr. Liveris by Stephen Schwarzman, Chairman and CEO of The Blackstone Group, with personal endorsements by GE Chairman and CEO Jeffrey Immelt and Ford Motor Company President and CEO Alan Mulally, at the 68th gathering of the Yale CEO Summit of The Chief Executive Leadership Institute, “the world’s first CEO College.”

Andrew N. Liveris is President, Chairman and Chief Executive Officer of The Dow Chemical Company, a $54 billion global specialty chemical, advanced materials, agrosciences and plastics company based in Midland, Michigan.

Liveris' 35-year Dow career has spanned manufacturing, engineering, sales, marketing, and business and general management. He has spent the bulk of his career in Asia, including 14 years in Hong Kong. Key roles included general manager for the company's operations in Thailand, and president of all Asia-Pacific operations. He began his Dow career in 1976 in Australia and has been a member of Dow's Board of Directors since February 2004, and was named CEO in November 2004. He was elected as Chairman of the Board effective April 1, 2006.

An advocate for the criticality of manufacturing to the long-term health of a nation's economy, Liveris serves as Co-Chair of President Obama's Advanced Manufacturing Partnershipin the United States, and is the author of the book, Make It in America, released January 2011, which presents a comprehensive set of practical policy solutions and business strategies that outline the company's vision for an “advanced manufacturing” economy.

In recognition of his efforts in this arena, Liveris has been honored with the 2011 Distinguished Performance Award for Excellence in Public Policy from the Committee for Economic Development and the 2011 International Leadership Award from the United States Council for International Business (USCIB).

Named both the Platts Global Energy Awards CEO of the year in 2011, and one of the most influential people in the global chemical markets (ICIS Chemical Business magazine December 2010/2011), Liveris' breadth of experience and expertise is broadly represented across business, government, academic, and non-profit sectors. Liveris sits on the board of directors of IBM, and is vice chairman of the Business Council, and a vice chair of the Business Roundtable. He serves as president and chairman of the Board of the International Council of Chemical Associations. Liveris is a member of the U.S. President's Export Council, the US-India CEO Forum, the Peterson Institute for International Economics, and the American Australian Association. He serves on the board of trustees for The Herbert H. and Grace A. Dow Foundation, USCIB, and Tufts University.

Born in Darwin, Australia, Liveris attended the University of Queensland in Brisbane, graduating with a bachelor's degree (first-class honors) in Chemical Engineering, and was awarded the University Medal for that year. In 2005, he was awarded an honorary doctorate in science by his alma mater and was named Alumnus of the Year. Continuing his great alumnus support to the University, he was appointed Inaugural Chair of The University of Queensland in America Foundation in 2011.

Conference organizer, Jeffrey Sonnenfeld, Senior Associate Dean for Executive Programs at the Yale School of Management, commented, “Andrew Liveris is a progressive, visionary leader known for genuine business performance rather than personal self-promotion. He is universally admired by his peers in the business community, his customers, his employees, and his communities around the world. Easily fifteen acclaimed CEOs immediately volunteered to present this award when they learned that Andrew Liveris was the recipient. He built the world’s largest chemical company while growing in historic core fields, strengthening higher-end specialty products, promoting innovation at home and abroad while developing the new business opportunities in the world’s greatest growth markets, and achieving soaring recognition for authentic environmental sustainability and social responsibility. His entire career has shown an unrivaled prescient mastery of the world’s growth markets. While some contemporary CEOs chafe at the relentless required travel schedule, the emerging regulatory barriers to management execution, constant public scrutiny, and the steady drum beats to remain on frontiers of discovery, Andrew Liveris thrives on these competing pressures. He is an exceptional entrepreneur and business statesman who transcends political polemics and embraces the realities of the daunting leadership context of today’s CEOs.”

The Yale CEO Summit will be held this Wednesday night and Thursday at the Waldorf=Astoria. While the discussions of the CEO Summit are off-the-record, the press is invited to attend the “Legend in Leadership Award” presentation to Mr. Liveris on Thursday, December 15th, and the final conference session, “Keeping Revolutions Forever Young: Investing in Legacies for their Future,” which immediately follows; and the closing reception.

The conference theme is “Rethinking Global Markets: Leading Businesses across Divergent National Economies.” Distinguished global corporate leaders from across industries will engage in lively, candid discussions at this invitation-only leaders’ conference hosted by the Yale School of Management.

Other conference participants include: Joseph Carrabba, Chairman & CEO Cliffs Natural Resources; The Honorable Ashton Carter, US Deputy Secretary of Defense; Roger Crandall, Chairman & CEO, Mass Mutual; William Donaldson, 27th Chairman, US Securities and Exchange Commission; Sean Egan, Managing Director, Egan-Jones Ratings; FU Wenge, CEO of West Hope Group; The Honorable Robert Hormats, US Under Secretary of State; Kay Koplovitz, Chairman, Liz Claiborne; “pay czar” Ken Feinberg; Maurice Greenberg; NFL Commissioner Roger Goodell; Arianna Huffington, Editor-in-Chief, The Huffington Post; Mark Penn, Chairman & CEO, Burson-Marsteller; Nicholas Pinchuk, Chairman & CEO, Snap-on Inc.; Judge Jed Rakoff; Stephen Roach, Chairman, Morgan Stanley Asia; Wilbur Ross; Andrew Ross Sorkin; Lynn Tilton, Chairman & CEO, Patriarch Partners; Frederick Terrell, Vice Chairman, Credit Suisse; John Whitehead, former co-chairman, Goldman Sachs; Myron Ullman, Executive Chairman, JCPenney; Shirley Yeung, Managing Partner, Dragonrise Capital; among 100 other top opinion leaders across sectors.

Conference sponsors include Alvarez & Marsal; CNBC; Deloitte LLP; PepsiCo; IBM; NYSE Euronext; North Highland; Russell Reynolds Associates; Volt Information Sciences; and UPS.

The “Legend in Leadership Award” was created 20 years ago to honor current and former CEOs who serve as living legends to inspire chief executives across industries, sectors, and nations. Past winners of the award include: American Express CEO Ken Chenault; Ford CEO Alan Mulally; Ratan Tata, CEO of the TATA Group; Myron Ullman, CEO, JCPenney; Infosys founder Nandan Nilekani; Jamie Dimon of JPMorgan Chase; Robert Iger of The Walt Disney Company; Stephen Schwarzman of The Blackstone Group; Roger Enrico of PepsiCo; John Pepper of Procter & Gamble; Don Keough of The Coca-Cola Co.; McKinsey founder Marvin Bower; Jim Kelly of UPS; Vanguard founder Jack Bogle; Ivan Seidenberg of Verizon; Richard Teerlink of Harley-Davidson; Holiday Inn founder Kemmons Wilson; financier Wilbur Ross; and Lou Gerstner of IBM.

The Yale Chief Executive Leadership Institute was founded in 1989 to provide original research on top leadership and lively, current educational forums through peer-driven learning for accomplished leaders across a range of sectors. Visit the Yale CELI website (http://celi.som.yale.edu/) for more information.

For an interview with Jeffrey Sonnenfeld, or to register for the Legend in Leadership Award presentation ceremony and the final conference session, please contact Renée Anastasio, 203-432-9904;
renee.anastasio@yale.edu, or Bonnie Blake, 203-915-4783; bonnie.blake@yale.edu.