Management ChangeJul 6, 2026, 04:17 PM
Dow Increases CEO Karen Carter's Compensation
AI Summary
Dow Inc. filed an amendment to its previous 8-K to detail the compensation changes for Karen S. Carter in connection with her appointment as Chief Executive Officer, effective July 1, 2026. The Board approved a significant increase in her annual base salary, annual cash incentive target, and annual long-term incentive target. Additionally, Ms. Carter received a one-time long-term incentive award valued at $4,350,000.
Key Highlights
- Karen S. Carter's annual base salary increased from $997,425 to $1,500,000.
- Annual cash incentive target increased from 120% to 165% of base salary.
- Annual long-term incentive target increased from $5,319,600 to $14,025,000.
- One-time long-term incentive award granted with an aggregate value of $4,350,000.
- One-time award comprises 65% performance stock units, 20% stock options, and 15% restricted stock units.
- Compensation changes are effective as of July 1, 2026.
Price Impact
More from DOW