Heinz Haller has been appointed corporate vice president of Strategic Development and New Ventures for The Dow Chemical Company. His appointment includes executive responsibility for Dow Agricultural Sciences.

Haller will assume his new role on June 1, 2006, succeeding Phillip H. Cook, who will retire effective Oct. 1.

Reporting to Andrew N. Liveris -- Dow's president, CEO and chairman-elect, Haller will join the office of the chief executive. There, he will be responsible for spearheading the Dow's long-term strategic agenda, driving corporate development opportunities and providing specific counsel to Liveris in his role as chairman of the board.

In addition to Strategic Development and New Ventures, Haller will also take executive responsibility for Dow Agricultural Sciences and the Company's Licensing businesses worldwide.

Haller is currently managing director of Allianz Capital Partners, based in Munich, Germany, a position he has held since joining the company in March 2002. Before that, he spent two years as chief executive officer of Red Bull Sauber AG and Sauber Petronas Engineering AG, and five years as managing director of the chemical distribution company, Pluess-Staufer AG.

Prior to joining Pluess-Staufer in 1994, Haller had worked with Dow for almost 15 years, based in Europe. He joined the Company in 1980 as a sales representative in Horgen, Switzerland, and subsequently developed his career in a variety of marketing and commercial positions across a number of different Dow businesses. He will relocate from Munich to Midland, Mich.

Dow is a diversified chemical company that harnesses the power of science and technology to improve living daily. The company offers a broad range of innovative products and services to customers in more than 175 countries Dow has annual sales of $46 billion and employs 42,000 people worldwide.

SOURCE: The Dow Chemical Company via PR Newswire.