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Dow Inc Executive Compensation (FY25)

DOW · Executive and director compensation, fiscal 2022 to 2025

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Data as of September 7, 2026Latest filing (8-K): April 14, 2026
11 filings cited on this page
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Dow Inc brief$1,500Get the executive brief
318 figures on this page: 311 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Jim Fitterling
Latest say-on-pay support
=
April 9, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jim Fitterling: $19,064,099 → $19,078,777 (0.1% higher)
Say-on-pay support: 92.0% → 91.4% (0.6 points lower)
CEO pay ratio: 213:1 → 207:1 (2.8% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Dow Inc's chief executive and what were they paid?
Total compensation for Jim Fitterling, Chair and Chief Executive Officer, came to $19,078,777 in fiscal 2025. Fitterling's total was 0.1% higher than the $19,064,099 reported for fiscal 2024.
What was Dow Inc's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 91.4% of votes cast for or against in favor at the meeting held April 9, 2026.
Which companies are in Dow Inc's peer group?
Companies named in the disclosed peer group include 3M Company, Archer Daniels Midland Company, Caterpillar Inc., ConocoPhillips Company and Deere & Company, among others.
What is Dow Inc's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 207:1, against median employee compensation of $91,995.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jim Fitterling
Chair and Chief Executive Officer
◇—◇◇◇◇◇◇
Howard Ungerleider
Former President and Chief Financial Officer
◇—◇◇◇—◇◇
A. Sreeram
Senior Vice President, Research & Development and Chief Technology Officer
◇—◇◇◇—◇◇
Amy Wilson
General Counsel and Corporate Secretary
◇—◇◇◇◇◇◇
John Sampson
Senior Vice President, Operations, Manufacturing and Engineering
◇—◇◇◇◇◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jim Fitterling
Chair and Chief Executive Officer
◇—◇◇◇◇◇◇
Howard Ungerleider
Former President and Chief Financial Officer
Departed during or after this year
◇—◇◇◇◇◇◇
John Sampson
Senior Vice President, Operations, Manufacturing and Engineering
◇—◇◇◇◇◇◇
Amy Wilson
General Counsel and Corporate Secretary
◇—◇◇◇◇◇◇
A. Sreeram
Senior Vice President, Research & Development and Chief Technology Officer
◇—◇◇◇◇◇◇
Jeffrey Tate
Chief Financial Officer
◇—◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jim Fitterling
Chair and Chief Executive Officer
◇—◇◇◇◇◇◇
Jeffrey Tate
Chief Financial Officer
◇—◇◇◇—◇◇
A. Sreeram
Senior Vice President, Research & Development and Chief Technology Officer
◇—◇◇◇◇◇◇
Amy Wilson
General Counsel and Corporate Secretary
◇—◇◇◇◇◇◇
Mauro Gregorio
Former President, Performance Materials & Coatings
Departed during or after this year
◇—◇◇◇—◇◇
John Sampson
Senior Vice President, Operations, Manufacturing & Engineering
◇—◇◇◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jim Fitterling
Chair and Chief Executive Officer
◇—◇◇◇◇◇◇
Karen Carter
Chief Operating Officer
◇—◇◇◇◇◇◇
Jeffrey Tate
Chief Financial Officer
◇—◇◇◇◇◇◇
Amy Wilson
General Counsel and Corporate Secretary
◇—◇◇◇◇◇◇
A. Sreeram
Senior Vice President, Research & Development and Chief Technology Officer
◇—◇◇◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
A. SreeramOPTION◇——◇—◇◇
A. SreeramRSU◇——◇——◇
A. SreeramPSU◇—◇—◇—◇
Amy WilsonRSU◇——◇——◇
Amy WilsonOPTION◇——◇—◇◇
Amy WilsonPSU◇—◇—◇—◇
Jeffrey TateOPTION◇——◇—◇◇
Jeffrey TatePSU◇—◇—◇—◇
Jeffrey TateRSU◇——◇——◇
Jim FitterlingPSU◇—◇—◇—◇
Jim FitterlingOPTION◇——◇—◇◇
Jim FitterlingRSU◇——◇——◇
Karen CarterRSU◇——◇——◇
Karen CarterPSU◇—◇—◇—◇
Karen CarterOPTION◇——◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jim FitterlingOption◇—◇02/13/2035
Option◇—◇02/15/2034
Option◇—◇02/09/2033
Amy WilsonOption◇—◇02/13/2035
Option◇—◇02/15/2034
Option◇—◇02/09/2033
Jeffrey TateOption◇—◇02/15/2034
Option◇—◇02/13/2035
Karen CarterOption◇—◇02/09/2033
Option◇—◇02/15/2034
RSU◇◇——
Option◇—◇02/13/2035
A. SreeramOption◇—◇02/15/2034
Option◇—◇02/09/2033
Option◇—◇02/13/2035
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
A. Sreeram
Senior Vice President, Research & Development and Chief Technology Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance cash amount◇
Benefits continuation on change in control◇
Benefits continuation◇
Amy Wilson
General Counsel and Corporate Secretary · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance cash amount◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Jeffrey Tate
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance cash amount◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard K. Davis
Lead independent director
◇◇————◇
Jeff M. Fettig
◇◇————◇
Jacqueline C. Hinman
◇◇————◇
Samuel R. Allen
◇◇————◇
Jill S. Wyant
◇◇————◇
Daniel W. Yohannes
◇◇————◇
Debra L. Dial
◇◇————◇
Jerri DeVard
◇◇————◇
Wesley G. Bush
◇◇————◇
Gaurdie E. Banister Jr
◇◇————◇
Luis Alberto Moreno
◇◇————◇
Rebecca B. Liebert
◇◇————◇
Jim Fitterling served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • 3M Company MMM
  • Archer Daniels Midland Company ADM
  • Caterpillar Inc. CAT
  • ConocoPhillips Company COP
  • Deere & Company DE
  • Ecolab Inc. ECL
  • Honeywell International Inc. HON
  • Johnson Controls International Plc JCI
  • Kimberly-Clark Corporation KMB
  • Linde PLC LIN
  • Lockheed Martin Corporation LMT
  • LyondellBasell Industries N.V. LYB
  • Mondelēz International, Inc. MDLZ
  • Pfizer Inc. PFE
  • PPG Industries, Inc. PPG
  • RTX Corporation RTX
  • The Boeing Company BA
  • The Bristol-Myers Squibb Company BMY
  • The Coca-Cola Company KO
  • The Sherwin-Williams Company SHW

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 9, 2026=◇◇◇
2024April 10, 2025=◇◇◇
2023April 11, 2024=◇◇◇
2022April 13, 2023=◇◇◇
2021April 14, 2022=◇◇◇
2020April 15, 2021=◇◇◇
2019April 9, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Dow Inc disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Dow Inc sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
318 figures on this page: 311 cited to the filing that reported them, 7 calculated from figures it prints.
311 cited to the filing
7 calculated from the filing

Documents cited

  1. 0001193125-26-153769
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-082583
    CEO Pay Ratio · Compensation Discussion and Analysis · Director Compensation · Grants of Plan-Based Awards · and 3 more sections
  3. 0001193125-25-081499
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000950170-25-029994
    Compensation Tables & N
  5. 0001193125-24-096233
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001193125-24-055895
    SUMMARY COMPENSATION TABLE
  7. 0001193125-23-105102
  8. 0001193125-23-059993
    Summary Compensation Table
  9. 0001193125-22-108161
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001193125-21-119556
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001193125-20-105340
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Dow Inc executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/DOW (accessed 2026).
Short form: data: Velarion

The Dow Inc brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
11 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Dow Inc discloses

The companies named in DOW's own disclosed peer group.

3M CompanyArcher Daniels Midland CompanyCaterpillar Inc.ConocoPhillips CompanyDeere & CompanyEcolab Inc.Honeywell International Inc.Johnson Controls International PlcKimberly-Clark CorporationLinde PLCLockheed Martin CorporationLyondellBasell Industries N.V.Mondelēz International, Inc.Pfizer Inc.PPG Industries, Inc.RTX CorporationThe Boeing CompanyThe Bristol-Myers Squibb CompanyThe Coca-Cola CompanyThe Sherwin-Williams Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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