Dow Chemical CEO: "We May Be More Active in Greece After Six Months"

Andrew Liveris, Chairman and CEO of The Dow Chemical Company, in an exclusive interview with the Greek Reporter, spoke about investing in Greece and the possibility of being an elected politician in the future.

Liveris stressed the idea that Greece needs solutions beyond austerity.

“I think that the growth program of Greece beyond austerity needs to be a little more crystal clear.”

Liveris, also touched upon the possibility of Dow investing in Greece and clarified that currently his company is not interested in purchasing Greek public assets, such as the Greek National Gas Company that has been up for sale. Watch the full video interview below:


“We need to put private business in Greece, in business, beyond the privatization of state enterprises. I think that the first phase of privatizations needs to be done well. You will see us being more active in the next six months,” said Liveris, leaving open the possibility for Dow to invest in Greece but not by purchasing public assets.

Besides being the highest ranking executive of one of the world’s largest conglomerates, Liveris serves as Co-Chair of President Obama’s Advanced Manufacturing Partnership and is the author of Make It in America. Past media reports had named Liveris a candidate for Secretary of Energy, the top energy job in the US.

Speaking to us about a future in politics, he left open the possibility but pointed out that he can suggest policy from his current position and that he will keep doing his job for as long as the Dow board supports him.

“If there is something for me in public life that includes helping countries work together, if it includes being an elected official, I will look at it at the time, but not an answer from me today.”

The Greek-Australian now resides in Michigan and has been working for The Dow Chemical Company for more than three decades.

His career in the company has spanned manufacturing, engineering, sales, marketing, and business and general management. 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, then named CEO in November 2004. He was elected as Chairman of the Board on April 1, 2006.