Hansen, 50, has been employed by Dow Corning for 29 years and was named president in November 2010. He will continue to serve as president.
In the six months Bob has served as president he has brought focused attention to creating the capabilities needed to support Dow Cornings growth, said Burns. With Bobs record of strong business leadership and results, our board of directors and I are very confident in his ability to lead Dow Corning in a new era of global expansion, technological exploration, and sustainable innovation.
As chairman, I will remain deeply engaged providing counsel and advice on the companys business strategy, as well as support to Bob as he transitions into his new role and I prepare for retirement, added Burns.
Weve experienced tremendous growth in this company in the past several years, said Hansen. Under Stephanies leadership, Dow Corning has grown from a $2 billion company to a $6 billion company. Across the globe, with employees far and wide, she has reignited our passion for innovation. We are well down the path to achieving our vision because of her leadership.
I speak for the eleven thousand employees at Dow Corning who are grateful to her for giving us the legacy of innovation, a commitment to sustainable growth and most importantly, the pure dedication and passion she has brought to this company every day.
Hansen joined Dow Cornings Finance function in 1982, in Midland. Six years later, he relocated to Brazil as regional finance manager, returning to the U.S. in 1992 as economic evaluator and controller for the Rubber business. Hansen became the manager for the South American region in 1996. Following that, he had numerous roles including product line management, procurement director and global oversight for Dow Cornings Construction business before being named European Area president in 2002.
Hansen was named vice president and general manager of the Core Products Business in 2005, and was subsequently promoted to executive vice president.
A graduate of Valparaiso University, with a bachelor of science degree in business administration, Hansen now serves on the universitys board of directors. He is also actively involved in the community serving on the board of directors for Junior Achievement of Central Michigan and Midland County United Way. He was the chair of Midlands 2010 United Way campaign.
Hansen is a native of Midland, where he and his wife, Kathy, now reside. They have two grown children and one grandchild.
