Just looking at Google news I found out that Dow Chemical axed their CEO, Michael Parker (btw nice tie, is that crocodile?)
The new CEO is William Stavropoulos (who actually was the CEO during the Union Carbide/Dow merger...)

The decision was based solely on disappointing financial performance, it's a pity they denied these words, maybe they would have noticed that Mr. Parker actually cared about the shareholders, instead now they blame him! The corporate world is a jungle nowadays.