Michael Doty Email and Phone Number

• Helped lead the Program Coordination Office supporting the $130Bn Merger-of-Equals between Dow and DuPont. Program office had responsibility for all phases of the transaction including the merger, realigning businesses to the new divisions, standing up the new divisions and delivering the Spin transactions• Interfaced regularly with Executive Leadership to update on transaction progress and resolve key issues• Led the integration management activities for the Materials Science Division (Dow) including preparations required to ensure business continuity throughout all phases of transaction and early realization of synergies• Coordinated with nearly 30 joint work streams engaged to deliver requirements for close, stand, spin• Worked closely across Divisions to track and resolve matters identified with the separation and transfer of heritage Dow businesses• Managed cross functional Spin Readiness team to deliver a seamless and timely execution of the Spin of Dow• Planned and executed Leadership Summits for Global Leadership Team to align on strategy and develop contingencies for key challenges

• Oversaw Finance organization including Treasury, Tax and Controllers supporting Dow’s business in the Region• Collaborated closely with Business and Geographic Leadership to both grow and improve quality of business• Managed relationships with financial institutions to improve access to local funding sources• Drove deeper financial discipline across all functions, connecting corporate priorities to regional initiatives

• Managed variety of capital markets activities including account receivable securitization, commercial paper, letters of credit and revolving credit lines • Analyzed local borrowing opportunities to maximize financial flexibility and reduce financing costs

• Maintained North America banking infrastructure of over 240 external accounts• Managed intercompany lending process, including borrowing rate calculations, on $80bn intercompany loan portfolio• Performed back office derivative and debt transaction settlements• Worked closely with Treasury Leadership to expand Dow’s in house bank services

• Led the management of credit risk for 1,600 customers with total accounts receivable of over $700MM• Set credit management strategy allowing mitigation of over $60MM in risk while improving customer delinquency by over 2% and delivering in excess of $15MM in corporate free cash flow

• Completed regular analysis of capital structure and cash flow forecast• Forecasted and managed foreign currency balance sheet exposures in excess of $800MM• Developed reporting system consolidating data from key treasury activities for senior management• Implemented process to improve accuracy of corporate financial position and financial expense forecasts

• Created financial model for economic valuation of acquisition targets in excess of $1Bn• Modeled and analyzed financial and strategic impact of $18.5bn acquisition of Rohm & Haas• Performed strategic and financial analysis on corporate portfolio to aid corporate investment decisions

• Calculated pro-forma income statements of competitors to use in benchmarking and strategic positioning• Prepared detailed profiles of global competitors containing strategic and market analysis