Tuesday, December 31, 2013

Union Carbide (Now owned by Dow Chemicals)

Bhopal gas disaster 1984

over 20,000 dead and 150,000 seriously injured.

After 29 years, the fight for financial compensation for the survivors of the world's worst industrial disaster is far from over. The survivors are demanding that the 1989 verdict, in which the Indian government agreed to a $470 million out-of-court settlement, be reopened. The curative petition in the Supreme Court, filed in December 2010, argues against the terms of the 1989 settlement on the plea that it was based on underestimated figures of the dead and injured.

Here's Union Carbide's board of directors:

Rainer E. Gut, age 66, Director since 1994, Chairman of the Board of Directors of Credit Suisse Group, Credit Suisse First Boston and Credit Suisse, all of Zurich, Switzerland.

Vernon E. Jordan, Jr., age 63, Director since 1987,

William H. Joyce, age 63, Director since 1992, Chairman of the Board, President and Chief Executive Officer of Union Carbide Corporation. Annual compensation: $918,750

Robert D. Kennedy, age 66, Director since 1985, Retired Chairman of the Board and Chief Executive Officer of Union Carbide Corporation. Presently Director and Chairman of UCAR International, Inc. Director of Kmart Corporation,

Ronald L. Kuehn, Jr., age 63, Director since 1984, Director, Chairman, President and Chief Executive Officer of Sonat Inc.

Rozanne L. Ridgway, age 63, Director since 1990, former Assistant Secretary of State for Europe and Canada.

James M. Ringler, age 53, Director since 1996, Chairman, President and CEO of Premark International
.
Paul J. Wilhelm, age 57, Director since 1998, President & Director of  USX Corporation

Here's Union Carbide's executives and salaries:
Joseph E. Geoghan Corporate Vice-President, General Counsel and Secretary Salary: $393,750


Lee P. McMaster Corporate Vice-President/ General Manager - Specialty Polymers Salary: $315,000

Joseph C. Soviero Corporate Vice-President, Corporate Ventures Salary $350,000

Roger B. Staub Corporate Vice-President/ General Manager-Unipol Systems Salary $325,000

John K. Wulff Corporate Vice-President, CFO and Controller Salary $316,667


Here's Dow Chemicals' Board of Directors

Andrew N. Liveris President, Chairman & Chief Executive Officer

Arnold A. Allemang-Member of the Board of Directors since 1996

Ajay Banga President and Chief Executive Officer, MasterCard-Member since 2013

Jacqueline K. Barton-Arthur and Marian Hanisch Memorial Professor of Chemistry Member  since 1993

James A. Bell-Former Chief Financial Officer, The Boeing Company;Member since 2005

Jeff M. Fettig-Dow Lead Director; Chairman and CEO, Whirlpool Corporation; Member since 2003

Paul Polman-CEO Unilever PLC and Unilever N.V. Member since February 2010

Dennis H. Reilley-Former Chairman, Covidien, Ltd. Member since 2007

James M. Ringler-Chairman, Teradata Corporation;Member of the Board of Directors since 2001

Ruth G. Shaw-  President and CEO, Duke Power Company; Member since 2005

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