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William F. Banholzer is an executive vice president leading Dow Chemical Company’s Venture Capital, New Business Development, and Licensing activities, and is also Dow’s chief technology officer. He chairs the company’s Innovation and New Business Development Committee, which oversees investments in new technologies and major business initiatives. He is also a member of the board of directors for the Dow Corning Corporation, chairs the Corporate Responsibility Committee, and serves on the Dow AgroSciences Members Committee and the Dow Foundation Board of Directors.
Dr. Banholzer manages a portfolio of research programs at Dow with an annual budget of $1.7 billion. He sets the company’s vision for science and technology and leads the execution of that vision. Under his leadership the value of Dow’s innovation pipeline has tripled from $10 billion to over $32 billion. His efforts to accelerate Dow’s technology development were recognized by R&D Magazine, where Dow was ranked in the top ten for R&D in all industries; and a recent Booz Allen study ranked the company’s innovation portfolio management “Best in Class.” Dr. Banholzer also received the Industrial Research Institute’s Holland Award for R&D management and the Council of Chemical Research’s Pruitt Award for his innovative approach to research collaborations.
Dr. Banholzer had a 22-year career with General Electric Company (GE) before joining Dow. He joined GE in 1983 as a staff chemical engineer and held numerous leadership roles, including head of R&D for Superabrasives and of GE Lighting. He received numerous GE honors: the Bronze, Silver, and Gold Patent Awards; Superabrasives Leadership Award; Plastics CEO Six Sigma Award; and election to the Whitney Gallery of Technical Achievers. He left GE as vice president of Global Technology at GE Advanced Materials, where he was responsible for worldwide technology and engineering.
Dr. Banholzer earned a bachelor’s degree in chemistry from Marquette University and master’s and doctorate degrees in chemical engineering from the University of Illinois. He is a certified Six Sigma Master Black Belt.