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| "I remember when I was given the opportunity to move into a more managerial business role. I remember thinking, 'Do i want to take that leap?'" -- Stephanie Burns '77 |
Stephanie Burns ’77 never would
have guessed that her love of
organic chemistry would take her
to the top of a multinational
chemical giant.
Mother Nature’s wonders fascinated
Stephanie Burns from childhood: creepy
crawlies, colorful blooms and liquids
stirred into a fizz.
The budding scientist indulged her
curiosity during her undergraduate years
at Florida International University.
Organic chemistry became her passion.
She launched a career at Dow Corning
Corporation in 1983, moving from scientific
development and women’s health
to overseas management and now, executive
leadership.
In January, Burns, 49, became the new
chief executive officer of Dow Corning, a
global leader in silicon-based technology
with 25,000 customers worldwide and
sales last year of $2.83 billion. The FIU
alumna was also recently named the
Michigan Woman Executive of the Year.
From her Midland, Mich. headquarters,
Burns said it has been an exciting
journey from the laboratory to the
boardroom.
“When I think back to what I
thought I wanted to be at 18 or 20 years
old, it was a different course,” Burns
said. “I remember when I was given the
opportunity to move into a more managerial,
business role. I remember
thinking, ‘Do I want to make that leap?’
I felt that fundamental science was a
pure pursuit. The minute I made the
decision, I absolutely loved it. The
biggest drive for me was the customers.”
Burns was a pioneer in her FIU days,
a woman chemist in a profession dominated
by men. Today, as CEO of a major
chemical corporation, she is still an exception.
And while her days are no longer
spent making molecules, she remains a
prominent advocate for women in science
and for the value of education.
In honor of her accomplishments,
Burns has been elected an alumni member
of the University’s chapter of Phi
Beta Kappa, the nation’s most prestigious
honor society. Burns was the
keynote speaker at the Phi Beta Kappa
spring initiation banquet in April.
“We’re proud of all of our students
but we’re especially proud of the ones
who achieve the highest level of success
in the eyes of society and at a personal
level,” said Arthur Herriott, FIU
chemistry professor and former dean
of Arts and Sciences, who was Burns’
mentor at FIU and nominated her for
Phi Beta Kappa.
“She’s been a very active woman in
the sciences,” Herriott said. “That’s
important. The more role models we can
point to, the better it is for the sciences.”
CEO On the Go
Often, the alarm clock goes off at
4:15 a.m. in the Burns home. Heading a
company of 8,200 employees in 33 locations
worldwide demands far more than
the typical 9-to-5 routine.
Only weeks into her new position,
Burns’ daily calendar is packed with meetings,
community commitments and conference
calls with colleagues in Asia that
can last until 10 p.m. Two or three days a
week, she travels to one of the company’s
sites around the U.S., in Europe, Asia,
South America or Australia.
With such a demanding career,
Burns counts herself fortunate that her
husband Gary, also a chemist, is
employed at Dow Corning. The couple
has one grown daughter and two
grandchildren.
“A positive thing has been that there
are a lot of dual-career couples,” Burns
said. “We have a lot of wonderful time
together in terms of work. We’re finding
great balance in our lives.”
For three years, Burns was groomed
for Dow Corning’s top post. In December
2000, she was named executive vice president
and elected to the Board of
Directors. In February 2003, she was
named president and chief operating officer.
The Dow Corning Board of Directors
elected her CEO in December.
“Our Board of Directors’ support for
this move is a strong recognition of the
confidence they have in her,” said
Chairman of the Board Gary Anderson. “As a top executive, Stephanie has
demonstrated her ability to deliver the
results expected by the board.”
She is taking the helm at a promising
time in Dow Corning’s 60-year history.
The company, jointly owned by The
Dow Chemical Company and Corning
Incorporated, is emerging from Chapter
11 financial restructuring with growing
sales and profit. For all of 2003, Dow
Corning’s net income was 25 percent
higher than 2002, after excluding
unusual expenses incurred in 2002.
Burns’ vision for the company includes
expanding into new geographies like
China, India and Russia, as well as
advancing Dow Corning’s specialized
silicone technology in photonics, alternative
energy and biotechnology.
“There are many, many challenges
companies today face, especially chemical
companies,” Burns said. “I’m excited
about it. I like the challenge. We view
this as a huge opportunity for us to grow
the company.” Dow Corning develops and manufactures
products for companies in
health care, beauty, cleaning, aviation,
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