Parks joined Dow in 2010 as the global business director for Lightweight Materials and Government Markets. In this role he was responsible for developing Dow’s global strategy in lightweight materials with a specific focus on industrial applications including wind, transportation, civil infrastructure and defense. In 2012 he led the negotiations with Turkey- based Aksa Acrylic, the world’s largest acrylic fiber manufacturer, that resulted in the formation of DowAksa, a 50:50 Joint Venture between Dow and Aksa for the production of Carbon Fiber and Carbon Fiber Composites. Parks served as a BOD member of DowAksa from 2012-2015, eventually becoming CEO in late 2015. During his term as CEO DowAska has nearly doubled its turnover, and has won large scale contracts in the wind industry, as well as major development projects in the Middle East.
Parks came to Dow with more than 25 years of experience in the US military and in various market development and government development roles in Michigan. Prior to his start with Dow, he led the State of Michigan’s business development and attraction efforts as Senior Vice President, Business Development & Attraction at the Michigan Economic Development Corporation (MEDC). During his tenure, Michigan successfully attracted close to $5 billion worth of private and public investments to establish a globally-competitive American advanced energy storage cluster, including close to $1.5 billion in federal grants through the 2009 Recovery Act. He also implemented a statewide economic growth strategy to align Michigan’s indigenous economic strengths with clean energy investments in wind, solar, bioenergy, lightweight materials and other sectors. Parks is a graduate of Lake Superior State University and a retired U.S. Army Intelligence Officer. Parks is based in Istanbul, Turkey.