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In an attempt to put additional pressure on Dow Chemical, Third Point CEO Daniel Loeb has created a new website, value-dow.com. The New York activist fund manager says the site "will serve as a central repository of information for investors who share Third Point's concerns about Dow's persistent under-earning, questionable capital allocation decisions, and lack of accountability to stakeholders." In a press release, Loeb said his firm has also created an advisory board of executives with restructuring experience who are providing guidance on how to boost value at the chemical colossus. The board includes R. Steve Miller, the current chairman of American International Group, and Raymond J. Milchovich, chairman, CEO and president of Foster Wheeler AG from 2001 to 2011. Both individuals received a long-term compensation deal with Third Point "related to their work on Dow that fully aligns them with shareholders," according to the announcement. Loeb's move comes one day after Dow boosted its dividend by 14 percent and announced a new $5 billion share repurchase program, bringing the total program to $9.5 billion.