WILMINGTON, Del. - The Chemours Company (NYSE:CC), a prominent player in the global chemical industry, announced today the elevation of Denise Dignam to the permanent roles of President and Chief Executive Officer. Dignam, who has been serving as the Interim CEO since February 2024, also joins the company's Board of Directors with immediate effect.
With over 35 years of industry experience, Dignam has been part of Chemours since 2015, contributing significantly to its Titanium Technologies and Advanced Performance Materials segments, which together accounted for more than two-thirds of the company's net sales last year.
Her leadership in these segments is credited with operational savings and strategic shifts towards customer value and resource efficiency.
Dignam's appointment comes with the endorsement of the Board and Chair Dawn Farrell, who commended her for her proven track record and capability to create shareholder value while adhering to the company's core values and customer commitment.
In her statement, Dignam expressed her dedication to advancing Chemours by focusing on high-value and emerging growth opportunities, operational efficiency, and safety. She also emphasized the importance of transparency and the collective effort of Chemours' employees globally.
Concurrently, Matthew S. Abbott will continue as the Interim Chief Financial Officer while the company seeks a permanent CFO. Abbott's leadership is recognized as pivotal to the company's financial progress and controls environment.
Diane Iuliano Picho is appointed as the Interim President of the Titanium Technologies segment during the search for a permanent segment President. Picho's diverse 40-year career spans R&D, operations, HR, and commercial leadership, bringing a wealth of experience to the role.
Chemours, headquartered in Wilmington, Delaware, operates in various sectors, providing market-defining products and chemistry-based innovations. The company's portfolio includes well-known brands like Ti-Pure™, Opteon™, and Teflon™. It serves a global customer base across approximately 110 countries with about 6,200 employees.
The information in this article is based on a press release statement from The Chemours Company.
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