Chemours Co., a wholly owned subsidiary of DuPont announced that eight individuals have been selected to serve on the company’s board of directors following its spinoff from DuPont. Chemours is comprised of the Performance Chemicals business of DuPont. The spin-off is expected to occur on July 1, with Chemours moving to DuPont’s former corporate headquarters in downtown, with DuPont going to the Chestnut Run site, where Chemours has offices.
The new board members will be Richard Brown, chair of the board, as well as Curtis Anastasio, Bradley Bell, Mary Cranston, Curtis Crawford, Dawn Farrell, Stephen Newlin, and Mark Vergnano.
“I am extremely pleased with the formation of the Chemours Board of Directors,” said Vergnano, executive vice president, DuPont and CEO designate of Chemours. “Our Board brings together the full range of experience and technical knowledge required to oversee Chemours, drawing on a wealth of experience in the chemical industry, finance, operations, innovation and risk management combined with solid business judgment.”
Anastasio (58) currently serves as executive chair of GasLog Partners LP, a global owner, operator, and manager of liquefied natural gas carriers and as vice chair of Par Petroleum Corporation, a diversified energy company.
Bell (62) currently serves as non-executive chair of the board of directors of Momentive Performance Materials Holdings Inc., a global manufacturer of silicones, quartz, and ceramics.
Brown (67) currently serves as chair of Browz, LLC, a global leader of contractor pre-qualification and compliance solutions. He is a former DuPont board member.
Cranston (67) is a retired senior partner and chair emeritus of Pillsbury Winthrop Shaw Pittman, LLC, an international law firm. Prior to her retirement in 2012, Cranston served as chair, chief executive officer and senior partner of Pillsbury. She currently serves on the boards of Visa, Inc. and Juniper Networks, Inc. Crawford (67) currently serves as president and chief executive officer of XCEO, Inc., a consulting firm specializing in leadership and corporate governance. Prior to founding XCEO Inc., he served as president and chief executive officer of Onix Microsystems and Zilog Inc. He is a former DuPont board member.
Farrell (55) currently serves as president and chief executive officer of TransAlta Corporation, an electricity power generator and wholesale marketing company. Prior to becoming president and chief executive officer,
Newlin (62) currently serves as executive chair of PolyOne Corporation, a global provider of specialized polymer materials, services and solutions. Formerly, he served as the chair, president and chief executive officer of PolyOne.
Vergnano (57) will serve as president, chief executive officer and director of Chemours. He is currently executive vice president of DuPont and has had several leadership positions throughout the company including the areas of manufacturing, technology, marketing, sales and business strategy.
