The Chemours Co. recently announced the appointment of Denise Dignam, current interim chief executive officer, to the positions of president and chief executive officer and a member of the board of directors. The appointment became effective immediately.
Having joined Chemours in 2015, Dignam brings over 35 years of experience in the chemical industry where she has held senior roles in business and operations, sales and marketing, commercialization, and supply chain. She had served as interim chief executive officer since February 2024, and prior to that held the positions of president, Titanium Technologies (TT) segment, and president, Advanced Performance Materials (APM) segment — two businesses that represented over 68% of Chemours’ net sales in 2023. Chemours reports that as president of Titanium Technologies, Dignam stood up the TT Transformation Plan, delivered significant operational savings in 2023, refocused the portfolio to deliver more customer value, and developed process improvements for better resource utilization across the manufacturing circuit. The company also reports that during her tenure on Advanced Performance Materials, she reshaped the portfolio to focus resources on secular growth opportunities in Clean Energy and Advanced Electronics. She also drove strategic partnerships and initiatives across the globe, and improved the overall cost structure of the business, laying the foundation for further cost optimization.
Dignam commented, “I am excited and honored to take on the role of president and CEO. Chemours is defined by its leading chemistries, the customer applications that our chemistries enable, our manufacturing capabilities, and as importantly, our people and core values. Looking ahead I will be focused on strengthening our portfolio with high-value and emerging growth opportunities, and ensuring we are operating as efficiently, effectively, and safely as possible. I am committed to continuing to lead with transparency as we do the hard work required to keep building our businesses for today and into the future. I want to thank our Chemours employees around the world, who are the cornerstone of our success, and our customers and partners for their continued support.”
The company also reported that Matthew S. Abbott, interim chief financial officer (CFO), will continue in his role while Chemours starts a comprehensive search for a permanent CFO. “Matt is an incredible partner,” said Dignam. “His tireless efforts and leadership have been integral to Chemours’ progress to this point and will continue to be critical as we navigate the road ahead of us. Matt has made it clear that he is committed to leading the Finance organization, building a strong controls environment, and ensuring the delivery of our financial reporting and disclosures, while we conduct our search for a permanent CFO to further enhance our capital structure and achieve shareholder value.”
Additionally, Diane Iuliano Picho, vice president of Human Resources and chief of staff, Titanium Technologies, will step in as interim president, Titanium Technologies, while the company conducts a comprehensive search for a permanent segment president. The company reports that Picho brings to the role demonstrated business acumen over a 40-year career that includes experiences in R&D, operations, HR, sales, marketing, and commercial leadership. Previously, Picho was the vice president of Commercial Operations for the Advanced Performance Materials segment where she led product management, supply chain and demand planning, and competitive intelligence. Before Chemours, Picho held business roles of increasing responsibility at E.I. du Pont de Nemours, which she joined in 1983.
Learn more about The Chemours Co. at www.chemours.com.