МОSCOW (MRC) -- The Chemours Company ("Chemours"), a wholly owned subsidiary of E. I. du Pont de Nemours and Company ("DuPont"), announced that, effective immediately, E. Bryan Snell will assume the role of President of the Titanium Technologies business, said the company.
Snell has extensive experience in the Titanium Technologies business having first joined Titanium Technologies in 1992 as production unit manager. Since that time, Snell has held a variety of global leadership roles in the Titanium Technologies business. His previous position as senior vice president of productivity and strategy will be eliminated.
"Bryan's robust business acumen, as well as his impressive sales, marketing and manufacturing experience will prove invaluable in furthering the growth and development of Titanium Technologies," stated Mark P. Vergnano, executive vice president, DuPont and CEO Designate of Chemours.
Mr. BC Chong, who led the Titanium Technologies business since January 2011, has made the decision to pursue new career opportunities.
As MRC informed earlier, last Wednesday, Dupont shareholders flatly rejected a contentious campaign by Nelson Peltz and his Trian Fund Management L.P for seats on the board of the 212-year-old company. That fight led DuPont to move up its public relations campaign about the upcoming spinoff of Chemours. The spinoff is expected to occur July 1.
A wholly-owned subsidiary of DuPont, The Chemours Company is a global leader in titanium technologies, fluoroproducts and chemical solutions, providing its customers in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. Chemours ingredients are found in plastics and coatings, refrigeration and air conditioning, mining and oil refining operations and general industrial manufacturing.
DuPont is an American chemical company that was founded in July, 1802. The company manufactures a wide range of chemical products, leading extensive innovative research in this field. The company is the inventor of many unique plastics and other materials, including neoprene, nylon, Teflon, Kevlar, Mylar, Tyvek, etc. DuPont was the developer and main producer of Freon used in the production of refrigeration equipment.