Company well-positioned to drive key business
priorities
The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry
company with leading market positions in Titanium Technologies,
Thermal & Specialized Solutions, and Advanced Performance
Materials, today announced that Susan Kelliher, Senior Vice
President, People has formalized her intention to retire from
Chemours at the end of September 2023. As a part of her transition
plan, effective October 1, Mrs. Kelliher will serve as a strategic
advisor to the company, focused exclusively on organizational
effectiveness, reporting directly to CEO Mark Newman. With this
change, effective October 1, Ron Charles, Vice President of Talent
and Culture and Human Resources Business Partner (HRBP) for
Titanium Technologies, will be promoted to Senior Vice President,
People, leading all aspects of the human resources function.
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Ron Charles, Senior Vice President of
People at Chemours (Photo: Business Wire)
Susan Kelliher, Strategic Advisor to the
CEO Mrs. Kelliher has over 30 years of human resources
experience and has served since 2017 as a member of the Chemours
executive team. At Chemours, Mrs. Kelliher built an extremely deep
talent bench that fueled the impressive performance of its
businesses. To attract high-caliber professionals, she implemented
pay transparency and transformed the landscape of employee benefits
to best-in-class by introducing offerings such as flexible work
schedules, extended parental leave, an enhanced wellness program,
student loan assistance, and adoption support. Susan’s passion for
developing the best and brightest people from different backgrounds
and experiences produced the most diverse workforce and executive
team in our history. She complemented this achievement by creating
the company’s first Diversity Council, which she served as
executive sponsor. She also led the institution of Great Place to
Work Certification™ as an insightful measure of employee sentiment
and to crystallize opportunities for continuous workplace
improvement. As a result, the company realized better than market
retention rates and achieved the high honor of Great Place to Work
Certification™ three times in the U.S. and in 14 additional regions
for 2023-2024.
Chemours President and CEO Mark Newman expressed his gratitude
for Kelliher’s contributions as a part of his executive team. Said
Newman, “Susan’s focus on organizational health and attracting and
developing talent to reach their full potential have delivered
stellar results and been a powerful catalyst for change within
Chemours. Her work has reached every corner of this company, and we
will feel her impact for years to come.”
Ron Charles, SVP People Function
Mr. Charles takes on his new executive role with 24 years of human
resources, manufacturing, and labor relations experience, including
18 plus years in the chemical industry. During his six-year tenure
with Chemours, Mr. Charles has contributed to Chemours’ performance
through various HR leadership assignments spanning the
fluoroproducts, fluorochemicals, and titanium technologies
businesses. He has also led the personnel aspects of several
large-scale, transformative business initiatives, including the
Southern Ionics Minerals acquisition and the divestiture of the
methylamines business line. Leveraging his deep frontline workforce
experience, Mr. Charles has made a meaningful impact on Chemours
plant sites by automating the company-wide time and attendance
system, which improved process efficiency and effectiveness. He
also played a leadership role in forming the strategy and approach
to negotiations and optimization of labor contracts at critical
manufacturing locations. More recently, he expanded his
responsibility to include leadership of the Culture and Talent
organization, where he assembled a high-performance team, upgraded
the talent acquisition process, and developed programs, policies,
and tools for frontline and office employees.
Before Chemours, Mr. Charles held various leadership positions
with Phillips 66, Albemarle Corporation, Frito Lay, and Texas
Instruments. There, he gained deep experience serving as the HR
leader of billion-dollar business units and their frontline
workforce and leading the people aspects of complex mergers,
divestitures, and organizational restructures.
Mr. Newman said, “Ron is a trusted advisor who brings a wealth
of knowledge in strategically managing HR for an evolving company
like Chemours. Plus, his deep manufacturing and labor relations
experience will bring tremendous insight as we look to maximize the
performance of our plant sites which represent 75% of our
workforce. Ron’s unique perspective and ability to find simple
solutions to complex HR challenges make him critical to our
continued success and a welcome addition to the executive
team.”
“With Ron’s announcement, we have achieved key changes to our
executive leadership team and well positioned Chemours to focus on
our five strategic priorities. I am confident this team will work
together with courage, agility, and drive to realize our full
potential in the company’s next chapter,” concluded Newman.
About The Chemours Company The Chemours Company (NYSE:
CC) is a global leader in Titanium Technologies, Thermal &
Specialized Solutions, and Advanced Performance Materials providing
its customers with solutions in a wide range of industries with
market-defining products, application expertise and chemistry-based
innovations. We deliver customized solutions with a wide range of
industrial and specialty chemicals products for markets, including
coatings, plastics, refrigeration and air conditioning,
transportation, semiconductor and consumer electronics, general
industrial, and oil and gas. Our flagship products are sold under
prominent brands such as Ti-Pure™, Opteon™, Freon™, Teflon™,
Viton™, Nafion™, and Krytox™. The company has approximately 6,600
employees and 29 manufacturing sites serving approximately 2,900
customers in approximately 120 countries. Chemours is headquartered
in Wilmington, Delaware and is listed on the NYSE under the symbol
CC.
For more information, we invite you to visit chemours.com or
follow us on Twitter @Chemours or LinkedIn.
Forward-Looking Statements This press release contains
forward-looking statements, within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, which involve risks and uncertainties.
Forward-looking statements provide current expectations of future
events based on certain assumptions and include any statement that
does not directly relate to a historical or current fact. The words
"believe," "expect," "will," "anticipate," "plan," "estimate,"
"target," "project" and similar expressions, among others,
generally identify "forward-looking statements," which speak only
as of the date such statements were made. These forward-looking
statements may address, among other things, the outcome or
resolution of any pending or future environmental liabilities, the
commencement, outcome or resolution of any regulatory inquiry,
investigation or proceeding, the initiation, outcome or settlement
of any litigation, changes in environmental regulations in the U.S.
or other jurisdictions that affect demand for or adoption of our
products, anticipated future operating and financial performance
for our segments individually and our company as a whole, business
plans, prospects, targets, goals and commitments, capital
investments and projects and target capital expenditures, plans for
dividends or share repurchases, sufficiency or longevity of
intellectual property protection, cost reductions or savings
targets, including those related to the closing of Chemours’ Kuan
Yin manufacturing site located in Taiwan, plans to increase
profitability and growth, our ability to make acquisitions,
integrate acquired businesses or assets into our operations, and
achieve anticipated synergies or cost savings, all of which are
subject to substantial risks and uncertainties that could cause
actual results to differ materially from those expressed or implied
by such statements. Forward-looking statements are based on certain
assumptions and expectations of future events that may not be
accurate or realized, such as full year guidance relying on models
based upon management assumptions regarding future events that are
inherently uncertain. These statements are not guarantees of future
performance. Forward-looking statements also involve risks and
uncertainties that are beyond Chemours' control. Matters outside
our control, including general economic conditions and the COVID-19
pandemic, have affected or may affect our business and operations
and may or may continue to hinder our ability to provide goods and
services to customers, cause disruptions in our supply chains such
as through strikes, labor disruptions or other events, adversely
affect our business partners, significantly reduce the demand for
our products, adversely affect the health and welfare of our
personnel or cause other unpredictable events. Additionally, there
may be other risks and uncertainties that Chemours is unable to
identify at this time or that Chemours does not currently expect to
have a material impact on its business. Factors that could cause or
contribute to these differences include the risks, uncertainties
and other factors discussed in our filings with the U.S. Securities
and Exchange Commission, including in our Quarterly Report on Form
10-Q for the quarter ended June 30, 2023 and in our Annual Report
on Form 10-K for the year ended December 31, 2022. Chemours assumes
no obligation to revise or update any forward-looking statement for
any reason, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230913730243/en/
INVESTORS Brandon Ontjes VP, Financial
Planning & Analysis and Investor Relations
+1.302.773.3300 investor@chemours.com
Kurt Bonner Manager, Investor Relations
+1.302.773.0026 investor@chemours.com
NEWS MEDIA Cassie Olszewski Manager, Media
Relations & Financial Communications
+1.302.219.7140 media@chemours.com
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