USA: Mark Vergnano, executive vice president of DuPont, rang the bell to open trading on the New York Stock Exchange today.
The honour marks Wednesday’s expected spin-off from DuPont of the Chemours Company, the new name for its refrigerants business.
“Just as today’s bell-ringing ceremony signals the opening of a new trading day for the stock exchange, it marks a new and exciting beginning for Chemours as well,” said Mark Vergnano, the soon to be ceo of the new business.
“In just two days, we will complete our transition to an independent, publicly traded company that has both the wisdom and experience of 200 years as DuPont and the energy of a start-up out to make a name for itself,” he continued.
“As The Chemours Company, we will enjoy leading market positions in titanium technologies, fluoroproducts and chemical solutions, positions propelled and sustained by our commitment to technology leadership, safer and more efficient processes, leading application development, and world-class products and enabling ingredients. We will be a nimble and responsive corporation that will define our success by our customers’ successes, as well as the value we bring to our shareholders. This is an exciting day for us all.”
The New York Stock Exchange opening bell marks the beginning of each day’s trading. The bell has been rung at the NYSE’s current location since 1903 and began having special guests ring the bells on a regular basis in 1995.