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Dignam appointed Chemours president and CEO

USA: Chemours has confirmed interim CEO Denise Dignam as president and CEO and a member of the board of directors with immediate effect.

Dignam takes over from Mark Newman who was placed on administrative leave last month, along with CFO Jonathan Lock and principal accounting officer Camela Wisel.

A subsequent internal review prompted allegations that the executives had delayed payments and accelerated the collection of receivables to meet free cash flow targets. 

Dignam joined Chemours in 2015 and was previously president of Chemours’ Titanium Technologies and Advanced Performance Materials segments.

Matthew S Abbott will continue as interim CFO until a successor is appointed.

Related stories:

Chemours execs violated code of ethics7 March 2024
USA: Chemours claims that the members of its senior management placed on administrative leave last week violated its code of ethics and displayed a “lack of transparency” to the company’s board. Read more…

Chemours places CEO on administrative leave – 29 February 2024
USA: Chemours has placed its president and CEO Mark Newman, CFO Jonathan Lock and principal accounting officer Camela Wisel on administrative leave pending the completion of an internal review. Read more…

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