financetom
Business
financetom
/
Business
/
Chemours names Denise Dignam as permanent CEO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Chemours names Denise Dignam as permanent CEO
Mar 22, 2024 2:57 PM

March 22 (Reuters) - Chemours ( CC ) said on Friday it

had appointed chemical industry veteran Denise Dignam as CEO

effective immediately, a month after she took over the role on

an interim basis.

The chemical maker placed its top three executives,

including CEO Mark Newman, on administrative in February and

said it was looking into potential "material weaknesses" in its

financial reporting.

CFO Jonathan Lock and Principal Accounting Officer Camela

Wisel were also placed on leave.

Earlier this month, the internal review showed manipulation

by its senior executives to meet free cash flow targets tied to

their incentives.

The internal review had prompted the company to delay the

reporting of its fourth-quarter and full-year 2023 results.

Chemours ( CC ) is yet to provide a date for the official release.

It said on Friday interim CFO Matthew Abbott will continue

in his role while the company starts the search for a permanent

CFO.

Dignam joined Chemours ( CC ) in 2015 and has more than 35 years of

experience in the chemical industry.

Prior to becoming the interim CEO, she was president of the

Titanium Technologies (TT) unit and the Advanced Performance

Materials (APM) segment - businesses that represented over 68%

of Chemours' ( CC ) net sales in 2023.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Indaptus Therapeutics Sells $2.3 Million of Convertible Notes, Warrants; Shares Fall Pre-Bell
Indaptus Therapeutics Sells $2.3 Million of Convertible Notes, Warrants; Shares Fall Pre-Bell
Jun 13, 2025
08:49 AM EDT, 06/13/2025 (MT Newswires) -- Indaptus Therapeutics ( INDP ) said Friday it sold about $2.3 million of convertible promissory notes and accompanying warrants in a private placement. A health care-focused institutional investor led the transaction in an ongoing offering, in which Indaptus is looking to raise gross proceeds of up to $5 million, the company said. Indaptus...
Air France-KLM CEO voices confidence in Boeing 787
Air France-KLM CEO voices confidence in Boeing 787
Jun 13, 2025
PARIS, June 13 (Reuters) - The head of Air France-KLM voiced confidence in the Boeing 787 Dreamliner as he expressed condolences to Air India and those affected by the deadly crash of a London-bound passenger jet in Ahmedabad on Thursday. We still have confidence in the airplane; we have 34 787s in the KLM fleet, Ben Smith, CEO of the...
Sector Update: Consumer
Sector Update: Consumer
Jun 13, 2025
08:49 AM EDT, 06/13/2025 (MT Newswires) -- Consumer stocks were falling pre-bell Friday as the Consumer Staples Select Sector SPDR Fund (XLP) was 0.2% lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) was recently down 1.3%. RH (RH) shares were nearly 20% higher after the company reported that it swung to fiscal Q1 adjusted earnings as revenue increased...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved