DuPont has appointed executive vice president Mark P. Vergnano as CEO of the new, independent $7 billion Performance Chemicals company after its separation from DuPont, which is expected to occur in second quarter 2015. BC Chong and Thierry F.J. Vanlancker will continue to respectively lead the Titanium Technologies and Chemicals and Fluoroproducts businesses within Performance Chemicals.
Vergnano is currently executive vice president of DuPont and his responsibilities include oversight of the Performance Chemicals segment since 2009. With 33 years’ experience at DuPont, Vergnano has held a diverse range of business, manufacturing and technical leadership positions around the world – including leading several global businesses. He is a member of the board of directors of Johnson Controls, Inc. and the U.S. National Safety Council.
As president of the Titanium Technologies business, Chong possesses deep knowledge of the growing Asia Pacific marketplace with most of his 25 years at DuPont based in that region. Chong has been assigned to a variety of business, sales and operations leadership positions before leading the Titanium Technologies business for the last three years.
Vanlancker has served DuPont for 26 years in a wide range of business and sales leadership assignments since joining the company in 1988 in Belgium. In leading the Chemicals & Fluoroproducts business, Vanlancker brings more than a decade of experience in managing fluoro-based businesses as well as strong global marketplace insights.
In October, DuPont announced its intention to separate its Performance Chemicals segment through a tax-free spin-off to shareholders, resulting in two standalone companies.