Chemours Fluoroproducts President Retires; Replacement Named

WILMINGTON, Del., April 29, 2016 /PRNewswire/ -- The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with leading market positions in titanium technologies, fluoroproducts and chemical solutions, announced today that Thierry Vanlancker, president of its fluoroproducts business, is retiring.  Paul Kirsch, senior vice president, supply chain and operations at Henkel AG & Company, will take over Vanlancker's role, relocating to Chemours global headquarters in Wilmington, Delaware.  Vanlancker and Kirsch will work closely together to ensure a smooth transition for customers and other company stakeholders.

"Thierry has been instrumental in beginning the transformation of our fluoroproducts business—part of our larger Chemours five-point transformation plan—and I am confident that Paul will accelerate that work with a clear focus on customers, growth, and delivering results," said Mark Vergnano, Chemours president and CEO.  "Paul brings deep experience on the commercial side from his many former P&L roles, and I have no doubt that under his leadership our fluoroproducts business will achieve greater and faster growth, which ultimately serves the interests of all our company stakeholders."

About The Chemours Company 
The Chemours Company (NYSE: CC) helps create a colorful, capable and cleaner world through the power of chemistry.  Chemours is a global leader in titanium technologies, fluoroproducts and chemical solutions, providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations.  Chemours ingredients are found in plastics and coatings, refrigeration and air conditioning, mining and oil refining operations and general industrial manufacturing.  Our flagship products include prominent brands such as Teflon™, Ti-Pure™, Krytox™, Viton™, Opteon™ and Nafion™.  Chemours has approximately 8,000 employees across 35 manufacturing sites serving more than 5,000 customers in North America, Latin America, Asia-Pacific and Europe.  Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC.  For more information please visit chemours.com or follow Chemours on Twitter at @chemours.

Forward-Looking Statements 
This press release contains forward-looking statements, which often may be identified by their use of words like "plans," "expects," "will," "believes," "intends," "estimates," "anticipates" or other words of similar meaning. These forward-looking statements address, among other things, our anticipated future operating and financial performance, business plans and prospects, transformation plans, resolution of environmental liabilities, litigation and other contingencies, plans to increase profitability, our ability to pay or the amount of any dividend, and target leverage that 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 not guarantees of future performance and are based on certain assumptions and expectations of future events which may not be realized. The matters discussed in these forward-looking statements also are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements, as further described in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the fiscal year ended December 31, 2015. Chemours undertakes no duty to update any forward-looking statements.

The Chemours Company (Chemours) is a global leader in titanium technologies, fluoroproducts and chemical solutions.

CONTACT:

MEDIA: 
Robert Dekker 
Global Corporate Communications Leader 
+1.302.773.4509 
[email protected]

INVESTORS: 
Alisha Bellezza 
Director of Investor Relations 
+1.302.773.2263  
[email protected]

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SOURCE The Chemours Company