Wilmington, Delaware
February 27, 2008
Company addressing growing global demand for biotech-based
materials, fuel, food, feed
DuPont today announced
leadership changes to strengthen its leading biotechnology
position and better serve the growing global demand for the
company’s biotech-based innovations in materials, food, feed and
fuel markets.
“Across its business segments, DuPont is integrating biology
with its expertise in chemistry to deliver its biotechnology
pipeline to the marketplace. DuPont has stepped up its efforts,
including today’s leadership changes, to accelerate
commercialization of its bio-based technologies to meet growing
global demand,” said DuPont Chairman and CEO Charles O.
Holliday, Jr.
“Population growth, rising income and demand for bio-based
products are driving increased demand for biotechnology
outputs,” Holliday said. “DuPont is uniquely positioned to meet
the challenge due to our multi-discipline science and ability to
integrate biology across our business segments and different
industries.”
DuPont is developing a broad range of innovations using both
biology and chemistry to provide customers with superior
performing products, including:
- A portfolio of
renewably-sourced polymers, providing better or comparable
performance than petrochemical-based alternatives, including
DuPont™ Sorona® EP thermoplastic resins and DuPont™ Hytrel®
RS thermoplastic elastomers;
- Imron® polyurethane
enamels, made with DuPont™ Cerenol™ polyol, providing
superior durability, gloss and color retention; Pro-Cote®
soy polymers, a renewably-sourced material derived from
soybeans, for multiple adhesive applications in various
industries including construction and publishing;
- Advanced biofuels –
including cellulosic-based and biobutanol – providing
improved performance and options for expanding the world’s
energy supplies.
“The synergies among multiple
biotechnology markets – including materials, coatings,
agriculture and biofuels – are creating potential game-changing
solutions to the world’s most difficult challenges and
significant growth opportunities for DuPont,” Holliday said.
“Today, we enhanced our already strong leadership position in
providing sustainable solutions to the global marketplace.”
DuPont’s leadership changes effective today include:
-
Thomas M. Connelly, 55, executive vice
president, will lead the integration of biotechnology across
the company’s business segments. He assumes responsibility
for the DuPont Agriculture & Nutrition business segment in
addition to his existing responsibilities.
-
James C. Borel, 52, senior vice president –
DuPont Human Resources, is named group vice president,
leading the company’s production agriculture businesses.
From 1997-2004, Borel was vice president and general manager
– DuPont Crop Protection. He has held a range of
agricultural leadership positions in DuPont, including
leading the company’s agricultural products business in
Canada and Asia Pacific during his 23-year career in
agriculture. Borel, an Iowa State graduate with a degree in
agriculture business, serves on the National 4-H Board of
Trustees.
-
J. Erik Fyrwald, 48,
group vice president – DuPont Agriculture & Nutrition, has
resigned from the company to pursue other interests.
-
Craig F. Binetti, 52, president of DuPont
Nutrition & Health, will continue as chairman of the Solae
Company, a joint venture with the Bunge Corporation that
provides soy protein to the global marketplace, in addition
to leading the food ingredient and food safety businesses
for DuPont.
-
Torkel Rhenman, 44,
global business director – DuPont Packaging & Industrial
Polymers, is named CEO of Solae. Rhenman has broad global
business experiences, including a strong background in joint
ventures from previous assignments.
-
W. Donald Johnson, 60, chairman and
representative director – DuPont K.K. (Japan), is named
senior vice president – DuPont Human Resources, responsible
for the global strategic direction of the company’s human
resources function. His successor in Japan will be named
later.
-
Maritza J. Poza-Grise,
49, director – DuPont Human Resources, is named vice
president – DuPont Human Resources. She will be responsible
for executing the company’s human resources strategies
globally.
Last month,
DuPont named
Nicholas C. Fanandakis group vice president – DuPont Applied
BioSciences. In this newly created position, Fanandakis is
leading Applied BioSciences’ accelerated efforts to
commercialize a range of bio-based products and technologies,
including biofuels and biomaterials
DuPont is a science-based
products and services company. Founded in 1802, DuPont puts
science to work by creating sustainable solutions essential to a
better, safer, healthier life for people everywhere. Operating
in more than 70 countries, DuPont offers a wide range of
innovative products and services for markets including
agriculture and food; building and construction; communications;
and transportation. |
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