Chemours Appoints Gumpel and Picho to Drive Growth and Transformation

The Chemours Company (NYSE: CC), a global leader in industrial and specialty chemicals, has announced key leadership changes that aim to drive growth and transformation within its Titanium Technologies (TT) business segment and enterprise-wide operations. Effective March 3, 2025, Damián Gumpel will assume the role of President of Chemours' Titanium Technologies business, while Diane Iuliano Picho will become the Chief Enterprise Enablement Officer. Both executives will report directly to Chemours President and CEO, Denise Dignam, and serve on the Chemours Executive Team.



Damián Gumpel brings a wealth of chemical industry experience to his new role, having served in various leadership positions at Olin Corporation and Dow Inc. His proven track record of strategic vision, cost transformation, and commercial excellence will be instrumental in strengthening the TT business and driving Chemours' Pathway to Thrive strategy. Gumpel's appointment follows a comprehensive global search, and Denise Dignam, Chemours' President and CEO, expressed confidence in his ability to lead the TT business into the future.

"I am honored to lead Chemours Titanium Technologies, one of the most trusted and respected TiO2 businesses in the world," said Gumpel. "Together, we will drive stronger operational performance and productivity while deepening Chemours' reputation as a safe and great place to work for employees, trusted partner to our customers, suppliers, and communities, and consistent value driver for shareholders."



Diane Iuliano Picho, who has served as Interim TT Business President since March 2024, will now lead the newly organized Enterprise Enablement unit. This unit is designed to accelerate the Operational Excellence and Growth Enablement pillars of Chemours' Pathway to Thrive strategy. Picho's portfolio will include Procurement and key Centers of Excellence, such as Manufacturing, Commercial, and Digital, with a mandate to improve Chemours' Order to Cash and critical operational processes across the company. With over 40 years of business leadership experience spanning each of Chemours' three business segments, Picho's comprehensive understanding of the company will be an immense asset to the Chemours Executive Team.

"We thank Matt for his eight years of service, including stepping up as Interim Chief Financial Officer for Chemours last year. Matt served with the highest levels of integrity and partnership at an important inflection point for our company. For that, and his many lasting contributions to our business, we thank him and wish him well in his future endeavors," said Denise Dignam.

Chemours' strategic leadership changes are expected to drive growth and transformation within the company, with Gumpel and Picho playing crucial roles in executing the Pathway to Thrive strategy. By leveraging their extensive experience and expertise, Chemours is well-positioned to continue delivering value to its shareholders and stakeholders.