DuPont Announces Business Unit Consolidations and Leadership Changes
DuPont announced the consolidation of its DuPont Packaging & Industrial Polymers business with its DuPont Performance Polymers business, as well as the consolidation of the DuPont Protection Technologies business with the DuPont Building Innovations business. Both consolidations will be effective on Jan. 1, 2016. DuPont will continue to have six reporting segments.
“By bringing these business units together under common management structures, we are creating businesses of more significant scale to better serve our customers with more powerful science capabilities and stronger applications development,” said DuPont Interim Chair and CEO Edward D. Breen.
The combined DuPont Packaging & Industrial Polymers and DuPont Performance Polymers businesses – which will comprise the DuPont Performance Materials reporting segment – will be led by Patrick E. Lindner, currently president of DuPont Performance Polymers.
Lindner joined DuPont in 1996 as a chemist in Fluoroproducts. In 2006, he was named global business director of DuPont Teflon fluoropolymers, later served as director in the DuPont Corporate Plans and Strategy group and as global business director for DuPont Electronics & Communications. He was named president of DuPont Performance Polymers in March 2014.
The combined DuPont Protection Technologies and DuPont Building Innovations businesses – which will be called DuPont Protection Solutions – will be led by Rose Lee, currently president of the DuPont Protection Technologies business. The combined business unit will continue as part of DuPont’s Safety & Protection reporting segment, which also includes the DuPont Sustainable Solutions business that will continue to be led by John L. Chrosniak as president.
Lee joined DuPont in January 2015 as the global business director, DuPont Kevlar and Aramid Intermediates and was appointed president of DuPont Protection Technologies in October 2015. Prior to DuPont, Lee was vice president and general manager, Innovative Materials, for Saint-Gobain Corporation.
Lindner will continue to report to DuPont Executive Vice President James C. Collins, while Lee will continue to report to Marc Doyle, senior vice president, DuPont Safety & Protection.
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