Financial News

Chemours Appoints Dr. Amber Wellman to Chief Sustainability Officer

Sheryl Telford, the company’s first Chief Sustainability Officer, retires after 22 years with the company and its predecessor

The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announces the appointment of Amber Wellman, Ph.D., to Chief Sustainability Officer.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230411005826/en/

Dr. Amber Wellman, Chief Sustainability Officer, Chemours (Photo: Business Wire)

Dr. Amber Wellman, Chief Sustainability Officer, Chemours (Photo: Business Wire)

“Amber’s strong passion for sustainability and stewardship, backed by her technical background and leadership skills, make her the ideal person to lead the next chapter of the company’s end-to-end sustainability efforts,” said Jonathan Lock, Senior Vice President and Chief Development Officer. “Amber has been invaluable in driving progress toward our Corporate Responsibility Commitment goals as an essential part of our business strategy and I am thrilled to welcome her to her new role.”

Amber Wellman brings 15 years of experience innovating within the pharmaceutical and chemical industries, including half a decade at Chemours’ former parent company. Since joining Chemours upon its creation in 2015, she has held several positions across manufacturing technology and research, analytical labs, and the Advanced Performance Materials (APM) segment. As Sustainability Director for APM, Ms. Wellman has been instrumental in incorporating sustainability into all levels of business strategy development, decision-making, and operations.

Ms. Wellman succeeds Sheryl Telford, the company’s first Chief Sustainability Officer, who retired at the end of March. Ms. Wellman will lead Chemours’ continued effort to achieve its Corporate Responsibility Commitment goals, including at least a 99% reduction in fluorinated organic compound emissions, achieving net zero greenhouse gas emissions and ensuring at least 50% of the company’s product portfolio contributes to the United Nations Sustainable Development Goals.

“Chemours’ ambitious Corporate Responsibility Commitments, along with our focus on sustainable innovation and responsible manufacturing, are foundational to our vision to create a better world through the power of our chemistry,” continued Mr. Lock. “We are grateful for our strong internal talent pool that allows us to continue the significant progress we’ve already made in these areas. A driving force behind that progress was Sheryl Telford, whom I would like to thank for her indelible impact on Chemours and its sustainability journey. The chemistries we provide our customers and the world are essential to enabling the new, green economy and we are steadfast in our drive to deliver our chemistry responsibly.”

An analytical chemist by training, Ms. Wellman will play a central role in forging strategic collaborations and partnerships with external experts, companies, industries and organizations to advance Chemours’ sustainability efforts and advocate for sustainable, science-based policy and regulation.

About The Chemours Company

The Chemours Company (NYSE: CC) is a global leader in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. We deliver customized solutions with a wide range of industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and consumer electronics, general industrial, and oil and gas. Our flagship products are sold under prominent brands such as Ti-Pure™, Opteon™, Freon™, Teflon™, Viton™, Nafion™, and Krytox™. The company has approximately 6,600 employees and 29 manufacturing sites serving approximately 2,900 customers in approximately 120 countries. Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC.

For more information, we invite you to visit chemours.com or follow us on Twitter @Chemours or LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical or current fact. The words "believe," "expect," "will," "anticipate," "plan," "estimate," "target," "project" and similar expressions, among others, generally identify "forward-looking statements," which speak only as of the date such statements were made. These forward-looking statements may address, among other things, the outcome or resolution of any pending or future environmental liabilities, the commencement, outcome or resolution of any regulatory inquiry, investigation or proceeding, the initiation, outcome or settlement of any litigation, changes in environmental regulations in the U.S. or other jurisdictions that affect demand for or adoption of our products, anticipated future operating and financial performance for our segments individually and our company as a whole, business plans, prospects, targets, goals and commitments, capital investments and projects and target capital expenditures, plans for dividends or share repurchases, sufficiency or longevity of intellectual property protection, cost reductions or savings targets, plans to increase profitability and growth, our ability to make acquisitions, integrate acquired businesses or assets into our operations, and achieve anticipated synergies or cost savings, all of which 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 based on certain assumptions and expectations of future events that may not be accurate or realized. These statements are not guarantees of future performance. Forward-looking statements also involve risks and uncertainties that are beyond Chemours' control. In addition, the COVID-19 pandemic has significantly impacted the national and global economy and commodity and financial markets, which has had and we expect will continue to have a negative impact on our financial results. The full extent and impact of the pandemic is still being determined and to date has included significant volatility in financial and commodity markets and a severe disruption in economic activity. The public and private sector response has led to travel restrictions, temporary business closures, quarantines, stock market volatility, and interruptions in consumer and commercial activity globally. Matters outside our control, including general economic conditions, have affected or may affect our business and operations and may or may continue to hinder our ability to provide goods and services to customers, cause disruptions in our supply chains such as through strikes, labor disruptions or other events, adversely affect our business partners, significantly reduce the demand for our products, adversely affect the health and welfare of our personnel or cause other unpredictable events. Additionally, there may be other risks and uncertainties that Chemours is unable to identify at this time or that Chemours does not currently expect to have a material impact on its business. Factors that could cause or contribute to these differences include the risks, uncertainties and other factors discussed in our filings with the U.S. Securities and Exchange Commission, including in our Annual Report on Form 10-K for the year ended December 31, 2022. Chemours assumes no obligation to revise or update any forward-looking statement for any reason, except as required by law.

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