Business
Chemours Appoints Michael Foley as President of Titanium Technologies; Announces Departure of Damián Gumpel
The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leadi...
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[{"type":"text","content":"Chemours Appoints Michael Foley as President of Titanium Technologies; Announces Departure of Damián Gumpel\n\n\n\n\n\n\n The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials, today announced the appointment of Michael Foley as President of Chemours Titanium Technologies (TT), effective February 2026. Foley succeeds Damián Gumpel, who is departing the company.\n \n\n This press release features multimedia. View the full release here:\n \n https://www.businesswire.com/news/home/20251204540269/en/\n \n\n\n\n\n Chemours appoints Michael Foley as President of Titanium Technologies\n \n\n\n Chemours thanks Mr. Gumpel for his contributions and wishes him well in his future endeavors. This transition reflects Chemours’ ongoing commitment to advancing its TT value-based business strategy. During this period, Chemours President and CEO Denise Dignam will provide leadership support to ensure continuity and continued progress on TT’s transformation journey.\n \n\n Michael Foley joins Chemours with extensive leadership experience in the chemical industry. Most recently, he served as President & General Manager of the Formulated Specialties Business at Momentive Performance Materials, overseeing a $1 billion portfolio across five business units, eight manufacturing sites, and 2,000 employees worldwide. His career includes transformative roles in portfolio optimization, organizational restructuring, and operational excellence at Momentive, as well as leadership positions at General Electric, where he was recognized for expertise in Lean and Six Sigma methodologies. Mr. Foley holds a Bachelor of Science in Environmental Engineering and an MBA from Rensselaer Polytechnic Institute.\n \n\n “We are excited to welcome Michael Foley to Chemours as President of Titanium Technologies,” said Denise Dignam, President and CEO of Chemours. “Michael’s proven track record of strategic transformation and operational leadership will be instrumental as we continue to advance our TT business and deliver value for our customers, partners, and shareholders.”\n \n\n “I look forward to joining Chemours and leading the Titanium Technolog...