WILMINGTON, DE — The Chemours Company announced that its board of directors has appointed Mary Cranston as chair of the board and Alister Cowan as lead independent director, effective September 2, 2025. The leadership changes follow the departure of Dawn Farrell, who accepted a position as chief executive officer of the Canadian government’s newly created Major Projects Office under the Building Canada Act.
Cranston, a Chemours director since 2015, has played a key role in reshaping the board through a multi-year refresh aimed at aligning leadership with the company’s strategic priorities. She previously served as chair and CEO of Pillsbury Winthrop Shaw Pittman LLC and has held board positions at Visa, McAfee, and TPG, bringing decades of corporate governance experience.
“It’s a privilege to serve as the board chair of Chemours,” Cranston said. “We’ve built a board with the right mix of skills, independence, and industry insight to support the company’s growth. In this new structure, I will manage the board, set the agenda, and drive its focus on strategy and shareholder value creation, while Alister will primarily focus on board activities related to overall financial performance and strengthening the balance sheet.”
Cowan, who joined the board in 2023, brings more than 30 years of financial leadership experience, including 15 years as a public company CFO. He previously served as CFO of Suncor Energy and Husky Energy and currently chairs Chemours’ Audit, Risk, and Finance Committee. His expertise in capital markets, risk management, and corporate development is expected to complement Cranston’s governance leadership.
“I’m honored to take on this role at such an exciting time for the company and to work with this strong management team and deeply committed board,” Cowan said. “I look forward to this expanded leadership role reinforcing the board’s work as we advance our Pathway to Thrive strategy and deliver long-term value for our shareholders.”
Chemours said the appointments position the company to maintain stability and advance its Pathway to Thrive strategy, which focuses on growth, financial performance, and shareholder value creation.
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