WILMINGTON, DE — The Chemours Company (NYSE: CC) said it has appointed Michael Foley as president of its Titanium Technologies business, signaling a leadership shift as the company continues to reposition one of its largest operating segments around a value-based strategy.
Foley will assume the role in February 2026, succeeding Damián Gumpel, who is departing the company. Chemours said President and Chief Executive Officer Denise Dignam will provide leadership support during the transition to maintain continuity and momentum within the business.
Titanium Technologies, a key driver of Chemours’ revenue, is in the midst of a transformation aimed at improving profitability, operational discipline, and long-term value creation. The company said the leadership change reflects its commitment to advancing that strategy.
Foley joins Chemours from Momentive Performance Materials, where he most recently served as president and general manager of the Formulated Specialties business. In that role, he oversaw a $1 billion global portfolio spanning five business units, eight manufacturing sites, and approximately 2,000 employees. Chemours said Foley brings deep experience in portfolio optimization, organizational restructuring, and operational excellence.
Earlier in his career, Foley held leadership roles at General Electric, where he developed expertise in Lean and Six Sigma methodologies. He holds a bachelor’s degree in environmental engineering and an MBA from Rensselaer Polytechnic Institute.
Dignam said Foley’s background in driving strategic and operational transformation positions him well to lead Titanium Technologies through its next phase. She said his experience will be critical as Chemours works to deliver stronger value for customers, partners, and shareholders.
Foley said he is eager to build on the unit’s existing foundation, focus on innovation, and strengthen partnerships as the business advances its strategy.
The appointment comes as Chemours continues broader efforts to streamline operations and sharpen its focus on higher-value products amid ongoing volatility in global industrial markets.
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