Thomas Powell, who has been serving as vice president and general
managerof DuPont Advanced Fiber Systems, will lead the organization as vice president and general manager.
“We are tremendously excited about the opportunities created for our people and our customers by combining these businesses,” said Mr. Powell.“We believe we will be able to quickly simplify internal processes, increase the speed of decision-making, and more fully leverage our large investments in research and development across market segments.These changes will lead to more rapid innovation and improve our responsiveness to customers.”
Mr. Powell emphasized that DuPont Protection Technologies will continue to
operate its existing manufacturing and research facilities around the world
and that there are no plans to close or combine any sites as a result of
the restructuring.He also stressed that the business remains committed to
the current business strategies and market segments.
“These businesses are responsible for high-performance products and
technologies that are known and respected worldwide,” he said. “They have
long-standing leadership positions and represent applications and
technologies that DuPont is counting on for future growth.We are
committed to continuing to invest in capacity and innovation to meet the
current and future needs of our customers.”