Chemours CFO Resigns

Company also announces a second new executive appointment.

2 Min Read
Chemours Lock new CFO
Current CFO has resigned from Chemours, and Jonathan Lock (pictured here) will assume the role effective June 6.Image courtesy of The Chemours Company

The Chemours Company has announced the resignation of Sameer Ralhan, Chief Financial Officer (CFO), effective June 19.

Jonathan Lock, senior vice president and chief development officer, was appointed to the role of CFO, effective June 6. As CFO, Lock will lead Finance, Investor Relations, Corporate Development, Strategy, and Enterprise Risk Management.He will work closely with Sameer to ensure a seamless leadership transition.

Also, Matt Abbott, vice president, Digital and Data Analytics, is promoted to SVP, chief enterprise transformation officer, a senior executive position with responsibility for Information Technology, Cyber Security, Digital and Data Analytics, and Procurement.

Chemours President and CEO Mark Newman acknowledged Sameer’s impact on the company saying, “Sameer has been a valued member of the Chemours executive team and has made significant contributions to the company’s success through his transformation of the Finance function into a source of strategic insight and analysis. We wish him all the best in his future endeavors.

I’m thrilled to have the opportunity to place someone as talented as Jonathan into the role of CFO. Jonathan is well-known by investors and has led numerous high-value transactions for Chemours. He has a deep understanding of Chemours and capital markets, and his appointment ensures that we do not miss a beat in executing our strategy to deliver long term value to shareholders.”

Lock joined Chemours in 2018 as vice president of Corporate Development and Investor Relations and moved on to have responsibility for M&A, Corporate Strategy, Enterprise Risk Management, and more recently, Sustainability. Promoted to an officer in 2021, Lock brings more than two decades of experience across a range of management consulting, corporate strategy, investor relations, and corporate development roles.

As a part of the CFO change, the Sustainability organization moves from Lock to Kristine Wellman, SVP, general counsel and corporate secretary; a change that more effectively aligns and integrates Chemours’ commitment to sustainability with the company’s overall corporate governance, regulatory and government affairs strategies.

Also joining the executive team is Matt Abbott, the company’s first SVP & chief enterprise transformation officer. Abbott joined Chemours in 2017 and has held various roles across audit and controllership. Most recently as digital and data analytics leader, Abbott has been central to designing digital strategies to accelerate Chemours’ journey to becoming a data-driven organization. Prior to that, he served as Chief Audit Executive, and Chief Accounting Officer and Controller leading the global accounting and reporting operations of the Finance function, where he fostered a culture of excellence and continuous improvement. 

About the Author(s)

Powder Bulk Solids Staff

Established in 1983, Powder & Bulk Solids (PBS) serves industries that process, handle, and package dry particulate matter, including the food, chemical, and pharmaceutical markets.

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