Strengthening Biotech Position with Leadership Changes

DuPont yesterday announced leadership changes to strengthen the company’s leading biotechnology position and better serve the growing global demand for the company’s biotech-based innovations in materials, food, feed and fuel markets.

“Across its business segments, DuPont is integrating biology with its expertise in chemistry to deliver its biotechnology pipeline to the marketplace. DuPont has stepped up its efforts, including today’s leadership changes, to accelerate commercialization of its bio-based technologies to meet growing global demand,” said DuPont Chairman and CEO Chad Holliday.

“The synergies among multiple biotechnology markets – including materials, coatings, agriculture and biofuels– are creating potential game-changing solutions to the world’s most difficult challenges and significant growth opportunities for DuPont,” Chad said. “Today, we enhanced our already strong leadership position in providing sustainable solutions to the global marketplace.”


Tom Connelly

Jim Borel

Craig Binetti

Torkel Rhenman
DuPont’s leadership changes effective yesterday include:

* Tom Connelly, executive vice president, will lead the integration of biotechnology across the company’s business segments. He assumes responsibility for the DuPont Agriculture & Nutrition business segment in addition to his existing responsibilities.

* Jim Borel, senior vice president – DuPont Human Resources, is named group vice president, leading the company’s production agriculture businesses. From 1997-2004, Jim was vice president and general manager – DuPont Crop Protection. He has held a range of agricultural leadership positions in DuPont, including leading the company’s agricultural products business in Canada and Asia Pacific during his 23-year career in agriculture.

* Erik Fyrwald, group vice president – DuPont Agriculture & Nutrition, has resigned from the company to pursue other interests.

* Craig Binetti, president of DuPont Nutrition & Health, will continue as chairman of the Solae Company, a joint venture with the Bunge Corporation that provides soy protein to the global marketplace, in addition to leading the food ingredient and food safety businesses for DuPont.

* Torkel Rhenman, global business director – DuPont Packaging & Industrial Polymers, is named CEO of Solae. Torkel has broad global business experiences, including a strong background in joint ventures from previous assignments.