Chemours, a prominent global chemistry company renowned for its market leadership in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, has named Shane Hostetter as its Chief Financial Officer (CFO), effective July 1, 2024. In this role, Hostetter will oversee Finance, Investor Relations, Corporate Development, Strategy, and Enterprise Risk Management.
Denise Dignam, President and CEO of Chemours, expressed enthusiasm about Hostetter’s appointment, citing his extensive 20-year background in finance and deep knowledge of the chemicals industry as key assets for driving sustained shareholder value.
Hostetter joins Chemours from Quaker Chemical Corporation (Quaker Houghton), where he served for 13 years, culminating in his tenure as CFO since April 2021. At Quaker Houghton, Hostetter held various executive positions, including Vice President of Finance, Chief Accounting Officer, and Global Controller, showcasing his comprehensive expertise across financial domains. His previous experience encompasses financial leadership roles at Pulse Electronics Corporation and an auditing stint with PricewaterhouseCoopers. Hostetter holds a CPA certification and an MBA in Finance from Villanova University.
With Hostetter’s arrival, Matt Abbott, who served as Interim CFO since February 2024, will revert to his former position as SVP, Chief Enterprise Transformation Officer. In this capacity, Abbott will focus on catalyzing growth, enhancing productivity, and optimizing operational efficiency across Chemours.
Dignam acknowledged Abbott’s pivotal role during the interim period, expressing gratitude for his leadership and contributions to fortifying the company’s operational framework and advancement.
