The Chemours Company announced the promotion of Mark Newman to the newly created role of chief operating officer. Newman previously served as the company's chief financial officer. As the company's first COO, he will have responsibility for all three global businesses: Titanium Technologies, Fluoroproducts, and Chemical Solutions.

Newman will continue to report to Mark Vergnano, president and CEO of Chemours. Additionally, vice president of business finance and treasurer Sameer Ralhan has been promoted to the position of senior vice president, chief financial officer and treasurer. He too will report to Mark Vergnano.

Both promotions are effective immediately. Newman joined Chemours in 2014 prior to its spin-off from DuPont. He has held the position of senior vice president and CFO since 2015.