Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 29, 2021, The Chemours Company ("Chemours") announced certain
appointments within its finance leadership team as further described below.
Appointment of Camela T. Wisel
Vice President, Chief Accounting Officer and Controller
Camela T. Wisel, age 46, has been appointed to the position of Vice President,
Chief Accounting Officer and Controller. Ms. Wisel will serve as principal
accounting officer for purposes of Chemours' filings with the Securities and
Exchange Commission. Prior to this appointment, Ms. Wisel served as Chemours'
Vice President and Treasurer since September 2020. Before that, she held various
positions of increasing responsibilities in Controllership and Treasury since
joining Chemours in April 2015. Prior to joining Chemours, Ms. Wisel was Senior
Manager in External Reporting and Accounting Policy at Trinseo. Prior to
Trinseo, Ms. Wisel was a Senior Manager with PricewaterhouseCoopers LLP ("PwC")
with over ten years of experience serving in PwC's Assurance Services in both
the Philadelphia and Singapore offices.
In connection with her appointment, Ms. Wisel will receive an annual base salary
of $312,500 and be eligible for a target Annual Incentive Plan (AIP) award of
50% of base salary and a target Long Term Incentive Plan (LTIP) award of
$300,000. She will participate in the Chemours' Senior Executive Severance Plan
and in other benefit plans offered to Chemours' officers.
There are no arrangements or understandings between Ms. Wisel and any other
persons in connection with her appointment. Ms. Wisel does not have any family
relationships with any executive officer or director of Chemours and she is not
a party to any transaction required to be disclosed pursuant to Item 404(a) of
Appointment of Matthew S. Abbott
Vice President, Digital and Analytics Platforms Leader
Matthew S. Abbott, age 45, has been appointed to the position of Vice President,
Digital and Analytics Platforms Leader. Prior to this appointment, Mr. Abbott
served as Chemours' Vice President, Chief Accounting Officer and Controller
since August 2019 and Vice President and Chief Audit Executive since January
2017. Prior to joining Chemours, Mr. Abbott was a Partner at PwC for five years,
with nearly twenty total years of experience serving PwC's industrial products
and technology clients.
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