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Chemicals Maker Chemours Rises 10% After Naming Google Exec to Board

Reuters ·  01/07 13:54

$The Chemours (CC.US)$ shares are up almost 11% after announcing the appointment of Alphabet's executive Joseph Kava to its board of directors.

Kava currently serves as Vice President of Data Centers at Google.

"The addition of Joe with his deep and broad range of skills and experience in technology, most recently in data centers and semiconductors, will further enhance the execution of Chemours’ business strategy,” said Dawn Farrell, Chemours’ Board Chair said in a press release. “Joe’s appointment, the addition of several talented board members in 2024, and the deep experience of our longer serving board members, allow us to span industries, issues, and technologies that are important to the future of Chemours.”

Chemours' stock fell 46.4% in 2024.

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