DuPont spins off Sustainable Solutions business, announces new board

USA – Specialty chemicals maker, DuPont has announced the creation of DuPont Sustainable Solutions (DSS) unit as an independent global operations management consulting firm.

The new company, DSS, will provide enhanced solutions that enable clients to protect their employees and assets, improve the effectiveness of their operations, innovate more rapidly and advance the capabilities of their workforce.

Dupont said that the decision to create DuPont Sustainable Solution as independent firm is part of the its strategy to better respond to a growing client need to rapidly access solutions for evolving global challenges.

With the restructuring, DSS hopes to increase its flexibility in offering solutions in line with advancing technologies, maturing systems and processes, the changing workforce, the digital revolution and plateaued safety performance.

Commenting on the move, Davide Vassallo, CEO of DuPont Sustainable Solutions said: “For over 50 years, DuPont and DuPont Sustainable Solutions together have been helping to make the world a safer place by collaborating with and implementing solutions for clients.

 “In a world where global economic changes and disruptions can have a significant impact on the safety and continuity of organizations and their global supply chains, DSS will now have increased flexibility and agility to provide its industry-leading consulting services and bring innovative solutions to market faster for our clients.” 

“DuPont is extremely proud of the industry-leading work we have done with DSS to achieve lasting safety and operational improvements for companies worldwide,” said Marc Doyle, Chief Executive Officer for DuPont.

“DSS is well-positioned to continue providing its clients with world-class services as an independent company, and we are proud of our former colleagues as they begin this exciting new endeavor.”

As an independent company, DSS will maintain its strong connection to its DuPont heritage. 

DSS will retain the rights to all Intellectual Property related to the services it sells and will have continued access to the DuPont logo, sites, capabilities and resources for a defined period of time.

New Board of Directors

DSS announced new board of directors led by company’s chief executive Davide Vassallo, the chief financial officer, Vladimir Kral, Robert Watson, Founder, Gyrus Capital, Cedric Perlet, Partner at Gyrus Capital and Rose Lee, President, DuPont Safety & Construction.

The new company will be led by its existing management and supported by financial investors Gyrus Capital.

DSS currently employs more than 900 experienced operations executives and consultants globally and anticipates increasing its workforce and geographic footprint as client needs grow.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.