WILMINGTON, Del.—Chemours Co. has appointed Jonathan Lock as its next chief financial officer, following the resignation of Sameer Ralhan.
In addition, the chemical production company promoted Matt Abbott to senior vice president and the company's first chief enterprise transformation officer.
Ralhan will leave the company effective June 19, while Lock's appointment took effect June 6. Lock had served as chief development officer.
Chemours works in the titanium technologies and advanced performance materials markets.
Mark Newman, Chemours president and CEO, said Ralhan leaves with a positive legacy.
"Sameer has been a valued member of the Chemours executive team and has made significant contributions to the company's success through his transformation of the Finance function into a source of strategic insight and analysis," Newman said. "We wish him all the best in his future endeavors."
Newman added that he is "thrilled" for Lock to move into the role of CFO.
"Jonathan is well-known by investors and has led numerous high-value transactions for Chemours," Newman said. "He has a deep understanding of Chemours and capital markets, and his appointment ensures that we do not miss a beat in executing our strategy to deliver long term value to shareholders."