DuPont Announces Organization and Leadership Changes

DuPont Announces Organization and Leadership Changes

Craig Binetti

Jim Collins

Rick Olson

Yesterday, DuPont announced the formation of two new business units, Industrial Biosciences and Nutrition & Health.  The company has appointed Craig Binetti as the president of the new Nutrition & Health business and Jim Collins as president of Industrial Biosciences.  Rick Olson will assume responsibility for ongoing integration of Danisco across both new businesses units. 

Industrial Biosciences will integrate Danisco’s Genencor enzyme division with the DuPont Applied BioSciences business to create a leading $1 billion industrial bioscience business.  This unit will stand alone as a financial reporting segment. 

Nutritional & Health will combine Danisco Food Ingredients with DuPont’s existing Nutrition & Health business to form a premier $3 billion specialty food ingredients and food safety business.  Nutrition & Health also will stand alone as a financial reporting segment. 

View the news release.

SOURCE