Greg Townsend Email & Phone Number

Wilmington, DE, US

• Sold former operating site properties (4,500+ acres) for redevelopment into productive sustainable new uses, generating over $110 Million of one-time revenue and $4 Million in ongoing cost savings.
• Manages remaining former operating sites, providing strategic direction to contract management personnel who maintain these facilities.
• Develops and implements strategies to transition remaining sites to new owners for productive reuses, consistent with Chemours' sustainability strategies.
• Interfaces with government and economic development officials and community stakeholders
• Works in partnership with corporate remediation professionals to ensure remediation efforts are integrated with future potential site development and use plans, while remaining protective of people and the environment.

Wilmington, DE, US

• Led external Business Development activities through M&A work for the $2.5B Protection Technologies (industrial personal protective materials) Business, including the Kevlar(R)/Nomex(R)/Tyvek(R) brands, targeting.
• Led cross-functional business teams' work on multiple multi-million dollar company or business unit evaluations, including buyer due diligence, term sheet preparation, and negotiation, in the personal protection space.
• Directed efforts to process, package, and execute divestiture of a mature fibers business (>$150M revenues), including identification and carve-out of related people and capital assets

Wilmington, DE, US

• Led equity investing in technology-based startups and venture capital (VC) funds, driving growth through open innovation to access new technology capabilities. Focus areas included: biotechnology, biofuels.
• Provided oversight (Board Observer) for DuPont’s minority equity investment (> $3M) in private biotech company and negotiated special co-development rights with second tranche investment.
• Managed DuPont's corporate strategic equity investments (> $5M) in two VC fund investments and relationship with General Partner VC firm.
• Led business finance as CFO of an incubated $5 Million Photonics venture.

Wilmington, DE, US

• Led financial and planning work for newly created Intellectual Assets and Licensing business, targeted to significantly increase DuPont’s revenue from licensing technologies and related intellectual property to third.
• Led the licensing program for a patented biotechnology, generating a multi-million dollar ongoing licensing revenue stream. Negotiated and closed fifteen deals with major pharma and biotech companies, generating over.
• Developed licensing approaches and negotiated licensing transactions with third parties for other select intellectual properties.

Wilmington, DE, US

• Led finance, planning, and business analysis for global $850 Million Ethylene Copolymers business and the $120 Million Vinyls business. Responsibilities included financial leadership and guidance to operating business.
• Managed annual profit/cash objective, analysis/reporting of monthly performance to global business team, review of investment proposals, and strategic planning.
• Led financial evaluation of Ethylene Copolymers’ growth strategy ($200+ Million capital)
• Drove business decision on underperforming asset, improving cash flow by $2.5 Million.

Wilmington, DE, US

• Held P&L responsibility for two specialty ethylene copolymer product lines (Elvaloy® resins and specialty polyethylene) with combined sales revenues of $40+ Million. Led global cross-functional product team (marketing.
• Increased sales by $8 Million and improved earnings by $3 Million over three years.
• Managed $15 Million of annual product purchases from Japanese venture partner.

Mba, Business And Finance

Ms, Chemical Engineering

Bs, Chemical Engineering