Du Pont has appointed Raj Ratnakar as the Chief Strategy Officer for the Specialty Products Division of Dow Du Pont, which will become an independent company, the new Du Pont, effective June 1, 2019. Ratnakar joins Du Pont from Fortive, where he played a key role to build and shape Fortive into a high-performing, multi-industrial company. Ratnakar’s previous experience includes senior strategy roles at both Danaher and TE Connectivity, as well as experience advising large corporate and private equity clients at Mc Kinsey & Company.
“Active portfolio management and a disciplined approach to capital allocation are key drivers of Du Pont’s value creation strategy,” said Marc Doyle, Chief Operating Officer for the Specialty Products Division. “Raj’s experience in leading efforts to create long-term portfolio strength, implementing global growth and profitability strategies and building organisational capabilities for continuous improvement and business transformation make him ideally suited to step into the corporate strategy role at Du Pont.”