DuPont Sustainable Solutions (DSS) has officially spun off from DuPont into an independent global operations management consulting firm.
The new company will offer clients solutions to protect their employees and assets, improve the effectiveness of their operations, innovate more rapidly and advance the capabilities of their workforce. DSS currently employs more than 900 experienced operations executives and consultants across the world.
“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. Today DSS is excited to begin its next chapter as an independent firm,” said Davide Vassallo, CEO of DuPont Sustainable Solutions. “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.”
The decision to break away from DuPont came out of an interest in serving clients in need of focused attention on advancing technologies, maturing systems and processes, the changing workforce, the digital revolution and plateaued safety performance.
“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.
DSS announced its new board of directors to oversee operations which includes:
- Davide Vassallo, CEO, DSS
- Vladimir Kral, CFO, DSS
- Guy Semmens, Founder, Gyrus Capital
- Robert Watson, Founder, Gyrus Capital
- Cedric Perlet, Partner, Gyrus Capital
- Rose Lee, President, DuPont Safety & Construction
The new company will be led by its existing management and supported by financial investors Gyrus Capital. DSS operates from 40 offices worldwide and is headquartered in Geneva, Switzerland, with regional headquarters in Singapore, Sao Paolo, Brazil and Wilmington, Delaware.