05.06.19
DuPont announced that Raj Ratnakar has been named chief strategy officer for the Specialty Products Division of DowDuPont, which is expected to become an independent company (the new DuPont) on June 1, 2019. Ratnakar’s appointment is effective May 1. He will report to Marc Doyle, CEO-elect for DuPont and COO, DowDuPont Specialty Products Division.
Ratnakar joins DuPont from Fortive, a $7 billion in annual revenue, publicly traded spin-off of Danaher, where he played a key role in designing and executing the separation. In this role, he also oversaw corporate-wide strategic planning and led efforts to transform the company’s portfolio 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 McKinsey & Company.
“Raj’s experience in leading efforts to create long-term portfolio strength, implementing global growth and profitability strategies and building organizational capabilities for continuous improvement and business transformation make him ideally suited to step into the corporate strategy role at DuPont,” said Doyle.
Ratnakar joins DuPont from Fortive, a $7 billion in annual revenue, publicly traded spin-off of Danaher, where he played a key role in designing and executing the separation. In this role, he also oversaw corporate-wide strategic planning and led efforts to transform the company’s portfolio 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 McKinsey & Company.
“Raj’s experience in leading efforts to create long-term portfolio strength, implementing global growth and profitability strategies and building organizational capabilities for continuous improvement and business transformation make him ideally suited to step into the corporate strategy role at DuPont,” said Doyle.