DuPont Nutrition & Health to have new president from January 1

DuPont has named Matthias Heinzel president of DuPont Nutrition & Health effective Jan. 1, 2015. He will succeed Craig F. Binetti who is retiring following 38 years of service to the company.

    

"Craig has served as an outstanding business leader at DuPont. Throughout his career, he has had a talent for leading people, being a role model for our core values and generating business success," said DuPont Executive Vice President James C. Borel. "Craig has earned the deep trust and respect from all who worked with him over 38 years.  We are deeply grateful for his years of leadership and service, and wish him all of the best."

"Matthias brings global business experience with a proven success record in building competitive advantage, setting strategy and direction and creating profitable growth.  He will help drive the Nutrition & Health business as a leading food ingredients and food safety solutions provider to the food and beverages industries worldwide."

Heinzel joined DuPont in 2003. Before that, he played leadership roles in the telecommunications industry and at McKinsey & Company. Heinzel also held leadership positions at DuPont Imaging Technologies, Authentication and Packaging Graphics.

In 2013 he was appointed global business director of Enablers, DuPont Nutrition & Health, where he has been leading significant business improvement.

Binetti, the outgoing president, joined DuPont in 1977 where he occupied managerial positions covering research, manufacturing, finance, sales, and marketing.

From 1991 to 1998, Binetti held a number of positions in DuPont's paper, film and resins businesses in the United States and in Europe. From 1998 to 2002 he was vice president and general manager of Polyester Fibers, Resins & Intermediates.

He was named vice president and general manager of DuPont Packaging & Industrial Polymers in March 2002.  After five years, he became president of DuPont Nutrition & Health and chairman of Solae.