Stacy L. Fox, future DuPont GC
The former general counsel of Sunoco, Inc., Stacy L. Fox, has been named senior vice president and general counsel of DuPont, effective Oct. 1. Fox will succeed Thomas L. Sager, who is retiring in August after 37 years with the company.
Prior to joining DuPont, Fox, 60, was senior vice president, strategy, and general counsel and secretary of Sunoco, Inc. She previously served as executive vice president of corporate transactions and legal affairs for Visteon, an $18 billion multinational automotive supplier, and general counsel of Collins & Aikman, also in the automotive industry. She began her legal career as a corporate and litigation associate at a law firm before moving in-house to Unisys and later Johnson Controls.
“Stacy comes to us as a proven leader with exceptional experience as a lawyer and business executive. She will play an important role in supporting DuPont’s growth, and I am pleased to welcome her to the company,” DuPont Chair and CEO Ellen Kullman said in a statement.
Sager joined DuPont in 1976 as an attorney in the labor and corporate security group after receiving his J.D. from Wake Forest University School of Law. He was named associate general counsel of the Wilmington, Del.-based company in 1994. In 1998, he was named chief litigation counsel with responsibilities for all litigation. In November 1999, Sager was named vice president and assistant general counsel, and he was promoted to his current position in July 2008. He helped pioneer the DuPont Convergence and Law Firm Partnering Program (DuPont Legal Model).
“Representing one client for one’s entire professional is unusual to say the least in this day and age. But I can honestly say that I have absolutely no regrets. It was an honor and privilege to serve as GC for such a storied company like DuPont,” Sager said in an interview with InsideCounsel. “My only hope is that I left it in a little better shape than when I assumed the GC role six years ago.”
In a company statement, Kullman said that Sager set an exceptional benchmark as a lawyer through his “unwavering commitment in promoting and developing diversity not only within DuPont, but throughout the legal community. He has been an innovator and pioneer in the legal profession and all who worked with him will miss his steady counsel and strong leadership.”
Fox was most recently with Foley & Lardner in the firm’s automotive and energy industry teams and the transactional securities practice as of counsel in the Detroit office and served under Michigan’s Governor Rick Snyder as the deputy emergency manager for the city of Detroit. In addition, she is a founder and principal of the Roxbury Group, a Detroit-based real estate development and investment firm specializing in complex urban redevelopment projects.
DuPont recently joined forces to form the Partnership for American Innovation (PAI). The company has invested $2 billion in research and development each year and relies on strong patent rights to protect that investment.