Greenwell retires from KSI, Dufendach hired

Terry RogersBusiness, Headlines, Milford Headline Story

Mark Dufendach

Jim Greenwell

Jim Greenwell, Vice President of Finance and Technology at Kent-Sussex Industries will retire at the end of July after over 30 years in corporate financial management. Greenwell retired from DuPont in 2008 and served as Business Manager at Delaware Technical and Community College Terry Campus in Dover. In 2010, Greenwell answered an online advertisement for a comptroller at KSI which took him on a 14-year journey.

“This began a journey of challenges and accomplishments,” Greenwell said.

Greenwell graduated from the University of Michigan with a Master of Business Administration and joined DuPont in their Wilmington office as an internal auditor. He moved to the Seaford plant in 1985 where he moved from accounting and finance into operations, human resources and project management. From 2002 to 2008, when he retired from DuPont, Greenwell managed cost analysis, accounting and inventory management and financial controls at many locations in the E.I. duPont family.

“While working at Del-Tech, I saw the ad for a position at KSI and it brought back memories of a KSI work crew at the Seaford plant,” Greenwell said. “They were really good at what they did. They were reclaiming nylon from spent spools so the spools could be used again, and the nylon could be sold. We would have wasted a lot of product without them.”

His relationship with other KSI board members, including Robert Hardie and Steve Kimpton, led him to apply. Greenwell was hired in 2010 and began applying the methods that worked so well at DuPont at the nonprofit, creating a more effective financial administration.

“I’ll miss his personality and his character,” Crystal Hughes said. “He didn’t micromanage. He knew we knew our jobs and trusted us to be responsible. But he was always available when we had a question or needed his help.”

After retirement, Greenwell plans to marry his fiancé, Linda Tuttle, and do some traveling. He also plans to delve into another area of expertise, forensic accounting.

“Jim allowed KSI to increase programming and opportunities for our participants through some of the toughest times the organization ever experienced,” Heath Chasanov, CEO of KSI, said. “And he did it in such a positive and genuine manner.”

Dr. Mark Dufendach will replace Greenwell as Vice President of Finance, a name that is familiar to many in Milford. Dufendach brings many years of financial oversight to KSI after many years in finance with local school districts, including Milford. He has also served as financial officer in Polytech, Smyrna and Indian River.

While in Milford, Dufendach coordinated the management of state and federal funds for schools. At Polytech, he served as finance director before becoming Assistant Superintendent and Superintendent in 2017.

Dufendach received his Bachelor of Science in Business Administration from the University of Delaware, his Master of Business Administration from the University of Notre Dame Graduate School of Business and his Doctor of Education from the University of Delaware. He will begin his career with KSI this summer.

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