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DowDuPont announces senior leadership appointments

| By Mary Bailey

DowDuPont (www.dow-dupont.com) announced the senior leaders of the independent companies that will be created following the separation of its Agriculture (Corteva Agriscience) and Specialty Products (DuPont) Divisions, which is expected to occur by  June 1, 2019. In addition, the company announced that Ed Breen, chief executive officer of DowDuPont, will become executive chairman of DuPont following the separation.

The senior leaders of Corteva Agriscience include:

  • James C. Collins, Jr., currently chief operating officer of the Agriculture Division, will be chief executive officer;
  • Greg Friedman, currently head of finance for the Agriculture Division and vice president, DuPont Investor Relations, will be executive vice president, chief financial officer; and
  • Cornel Fuerer, currently head of legal for the Agriculture Division, will be senior vice president, general counsel.

The senior leaders of DuPont include:

  • Marc Doyle, currently chief operating officer of the Specialty Products Division, will be chief executive officer;
  • Jeanmarie Desmond, currently head of finance for the Specialty Products Division and co-controller of DowDuPont, will be executive vice president, chief financial officer; and
  • Erik Hoover, currently head of legal for the Specialty Products Division, chief compliance officer for DuPont, and assistant secretary for DowDuPont, will be senior vice president, general counsel.

In his full-time role as executive chairman of DuPont, Mr. Breen will work closely with the senior leadership team and focus on the company’s portfolio management strategy, capital allocation decisions, and, in conjunction with  Marc Doyle, shareholder engagement. As CEO, Mr. Doyle will lead the organization and remain focused on business execution, growth initiatives, and further establishing a culture of innovation and operational discipline in order to maximize shareholder value. He will report to Mr. Breen.

As previously announced,  Jim Fitterling will become chief executive officer,  Howard Ungerleider will become president and chief financial officer, and  Amy Wilson will become general counsel of Dow upon completion of the Materials Science Division’s separation from DowDuPont, which is expected to occur by  April 1, 2019. The boards of directors of the three future companies are expected to be finalized and announced by the end of  October 2018.