DuPont has announced a plan to separate into three separate, publicly traded companies over the course of the 18-24 months, subject to the satisfaction of customary conditions, including final board approval regulatory approvals and satisfactory completion of financing. Outgoing CEO and executive chairman Ed Breen (pictured) described this as “an extraordinary opportunity to deliver long-term, sustainable shareholder value”.

The DuPont board of directors has reappointed Edward Breen as CEO in addition to his role as executive chairman, following disappointing results in 2019. Breen (above) had been chairman and CEO from 2015 to the merger with Dow, was CEO of DowDuPont until their merger was completed and had taken a board role at Corteva, the split-out crop protection company, since 2019.