DuPont is set to split into three publicly traded companies, with the Electronics and Water businesses being separated from the core industrial segment, which will continue as ‘New DuPont’. The plan is expected to enhance focus, agility, and value creation for shareholders. CEO Edward Breen will transition to the role of Executive Chairman, while CFO Lori Koch will become the new CEO. The separations, aimed to be tax-free for shareholders, are expected to complete within 18 to 24 months and will not require shareholder votes but need Board approval. Each of the three entities will have robust financial profiles and strategic growth opportunities. The move follows increasing trends among industrial giants to spin off operations, similar to Breen’s strategy at Tyco International.
Manufacturing, Electronics, Water Management,United States
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