DuPont Announces Plans to Split into Three Public Companies, Names New CEO
DDDuPont(DD) investopedia.com·2024-05-23 06:55

Key Takeaways DuPont announced late Wednesday it will split into three publicly traded entities—focused on electronics, water and industrials, respectively—in an effort to better allocate capital. This isn't the first time DuPont has been a part of spinoffs, and the company becomes the latest conglomerate to deploy a similar strategy. DuPont also announced that Chief Financial Officer Lori Koch will replace Ed Breen as chief executive officer in June. Breen will stay on as executive chairman. Shares of the ...