DuPont to Split into Three Independent Companies
The 220-year-old chemical giant reorganizes to enhance focus and flexibility, appointing Lori Koch as new CEO.
- DuPont will divide into three publicly traded entities: electronics, water, and industrials.
- The split aims to unlock value for shareholders and allow each company to pursue targeted growth strategies.
- Lori Koch will take over as CEO, while current CEO Ed Breen will become executive chairman.
- The reorganization follows a trend of large conglomerates breaking up to increase agility.
- The separation is expected to be completed within 18 to 24 months.