You might also like
DuPont is a global innovation leader that provides technology-based materials and solutions across various industries, including electronics, transportation, construction, water, healthcare, and worker safety . The company operates primarily through two segments: Electronics & Industrial, and Water & Protection . DuPont's diverse product lines and strategic market presence enable it to maintain a robust revenue stream, with the Electronics & Industrial segment being a major contributor to its financial performance .
-
Electronics & Industrial - Offers product lines such as Semiconductor Technologies, Interconnect Solutions, and Industrial Solutions, serving applications in integrated circuit fabrication, printed circuit boards, and industrial finishing .
- Semiconductor Technologies - Provides materials and solutions for integrated circuit fabrication.
- Interconnect Solutions - Supplies products for printed circuit boards.
- Industrial Solutions - Delivers materials for industrial finishing applications.
-
Water & Protection - Focuses on providing innovative engineered products and integrated systems for industries like worker safety, water purification, and building materials .
- Kevlar® - Known for its high-strength materials used in protective gear.
- Nomex® - Offers flame-resistant materials for safety applications.
- Tyvek® - Provides protective materials for construction and other industries.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Edward D. Breen ExecutiveBoard | Executive Chairman | Director at Comcast Corporation; Advisory Board Member at New Mountain Capital LLC. | Former CEO of DuPont (2020-2024); transitioned to Executive Chairman in June 2024; led significant transformations at DuPont. | |
Antonella B. Franzen Executive | Chief Financial Officer (CFO) | Board Member at JELD-WEN Holding, Inc.. | Joined DuPont in 2022; previously CFO of the Water & Protection segment; became CFO of DuPont in June 2024. | |
Christopher Raia Executive | SVP & Chief Human Resources Officer | None. | Joined DuPont in 2019; became CHRO in March 2021; previously held HR leadership roles at Newell Brands and Citizens Bank. | |
Erik T. Hoover Executive | SVP & General Counsel | None. | Joined DuPont in 2019; previously General Counsel for the Specialty Products Division of DowDuPont; extensive legal and compliance expertise. | |
Jon Kemp Executive | President, Electronics & Industrial | None. | President of Electronics & Industrial since August 2019; previously Head of Strategy for the Specialty Products Division of DowDuPont. | |
Leland Weaver Executive | President, Water & Protection | None. | Joined DuPont in 2003; became President of Water & Protection in September 2021; extensive experience in engineering and business leadership. | |
Lori D. Koch Executive | Chief Executive Officer (CEO) | Director at Actylis; Board of Visitors at Penn State University. | Former CFO of DuPont (2020-2024); became CEO in June 2024; extensive experience in finance and investor relations. | View Report → |
Steve Larrabee Executive | SVP & Chief Information Officer | None. | Joined DuPont in 2019; previously CIO for the Specialty Products Division of DowDuPont; former CIO at Mars, Inc.. | |
Alexander M. Cutler Board | Director | Director at KeyCorp; President of Longwood Foundation; Board Member at Burris Logistics. | Former Chairman and CEO of Eaton; brings expertise in global business management, finance, and corporate governance. | |
Amy G. Brady Board | Director | EVP & CIO at KeyCorp. | Joined DuPont Board in 2019; extensive expertise in technology, operations, and cybersecurity. | |
Deanna M. Mulligan Board | Director | Trustee at New York Presbyterian Hospital; Director at Chief Executives for Corporate Purpose. | Joined DuPont Board in 2021; former CEO of Guardian Life Insurance; expertise in finance, risk management, and corporate governance. | |
Eleuthère I. du Pont Board | Director | President of Longwood Foundation; Board Member at WSFS Financial Corporation and Burris Logistics. | Joined DuPont Board in 2019; expertise in corporate governance, finance, and operations. | |
Frederick M. Lowery Board | Director | EVP at Thermo Fisher Scientific; Trustee at Boston Medical Center and Tennessee Tech. | Joined DuPont Board in 2019; expertise in science, technology, and global supply chain management. | |
James A. Lico Board | Director | CEO of Fortive Corporation; Member of Business Council and University of Michigan advisory councils. | Joined DuPont Board in 2024; expertise in corporate transformation, technology, and M&A. | |
Kristina M. Johnson Board | Director | Director at Cisco Systems; Director at Minerals Technologies Inc. (effective May 2024). | Joined DuPont Board in 2022; expertise in engineering, technology, and education. | |
Luther C. Kissam, IV Board | Director | Senior Advisor at Bernhard Capital Partners; Director at OGE Energy Corp; Chairman of Cirba Solutions. | Joined DuPont Board in 2019; expertise in corporate governance and business leadership. | |
Ruby R. Chandy Board | Director | Director at Flowserve Corporation and Thermo Fisher Scientific; Advisory roles at Pritzker Private Capital. | Joined DuPont Board in 2019; expertise in industrial, medical, and specialty materials industries. | |
Steven M. Sterin Board | Director | Senior Advisor at McKinsey & Company; Board Member at Kosmos Energy. | Joined DuPont Board in 2019; expertise in finance, capital markets, and enterprise risk management. | |
Terrence R. Curtin Board | Director | CEO of TE Connectivity; Board Member at U.S.-China Business Council. | Joined DuPont Board in 2019; expertise in technology, M&A, and corporate governance. |
-
Given your anticipation of price givebacks in the shelter segment carrying forward into 2025, and the expectation of low single-digit activity in construction markets due to fewer rate cuts than anticipated, how do you plan to mitigate margin pressures and drive growth in this environment?
-
With normal seasonal declines expected in your electronics and construction markets, along with a moderation of growth in China, how confident are you in achieving your Q4 guidance of 6% net sales growth, and what risks could impact these projections?
-
As you work to accelerate the separations of your electronics and water businesses closer to the earlier end of the 18- to 24-month timeline, what specific operational challenges do you foresee, and how will you ensure that the new companies are prepared to operate and execute from day one without disrupting current performance?
-
The strong margins in the Water & Protection segment were attributed to operational execution, restructuring actions, and productivity improvements. With expectations of some price givebacks in 2025, how sustainable are these margin improvements, and what additional measures will you take to maintain profitability?
-
Given that the majority of your cash flow next year will be used for separation costs, with no additional share repurchases or significant CapEx planned, how do you plan to deliver shareholder value in the near term, and are there opportunities to adjust your capital allocation strategy post-separation?
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
Competes in the Electronics & Industrial segment, which provides differentiated materials and component solutions for high performance computing, 5G, electric vehicles, and a broad range of consumer electronics. | |
Competes in the Electronics & Industrial segment, which provides differentiated materials and component solutions for high performance computing, 5G, electric vehicles, and a broad range of consumer electronics. | |
Henkel | Competes in the Electronics & Industrial segment, which provides differentiated materials and component solutions for high performance computing, 5G, electric vehicles, and a broad range of consumer electronics. |
JSR | Competes in the Electronics & Industrial segment, which provides differentiated materials and component solutions for high performance computing, 5G, electric vehicles, and a broad range of consumer electronics. |
Competes in the Electronics & Industrial segment, which provides differentiated materials and component solutions for high performance computing, 5G, electric vehicles, and a broad range of consumer electronics. | |
Competes in the Electronics & Industrial segment, which provides differentiated materials and component solutions for high performance computing, 5G, electric vehicles, and a broad range of consumer electronics. | |
Competes in the Electronics & Industrial segment, which provides differentiated materials and component solutions for high performance computing, 5G, electric vehicles, and a broad range of consumer electronics. | |
TOK | Competes in the Electronics & Industrial segment, which provides differentiated materials and component solutions for high performance computing, 5G, electric vehicles, and a broad range of consumer electronics. |
Competes in the Water & Protection segment, which provides solutions for water filtration, personal protection, and construction materials. | |
Competes in the Water & Protection segment, which provides solutions for water filtration, personal protection, and construction materials. | |
Hydranautics | Competes in the Water & Protection segment, which provides solutions for water filtration, personal protection, and construction materials. |
Kingspan | Competes in the Water & Protection segment, which provides solutions for water filtration, personal protection, and construction materials. |
Kolan | Competes in the Water & Protection segment, which provides solutions for water filtration, personal protection, and construction materials. |
Lanxess | Competes in the Water & Protection segment, which provides solutions for water filtration, personal protection, and construction materials. |
LG Chem | Competes in the Water & Protection segment, which provides solutions for water filtration, personal protection, and construction materials. |
Competes in the Water & Protection segment, which provides solutions for water filtration, personal protection, and construction materials. | |
Competes in the Water & Protection segment, which provides solutions for water filtration, personal protection, and construction materials. | |
Competes in the Water & Protection segment, which provides solutions for water filtration, personal protection, and construction materials. | |
Toray | Competes in the Water & Protection segment, which provides solutions for water filtration, personal protection, and construction materials. |
Teijin | Competes in the Water & Protection segment, which provides solutions for water filtration, personal protection, and construction materials. |
Yantai | Competes in the Water & Protection segment, which provides solutions for water filtration, personal protection, and construction materials. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Donatelle Plastics Incorporated | 2024 | Completed on July 28, 2024, the acquisition was valued at $365 million (including a contingent earn-out liability) and strategically enhances DuPont’s healthcare portfolio by adding advanced medical device manufacturing capabilities such as injection molding and precision machining, with integration into the Industrial Solutions line. |
Spectrum Plastics Group | 2023 | Completed on August 1, 2023, this deal was executed for a net purchase price of approximately $1.792 billion, with acquisition funding via existing cash balances; it strategically strengthens DuPont’s Electronics & Industrial segment by acquiring state-of-the-art manufacturing capabilities for flexible packaging, extrusions, and components, with detailed purchase price allocations provided. |
Recent press releases and 8-K filings for DD.
- Q1 2025 Performance: Reported net sales of $3.1B (5% increase, 6% organic growth) and operating EBITDA of $788M with adjusted EPS of $1.03 .
- GAAP Financials: Recorded a GAAP loss of $(548)M from continuing operations with a $768M non‑cash goodwill impairment, resulting in GAAP EPS of $(1.33) .
- Strategic Separation: Advanced spin‑off plans for the Qnity/ElectronicsCo business targeted for November 1, 2025, with new executive appointments of CEO‑elect Jon Kemp and CFO‑elect Matt Harbaugh .
- Guidance Update: Revised forward guidance with Q2 estimated net sales of about $3.2B, full‑year net sales of $12.8–12.9B, and adjusted EPS of $4.30–4.40, noting a planned $60M net tariff cost impact in 2025 .
- Financial Realignment: Recast consolidated FY2024 statements to a new two‑segment structure (ElectronicsCo and IndustrialsCo) effective Q1 2025, improving comparability .
- ElectronicsCo Performance: Delivered 14% organic sales growth coupled with strong margin expansion .
- Qnity Electronics is introduced as the new independent public company from DuPont’s planned spin-off of its Electronics business.
- Matthew Harbaugh is named CFO, effective May 1, 2025, bringing over 25 years of financial and operational expertise.
- Additional senior leadership has been appointed, with key roles in Interconnect Solutions, Semiconductor Technologies, General Counsel, and Human Resources, while a future Board Chair is to be named following Michael Stubblefield’s decision to step aside.
- DuPont filed the initial Form 10 registration statement with the SEC for the planned spin-off of its Electronics business, now under the temporary name Novus SpinCo1, Inc.
- The spin-off, targeting a completion date of November 1, 2025, aims to create a global leader in materials and technology for the semiconductor and electronics industries, subject to customary conditions.
- Jon Kemp has been named as the CEO of the future independent Electronics company, a spin-off from DuPont, with the separation targeted for November 1, 2025.
- Michael Stubblefield has been appointed as the non-executive chairman, bringing his extensive leadership experience to the board.
- The planned spin-off is intended to position the new company as a global leader in materials and technology solutions for the semiconductor and electronics industries.
- Mr. Leland G. Weaver, President of the Water & Protection segment, will depart the company effective upon the consummation of the electronics business separation, transitioning to serve as President of Diversified Solutions until a successor is named.
- His departure is classified as a separation without cause under the DuPont Senior Executive Severance Plan, with planned orderly transition during the separation process.