Corteva Announces CFO Dave Anderson Retirement, Appoints David Johnson as EVP, Chief Financial Officer
Corteva (NYSE: CTVA) has appointed David Johnson as its new Executive Vice President and Chief Financial Officer (CFO), effective September 16, 2024. Johnson, previously CFO at Atkore, will succeed Dave Anderson, who will serve as a Strategic Advisor to the CEO until his retirement in Q1 2025. Johnson brings over three decades of experience in financial planning, risk assessment, M&A, and global operations.
CEO Chuck Magro praised Johnson's track record of delivering strong results and operational efficiency. At Atkore, Johnson oversaw financial and IT activities, contributing to the company's transformation through acquisitions and organic growth. Previously, he spent 29 years at Eaton , lastly as VP of Finance and Operations for its Electrical Sector business.
Corteva (NYSE: CTVA) ha nominato David Johnson come nuovo Vice Presidente Esecutivo e Direttore Finanziario (CFO), con effetto a partire dal 16 settembre 2024. Johnson, precedentemente CFO di Atkore, succederà a Dave Anderson, che rivestirà il ruolo di Consigliere Strategico per il CEO fino al suo pensionamento nel primo trimestre del 2025. Johnson porta con sé oltre tre decenni di esperienza in pianificazione finanziaria, valutazione dei rischi, fusioni e acquisizioni (M&A) e operazioni globali.
Il CEO Chuck Magro ha elogiato il record di Johnson nel fornire risultati solidi ed efficienza operativa. Presso Atkore, Johnson ha supervisionato le attività finanziarie e IT, contribuendo alla trasformazione dell’azienda attraverso acquisizioni e crescita organica. In precedenza, ha trascorso 29 anni in Eaton, l'ultimo dei quali come VP delle Finanze e delle Operazioni per il settore elettrico.
Corteva (NYSE: CTVA) ha nombrado a David Johnson como su nuevo Vicepresidente Ejecutivo y Director Financiero (CFO), con efecto a partir del 16 de septiembre de 2024. Johnson, anteriormente CFO en Atkore, sucederá a Dave Anderson, quien se desempeñará como Asesor Estratégico del CEO hasta su jubilación en el primer trimestre de 2025. Johnson aporta más de tres décadas de experiencia en planificación financiera, evaluación de riesgos, fusiones y adquisiciones (M&A) y operaciones globales.
El CEO Chuck Magro elogió el historial de Johnson en la entrega de sólidos resultados y eficiencia operativa. En Atkore, Johnson supervisó las actividades financieras y de TI, contribuyendo a la transformación de la empresa a través de adquisiciones y crecimiento orgánico. Anteriormente, pasó 29 años en Eaton, siendo su último puesto VP de Finanzas y Operaciones para el negocio de su sector eléctrico.
Corteva (NYSE: CTVA)는 David Johnson을 새로운 부회장 겸 최고 재무 책임자(CFO)로 임명했다고 발표했습니다. 발효일은 2024년 9월 16일입니다. Johnson은 이전에 Atkore의 CFO로 재직했으며, Dave Anderson의 뒤를 이어 역할을 맡게 됩니다. Anderson은 2025년 1분기 은퇴할 때까지 CEO의 전략 고문으로 활동할 것입니다. Johnson은 재무 계획, 위험 평가, M&A, 글로벌 운영에서 30년 이상의 경험을 보유하고 있습니다.
CEO Chuck Magro는 Johnson이 강력한 결과 및 운영 효율성을 제공한 경력에 대해 높이 평가했습니다. Atkore에서 Johnson은 재무 및 IT 활동을 감독하여 인수 및 유기적 성장을 통해 회사의 변화를 이끌었습니다. 그 이전에는 Eaton에서 29년을 보냈으며, 마지막에는 전기 부문의 재무 및 운영 부사장으로 근무했습니다.
Corteva (NYSE: CTVA) a nommé David Johnson au poste de nouveau Vice-Président Exécutif et Directeur Financier (CFO), à compter du 16 septembre 2024. Johnson, qui était auparavant CFO chez Atkore, succédera à Dave Anderson, qui servira en tant que Conseiller Stratégique auprès du CEO jusqu'à sa retraite au premier trimestre de 2025. Johnson apporte plus de trois décennies d'expérience en planification financière, évaluation des risques, fusions et acquisitions (M&A) et opérations mondiales.
Le CEO Chuck Magro a loué le parcours de Johnson, soulignant sa capacité à obtenir des résultats solides et une efficacité opérationnelle. Chez Atkore, Johnson supervisait les activités financières et informatiques, contribuant à la transformation de l'entreprise à travers des acquisitions et une croissance organique. Auparavant, il a passé 29 ans chez Eaton, terminant en tant que VP des Finances et des Opérations pour le secteur électrique.
Corteva (NYSE: CTVA) hat David Johnson als neuen Executive Vice President und Chief Financial Officer (CFO) ernannt, der am 16. September 2024 seinen Dienst antreten wird. Johnson, der zuvor CFO bei Atkore war, wird Dave Anderson nachfolgen, der bis zu seinem Ruhestand im ersten Quartal 2025 als Strategischer Berater des CEO tätig sein wird. Johnson bringt über drei Jahrzehnte Erfahrung in der finanziellen Planung, Risikoabschätzung, M&A und globalen Operationen mit.
CEO Chuck Magro lobte Johnsons Erfolgsbilanz bei der Bereitstellung starker Ergebnisse und betrieblicher Effizienz. Bei Atkore überwachte Johnson die finanziellen und IT-Aktivitäten und trug zur Transformation des Unternehmens durch Akquisitionen und organisches Wachstum bei. Zuvor verbrachte er 29 Jahre bei Eaton, letztlich als VP für Finanzen und Operationen im Bereich Elektrotechnik.
- Appointment of experienced CFO David Johnson with a strong track record
- Smooth transition plan with current CFO Dave Anderson serving as Strategic Advisor
- Corteva's financial strength has improved with significant margin expansion
- Nearly $4 billion returned to shareholders over the past three years
- None.
Corteva Chief Executive Officer Chuck Magro said, "David is an accomplished CFO who brings to his new role a proven track record of delivering strong results, operational efficiency and financial discipline to large, global organizations. The Board and I are delighted to have David join our management team and help us continue to deliver profitable growth to our shareholders and groundbreaking technology to our customers."
At Atkore, David was responsible for all financial and information technologies activities. During his six years there, the business transformed through acquisitions and organic growth investments into a leading electrical products company. Prior to Atkore, David spent 29 years at Eaton Corporation, most recently as Vice President, Finance and Operations for its Electrical Sector business. Cumulatively, he has more than three decades of experience in strategic and financial planning, risk assessment, mergers and acquisitions, global tax strategies, international operations, and internal controls.
"I could not be more excited to join Corteva, a leader of one of the world's most dynamic, competitive industries. I look forward to working with the Board, Chuck and the management team – and alongside farmers and customers – to help propel this company into its next phase," said Johnson.
Corteva Chief Financial Officer Dave Anderson said, "Corteva's financial strength continues to improve – with significant margin expansion and cash returned to shareholders approaching
Magro added, "On behalf of the Board and the management team, I want to thank Dave Anderson for his dedicated service, invaluable guidance and expertise and many contributions. We wish him the very best in retirement."
About Corteva
Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that provides farmers around the world with the most complete portfolio in the industry – including a balanced and diverse mix of seed, crop protection and digital solutions focused on maximizing productivity to enhance yield and profitability. With some of the most recognized brands in agriculture and an industry-leading product and technology pipeline well positioned to drive growth, the Company is committed to working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. Corteva became an independent public company on June 1, 2019 and was previously the Agriculture Division of DowDuPont. More information can be found at www.corteva.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/corteva-announces-cfo-dave-anderson-retirement-appoints-david-johnson-as-evp-chief-financial-officer-302211521.html
SOURCE Corteva, Inc.
FAQ
When will David Johnson start as Corteva's new CFO?
Who is David Johnson replacing as Corteva's CFO?
What is David Johnson's previous work experience?
How much has Corteva (CTVA) returned to shareholders in recent years?
