DuPont Announces Additional Directors for the Planned Independent Electronics Company
DuPont (NYSE: DD) has announced two new additions to the board of directors for its planned independent Electronics company, which is set to spin off from DuPont on November 1, 2025. Karin De Bondt, Senior Vice President and Chief Strategy Officer at Trane Technologies, and Anne Noonan, former President and CEO of Summit Materials, will join the nine-member Electronics Board.
The appointments represent a important milestone in DuPont's separation planning, according to Lead Independent Director Alexander M. Cutler. Both directors bring extensive experience in executive leadership, capital allocation, mergers and acquisitions, governance, and risk management to the future Electronics company.
DuPont (NYSE: DD) ha annunciato due nuove nomine nel consiglio di amministrazione della sua futura società indipendente nel settore dell'elettronica, che sarà scorporata da DuPont il 1° novembre 2025. Karin De Bondt, Vicepresidente Senior e Chief Strategy Officer di Trane Technologies, e Anne Noonan, ex Presidente e CEO di Summit Materials, entreranno a far parte del consiglio di amministrazione composto da nove membri.
Secondo il Direttore Indipendente Principale Alexander M. Cutler, queste nomine rappresentano una tappa importante nella pianificazione della separazione di DuPont. Entrambe le dirigenti apportano una vasta esperienza in leadership esecutiva, allocazione del capitale, fusioni e acquisizioni, governance e gestione del rischio alla futura società Electronics.
DuPont (NYSE: DD) ha anunciado dos nuevas incorporaciones al consejo de administración de su futura compañía independiente de Electrónica, que se escindirá de DuPont el 1 de noviembre de 2025. Karin De Bondt, Vicepresidenta Senior y Directora de Estrategia en Trane Technologies, y Anne Noonan, ex Presidenta y CEO de Summit Materials, se unirán al consejo de Electrónica, que cuenta con nueve miembros.
Según el Director Independiente Principal Alexander M. Cutler, estos nombramientos representan un hito importante en la planificación de la separación de DuPont. Ambas directoras aportan una amplia experiencia en liderazgo ejecutivo, asignación de capital, fusiones y adquisiciones, gobernanza y gestión de riesgos a la futura compañía Electronics.
DuPont (NYSE: DD)는 2025년 11월 1일 DuPont에서 분사할 예정인 독립 전자 회사의 이사회에 두 명의 신규 이사를 임명했다고 발표했습니다. Karin De Bondt는 Trane Technologies의 수석 부사장이자 최고 전략 책임자이며, Anne Noonan은 Summit Materials의 전 사장 겸 CEO로, 9인으로 구성된 전자 회사 이사회에 합류할 예정입니다.
수석 독립 이사인 Alexander M. Cutler에 따르면, 이번 임명은 DuPont 분사 계획에 있어 중요한 이정표를 의미합니다. 두 이사는 모두 미래 전자 회사에 경영진 리더십, 자본 배분, 인수합병, 거버넌스 및 리스크 관리 분야에서 풍부한 경험을 제공합니다.
DuPont (NYSE : DD) a annoncé deux nouvelles nominations au conseil d'administration de sa future société indépendante dédiée à l'électronique, qui sera scindée de DuPont le 1er novembre 2025. Karin De Bondt, Vice-Présidente Senior et Directrice de la Stratégie chez Trane Technologies, et Anne Noonan, ancienne Présidente et CEO de Summit Materials, rejoindront le conseil d'administration de neuf membres de la société Electronics.
Selon le Directeur Indépendant Principal Alexander M. Cutler, ces nominations marquent une étape importante dans la planification de la séparation de DuPont. Ces deux dirigeantes apportent une vaste expérience en leadership exécutif, allocation de capital, fusions et acquisitions, gouvernance et gestion des risques à la future société Electronics.
DuPont (NYSE: DD) hat zwei neue Mitglieder für den Vorstand seines geplanten unabhängigen Elektronikunternehmens bekannt gegeben, das am 1. November 2025 von DuPont ausgegliedert werden soll. Karin De Bondt, Senior Vice President und Chief Strategy Officer bei Trane Technologies, sowie Anne Noonan, ehemalige Präsidentin und CEO von Summit Materials, werden dem neunköpfigen Elektronikvorstand beitreten.
Die Ernennungen stellen laut dem leitenden unabhängigen Direktor Alexander M. Cutler einen wichtigen Meilenstein in der Trennungsplanung von DuPont dar. Beide Vorstandsmitglieder bringen umfassende Erfahrung in den Bereichen Führung, Kapitalallokation, Fusionen und Übernahmen, Unternehmensführung und Risikomanagement für das zukünftige Elektronikunternehmen mit.
- Strategic progress in separation planning with completion of board member appointments
- Appointment of experienced executives with relevant expertise in strategy and leadership
- None.
Karin De Bondt and Anne Noonan to serve as independent directors
Ms. De Bondt is Senior Vice President and Chief Strategy Officer for Trane Technologies, a global climate innovator that brings efficient and sustainable climate solutions to buildings, homes and transportation.
Ms. Noonan served as President and Chief Executive Officer of Summit Materials, a construction materials company, from September 2020 to February 2025 and is a member of the board of directors for CF Industries.
"With the announcement of these two future board members, we've established an exceptional nine-member board to guide the future Electronics company, and completed a critical milestone in our separation planning," said Alexander M. Cutler, DuPont's Lead Independent Director. "Karin and Anne bring deep experience in executive leadership, capital allocation, mergers and acquisitions, governance and risk management. We look forward to the strong contributions and invaluable perspectives they will bring to the future Electronics company."
About DuPont
DuPont (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, construction, water, healthcare and worker safety. More information about the company, its businesses and solutions can be found at www.dupont.com. Investors can access information included on the Investor Relations section of the website at investors.dupont.com.
DuPont™, the DuPont Oval Logo, and all trademarks and service marks denoted with ™, SM or ® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.
On January 15, 2025, DuPont announced it is targeting November 1, 2025, for the completion date for the intended separation of the Electronics business (the "Intended Electronics Separation"). The Intended Electronics Separation will not require a shareholder vote and is subject to satisfaction of customary conditions, including final approval by DuPont's Board of Directors, receipt of tax opinion from counsel, the filing and effectiveness of a Form 10 registration statement with the
Cautionary Statement about Forward-Looking Statements
This communication contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," "target, "outlook," "stabilization," "confident," "preliminary," "initial," and similar expressions and variations or negatives of these words. All statements, other than statements of historical fact, are forward-looking statements, including statements regarding outlook, expectations and guidance. Forward-looking statements address matters that are, to varying degrees, uncertain and subject to risks, uncertainties, and assumptions, many of which that are beyond DuPont's control, that could cause actual results to differ materially from those expressed in any forward-looking statements.
Forward-looking statements are not guarantees of future results. Some of the important factors that could cause DuPont's actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the ability of DuPont to effect the Intended Electronics Separation and to meet the conditions related thereto; (ii) the possibility that the Intended Electronics Separation will not be completed within the anticipated time period or at all; (iii) the possibility that the Intended Electronics Separation will not achieve its intended benefits; (iv) the impact of Intended Electronics Separation on DuPont's businesses and the risk that the separation may be more difficult, time-consuming or costly than expected, including the impact on DuPont's resources, systems, procedures and controls, diversion of management's attention and the impact and possible disruption of existing relationships with customers, suppliers, employees and other business counterparties; (v) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the Intended Electronics Separation; (vi) the uncertainty of the expected financial performance of DuPont or the separated company following completion of the Intended Electronics Separation; (vii) negative effects of the announcement or pendency of the Intended Electronics Separation on the market price of DuPont's securities and/or on the financial performance of DuPont; (viii) the ability to achieve anticipated capital structures in connection with Intended Electronics Separation, including the future availability of credit and factors that may affect such availability; (ix) the ability to achieve anticipated credit ratings in connection with the Intended Electronics Separation; (x) the ability to achieve anticipated tax treatments in connection with the Intended Electronics Separation and completed and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; and (xi) other risk factors discussed in DuPont's most recent annual report and subsequent current and periodic reports filed with the
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SOURCE DuPont
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