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DuPont Announces Board of Directors for the Planned Independent Electronics Company
March 27, 2025 | PRNewswireEstimated reading time: 2 minutes
DuPont announced the members of the future board of directors for the independent Electronics public company that will be created following its intended spin-off from DuPont. The Electronics Board is expected to consist of nine members following the completion of the separation, which is targeted for November 1, 2025.
"As we prepare the Electronics business to become an independent public company, we're assembling a board with a deep understanding of technology and innovation-led growth strategies," said Alexander M. Cutler, DuPont's Lead Independent Director. "The future board members announced today are highly accomplished leaders with capabilities spanning capital allocation, corporate governance, and global business management. Together this strong mix of capabilities will position the future Electronics company to achieve its growth potential and drive shareholder value creation."
As previously announced, Michael Stubblefield, President and CEO of Avantor, will serve as Chairman of the Electronics Board.
Jon Kemp, President of the Electronics division of DuPont and CEO-elect of the future Electronics company, will serve as a director.
Following the completion of the separation, three current members of the DuPont board of directors will move to the Electronics Board as independent directors. They are:
Terrence R. Curtin, a DuPont director since June 2019, is currently CEO and Board Member of TE Connectivity, a global technology leader in connectivity and sensor solutions.
Steven M. Sterin, a DuPont director since June 2019, is currently a Senior Advisor to McKinsey & Company and was the Chief Financial Officer of Andeavor from 2014 until the merger of Andeavor with Marathon Petroleum Company in October 2018.
Dr. Kristina M. Johnson, a DuPont director since May 2022, served as the President of The Ohio State University from September 2020 until May 2023 and was Under Secretary of Energy at the U.S. Department of Energy from May 2009 to October 2010.
Two additional independent directors have been announced as members of the future Electronics Board:
Byron Green served as Vice President of Global Operations for L3Harris Technologies, a global aerospace and defense technology company from July 2019 to February 2025.
Dr. Shumeet Banerji is the founder of Condorcet, LP an advisory and investment firm focused on early and development stage technology companies and served as CEO of Booz & Company from 2008 to 2012.
The remaining independent directors will be named at a later date following an in-depth search process.
"As we seek to lead a new era of advanced computing and connectivity, the future Electronics company will be well-prepared with a best-in-class board," said Kemp. "The group we have assembled are bold innovators and fresh thinkers who will play a critical role in shaping our strategic direction and strengthening our position as a leader in the electronics industry. I look forward to their partnership and guidance as we leverage our leading-edge technologies and deep customer relationships to drive innovation in attractive high-growth markets."
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Sweeney Ng - CEE PCBSuggested Items
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