DuPont Announces Three-Way Split
DuPont has announced plans to split into three standalone businesses, a process expected to take 18 to 24 months. The remaining firm, 'New DuPont,' will retain well-known brands like Tyvek®, Kevlar®, and Nomex®. Governor John Carney supports the move, emphasizing its potential for growth and flexibility. Ed Breen, stepping down as CEO, will be succeeded by CFO Lori Koch but will remain as Executive Chairman.