DuPont chief executive retiring

Wilmington, Delaware – Ellen Kullman is stepping down as CEO and chairman of DuPont Co. on 16 Oct, while the Wilmington, Delaware-based chemical giant has decreased its earnings outlook for the year.

Edward Breen, who led Tyco International out of bankruptcy and joined the DuPont board of directors earlier this year, was named interim chairman and CEO.

“With a strong foundation in place, now is the right time for a new leader to continue to drive the pace of change to capitalize fully on the opportunity ahead,”…

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