Corteva Announces CFO Dave Anderson Retirement, Appoints David Johnson as EVP, Chief Financial Officer

Executive Leadership Change - Corteva appoints David Johnson as the new Executive Vice President and Chief Financial Officer (CFO), effective September 16, 2024 [1] - David Johnson joins from Atkore, where he served as CFO, bringing over three decades of experience in strategic and financial planning, risk assessment, mergers and acquisitions, and international operations [2] - Current CFO Dave Anderson will transition to a Strategic Advisor role until his retirement in Q1 2025, ensuring a smooth leadership transition [1] David Johnson's Background and Expertise - David Johnson has a proven track record of delivering strong financial results, operational efficiency, and financial discipline in large, global organizations [2] - During his six years at Atkore, he led the company through acquisitions and organic growth investments, transforming it into a leading electrical products company [2] - Prior to Atkore, he spent 29 years at Eaton Corporation, most recently as Vice President, Finance and Operations for its Electrical Sector business [2] Corteva's Financial Performance and Strategic Positioning - Corteva's financial strength has improved significantly, with margin expansion and nearly $4 billion returned to shareholders over the past three years [4] - The company is well-positioned as an industry leader, leveraging its world-class innovation to deliver value and growth to customers and shareholders [4] - Corteva's product and technology pipeline is industry-leading, driving growth and maximizing productivity for farmers globally [5] Industry and Company Overview - Corteva is a global pure-play agriculture company, offering a comprehensive portfolio of seeds, crop protection, and digital solutions to enhance yield and profitability [5] - The company operates with some of the most recognized brands in agriculture and is committed to enriching the lives of producers and consumers while ensuring progress for future generations [5] - Corteva became an independent public company on June 1, 2019, after being the Agriculture Division of DowDuPont [5]