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DuPont Announces Appointment of Kurt McMaken to Board of Directors

1. DuPont appoints Kurt McMaken to its Board of Directors. His appointment brings significant financial expertise. 2. McMaken will serve on the Audit and Nomination & Governance committees. His background from Brink's and Eaton is highlighted. 3. The board move aims to enhance DuPont's growth and value creation strategies. It signals a strategic focus on global business expertise.

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Why Bullish?

The appointment of a seasoned CFO with international experience is viewed as a strategic strength, likely boosting investor confidence. Similar appointments in the past have led to improved outlooks for governance and strategic growth.

How important is it?

While the appointment is significant for governance and long-term strategic improvements, its immediate effect on the share price is usually modest. The impact may become more pronounced as strategic initiatives roll out.

Why Long Term?

Board changes typically affect long-term company strategy and overall governance, rather than short-term stock price reactions. Historical examples show that enhanced board expertise gradually benefits company performance over time.

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BRKSETN
, /PRNewswire/ -- DuPont (NYSE: DD) today announced the appointment of Kurt McMaken to its Board of Directors, effective immediately. Mr. McMaken will serve on the Audit committee and Nomination and Governance committee. "We are pleased to welcome Kurt to DuPont's Board of Directors," said DuPont Executive Chairman Ed Breen. "Kurt's global business expertise in the manufacturing sector and extensive background in finance and strategic planning make him well suited to help guide DuPont's growth and value creation strategies. We look forward to his contributions to the Board." Mr. McMaken is Chief Financial Officer of Brinks, a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. Prior to joining Brink's in 2022, he was senior vice president, Operations Finance and Finance Transformation at Eaton Corporation plc, following a 20-year career with Eaton in financial and management positions. Mr. McMaken began his career in the Audit & Business Advisory Services practice at PricewaterhouseCoopers LLP. Mr. McMaken holds a Bachelor of Science degree from Georgetown University and an M.B.A. from the University of Chicago Booth School of Business. 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. SOURCE DuPont WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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