Corteva Inc. has announced the executive leadership team for "SpinCo," its forthcoming publicly traded seed and genetics company, which is expected to emerge from the planned separation of Corteva in the fourth quarter of 2026.
The new company will centre its business on seed, genetics and biotechnology, with ambitions to deepen its core capabilities through gene editing and molecular breeding. SpinCo also intends to explore growth opportunities across additional row crops and adjacent segments, while expanding its licensing business and leveraging its existing market network.
Chuck Magro, who will assume the role of Chief Executive Officer upon separation, expressed confidence in the assembled team. "I have every confidence that this leadership team will deliver growth and position the new company for long-term success," Magro said. "That success will be driven by innovation that helps farmers produce more food and fuel, supported by continued investment in technology and broader opportunities for impact."
The confirmed leadership team includes David Johnson as Chief Financial Officer, Judd O'Connor as Chief Commercial and Operations Officer, Sam Eathington as Chief Technology Officer, Audrey Grimm as Chief People Officer, Brian Lutz as Chief Digital and Information Officer, and Jennifer Johnson as Chief Legal Officer.
The leadership team is scheduled to host an investor day on 15 September at the New York Stock Exchange. Further details regarding participation, attendance, and the company's future name and brand identity are expected to be announced in the coming weeks.
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