DuPont to Split into 3 Public Companies, Appoints New CEO - Modern Distribution Management

Log In

DuPont to Split into 3 Public Companies, Appoints New CEO

The company is set to separate its electronics and water businesses from its industrial unit.
DuPont company logo sign outside the headquarters in Wilmington,

Chemicals and materials manufacturing conglomerate DuPont de Nemours Inc. — widely known as DuPont — plans to split the company three ways in a transformative move, while also appointing a new CEO who will take over in June.

The plan involves the separations of DuPont’s Electronics and Water businesses, with a new DuPont moving forward as a diversified industrial company.

Announced May 23, the company expects to execute the split in 18 to 24 months and to announce leadership of the standalone, publicly-traded companies before that happens.

Meanwhile, the company named current CFO Lori Koch as its new CEO, effective June 1, succeeding Ed Breen, who will retain his role as Executive Chairman. Antonella Franzen, currently CFO of DuPont’s Water & Protection unit, will take over as DuPont CFO.

“This is an extraordinary opportunity to deliver long-term, sustainable shareholder value through the creation of three strong, industry-leading companies,” Breen said in a news release. “The three-way separation will unlock incremental value for shareholders and customers and also create new opportunities for employees. Critically, each company will have greater flexibility to pursue their own focused growth strategies, including portfolio enhancing M&A.”

DuPont provided a snapshot breakdown of what the three standalone companies will look like:

New DuPont: “A premier diversified industrial company powered by deep materials science and application engineering expertise, industry-leading innovation, top-tier manufacturing capabilities, and iconic brands such as Tyvek, Kevlar and Nomex.” 

  • New DuPont will consist of the existing businesses within DuPont’s Water & Protection segment (excluding Water Solutions); the majority of businesses within Industrial Solutions (including healthcare); and the retained businesses reported in Corporate (including adhesives). Those businesses had 2023 net sales of about $6.6 billion and operating EBITDA margin of approximately 24%.

Electronics: “A leading global provider of differentiated electronics materials including key consumables used in semiconductor chip manufacturing, as well as advanced electronic materials enabling reliable signal integrity, power management and thermal management.” 

  • Electronics will consist of DuPont’s existing Semiconductor Technologies and Interconnect Solutions lines of business, along with the electronics-related product lines from Industrial Solutions. Those businesses had 2023 net sales of about $4.0 billion and operating EBITDA margin of 29%.

Water: “A global technology leader with a comprehensive portfolio of water filtration and purification solutions with leading technologies in reverse osmosis, ion exchange and ultrafiltration. Its solutions provide critical components and systems that generate clean and fit-for-purpose water across a variety of market segments including industrial water and energy, life sciences and specialties, municipal and desalination, and residential and commercial.

  • Water will consist of DuPont’s current Water Solutions line, which had 2023 net sales of about $1.5 billion and operating EBITDA margin of 24%.


The reorganization will mark the second major split for DuPont in a decade. In 2015, DuPont and Dow merged in a deal valued at $130 billion, in which the companies then split into three companies upon its completion in 2017. It created DowDuPont, a holding company with three divisions — Agriculture, Materials Science and Specialty Products.

In 2019, DuPont completed its spin-off from DowDuPont.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.