Edward D. Breen
Edward D. Breen is the chief executive officer of DowDuPont and will become the executive chairman of the new DuPont upon separation, which is expected to occur by June 1, 2019.
Prior to his role at DowDuPont, Mr. Breen was the chair of the board and CEO of DuPont, a role he assumed on November 9, 2015. He joined the DuPont board of directors in February 2015, was named interim chair of the board and CEO on October 16, 2015, and assumed those roles permanently on November 9, 2015.
Mr. Breen served as chairman and CEO of Tyco International plc (“Tyco”) from July 2002 until September 2012. Over the course of his tenure, he transformed Tyco into a strong market leader, reviving the company from near bankruptcy and rebuilding the company's brand and credibility. He oversaw a successful restructuring, including divesting non-core operations resulting in the spin-offs of Covidien, TE Connectivity, ADT Corporation, and the merger of Tyco Flow Control with Pentair. He also established and met goals within areas of operational excellence and corporate governance.
Prior to joining Tyco, Mr. Breen held several senior management positions at Motorola from 2000 to 2002, including as president and chief operating officer. Mr. Breen is credited with instituting cost management programs that made Motorola a more efficient and effective organization and led the company back to profitability. From December 1997 to January 2000, he served as chairman, president and chief executive officer of General Instrument Corporation where he created significant long-term shareholder value by driving a revenue growth strategy. Between 1994 and 1997, Mr. Breen was president of the Broadband Networks Group for General Instrument, president of Eastern Operations for the Communications Division, and served as executive vice president of Terrestrial Systems.
Mr. Breen currently serves as a director of Comcast Corporation. He also serves as a member of the advisory board of New Mountain Capital LLC, a private equity firm.
Mr. Breen has been awarded numerous governance awards including being named one of the "100 Most Influential People in Business Ethics" by Ethisphere.
DowDuPont brings together the complementary portfolios of Dow and DuPont, two innovative, science-based companies that hold leadership positions in the Agriculture, Materials Science and Specialty Products industries. Working together, we intend to create three strong, independent companies1 that will be more competitive than either company could be on its own and well equipped for science-driven, profitable, long-term growth.
Each of the intended separations is fueled by the powerful combination of highly complementary portfolios, resources, and capabilities from Dow and DuPont. They will each be better positioned than their predecessors to continue driving innovation to provide superior solutions for customers, and better serve communities around the world.
Our collective heritage is impressive, but the significant potential of DowDuPont is the intention to create three independent companies whose greatest opportunities and most important contributions are yet to come.
Upon completion of the intended separations, the future Agriculture, Materials Science and Specialty Products companies will remain deeply committed to market-driven research and development, backed by world-class engineering capabilities that is honed to deliver differentiated products and solutions. And each will be committed to uphold sustainability, to use science and innovation to tackle world challenges, and to maintain a best-in-class safety culture.