INDIANAPOLIS, July 31, 2024 /PRNewswire/ -- Corteva, Inc.
(NYSE: CTVA) announced today that it has appointed David Johnson as its new Executive Vice
President and Chief Financial Officer (CFO), effective September 16, 2024. David, who will be based at
Corteva headquarters in Indianapolis, joins Corteva from Atkore, a
publicly traded company and leader in electrical, safety, and
infrastructure solutions, where he also served as CFO. He
will succeed Dave Anderson, current
Corteva EVP and CFO, who will serve as a Strategic Advisor to the
CEO until his retirement in the first quarter of 2025, ensuring a
seamless transition.
Corteva Chief Executive Officer Chuck
Magro said, "David is an accomplished CFO who brings to his
new role a proven track record of delivering strong results,
operational efficiency and financial discipline to large, global
organizations. The Board and I are delighted to have David join our
management team and help us continue to deliver profitable growth
to our shareholders and groundbreaking technology to our
customers."
At Atkore, David was responsible for all financial and
information technologies activities. During his six years there,
the business transformed through acquisitions and organic growth
investments into a leading electrical products company. Prior
to Atkore, David spent 29 years at Eaton Corporation, most recently
as Vice President, Finance and Operations for its Electrical Sector
business. Cumulatively, he has more than three decades of
experience in strategic and financial planning, risk assessment,
mergers and acquisitions, global tax strategies, international
operations, and internal controls.
"I could not be more excited to join Corteva, a leader of one of
the world's most dynamic, competitive industries. I look forward to
working with the Board, Chuck and the management team – and
alongside farmers and customers – to help propel this company into
its next phase," said Johnson.
Corteva Chief Financial Officer Dave
Anderson said, "Corteva's financial strength continues to
improve – with significant margin expansion and cash returned to
shareholders approaching $4 billion
over the past three years – making the company an attractive
investment and industry leader, well-positioned to continue to
deliver value and growth to its customers and shareholders through
its world-class innovation. I am pleased to turn the financial
reins over to David Johnson, an
experienced, proven CFO with a long track record of consistently
delivering results."
Magro added, "On behalf of the Board and the management team, I
want to thank Dave Anderson for his
dedicated service, invaluable guidance and expertise and many
contributions. We wish him the very best in retirement."
About Corteva
Corteva, Inc. (NYSE: CTVA) is a global
pure-play agriculture company that provides farmers around the
world with the most complete portfolio in the industry – including
a balanced and diverse mix of seed, crop protection and digital
solutions focused on maximizing productivity to enhance yield and
profitability. With some of the most recognized brands in
agriculture and an industry-leading product and technology pipeline
well positioned to drive growth, the Company is committed to
working with stakeholders throughout the food system as it fulfills
its promise to enrich the lives of those who produce and those who
consume, ensuring progress for generations to come. Corteva became
an independent public company on June 1,
2019 and was previously the Agriculture Division of
DowDuPont. More information can be found
at www.corteva.com.
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SOURCE Corteva, Inc.