Edward D. Breen

Edward D. Breen (born c. 1956)[1] is an American business executive. He is the executive chairman of DuPont.[2] Prior to this, he was the chair of the board and CEO of DuPont, a role he started on November 9, 2015.[1] He is also a director of Comcast.[3] Prior to his role at DuPont, Breen was the chairman and CEO of Tyco International.[4]

The Wall Street Journal called Breen a "breakup expert" at the time he took the position as DuPont's CEO.[5] It was believed at the time that he would increase the chances of the company's breakup, a distinct possibility since Trian Fund Management, DuPont's fifth largest shareholder at the time, was demanding the breakup of the company.[6][7]

In March 2016, it was reported that Dow Chemical Co. and the DuPont Co. agreed to pay $27 million to DuPont CEO Edward Breen if he left the company by early 2017.[8]

In February 2020, Breen was reinstated as DuPont CEO replacing Marc Doyle.[9]

Breen is an alumnus of Grove City College and is the chair of the college's board of trustees.[10]

  1. ^ a b Bloomberg (9 November 2015). "DuPont names Breen as permanent CEO to replace Kullman". chicagotribune.com. Retrieved 12 November 2015.
  2. ^ "Chief Executive Officer who started as a bench electrical engineer at Jerrold". www.businessroundtable.org. Retrieved 2019-05-12.
  3. ^ "Edward D. Breen". corporate.comcast.com. Retrieved May 8, 2015.
  4. ^ "Edward D. Breen | Tyco". tyco.com. Retrieved May 8, 2015.
  5. ^ Bunge, Jacob (2018-12-26). "Meet the Breakup Artist Taking Apart DowDuPont". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-05-12.
  6. ^ "DuPont's Interim Boss Edward Breen Is a Breakup Expert". Bloomberg.com. 9 November 2015.
  7. ^ "DuPont Names Edward D. Breen as Chairman and Chief Executive Officer". Bloomberg.com. 9 November 2015.
  8. ^ "Dow-DuPont: Millions for cost-cutting CEOs". Philly.com. 2 March 2016.
  9. ^ Minaya, Ezequiel. "DuPont De Nemours Fires CEO And CFO". Forbes. Retrieved 2020-02-24.
  10. ^ "Board of Trustees".