DuPont has appointed James Collins, an executive vice-president at the company, as leader of its global DuPont Agriculture business segment from January 1st 2016. It is part of a number of leadership changes across its divisions designed to streamline the company for growth and simplify the organization.
Earlier this month, the Dow Chemical Company and DuPont boards agreed a merger into a $130 billion company, DowDuPont, subject to regulatory approvals. Once merged, the assets would be divided into three business units, Agriculture, Material Science and Specialty Products, with each to be spun off into independent companies within two years of the merger. The potential Agriculture Company would combine DuPont and Dow’s seed and crop protection businesses into a single $19bn business based on 2014 revenues.
Edward Breen, the current chairman and chief executive of DuPont will become the chief executive of the merged business. He will also oversee the Advisory Committees managing the transfer to the standalone Agriculture business.
James Borel, executive vice president of DuPont’s Integrated Operations since 2009, has retired from the company after 36 years. Mr Borel joined the company in 1978 as a sales representative in Agricultural Products, going on to hold a series of product, sales and management positions in the US, the UK, Canada and Japan, and then vice president and general manager of DuPont Crop Protection in 1997.