Edward D. Breen

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Edward D. Breen (born c. 1956)[1] is an American business executive. He was named the CEO of DuPont on November 9, 2015.[1] He also serves as a director of Comcast.[2] Prior to his role at DuPont, Breen was the Chairman and CEO of Tyco International.[3]

Upon taking up his CEO position, The Wall Street Journal called him a "breakup expert",[4] as his arrival increased the chance of DuPont being broken up, as was demanded by Trian Fund Management, at the time DuPont’s fifth-biggest shareholder.[5]

In March 2016 it was reported that Dow Chemical Co. and the DuPont Co. agreed to pay $27 million to DuPont CEO Edward Breen leaves the company by early 2017.[6]

References

  1. ^ a b Bloomberg (9 November 2015). "DuPont names Breen as permanent CEO to replace Kullman". chicagotribune.com. Retrieved 12 November 2015.
  2. ^ "Edward D. Breen". corporate.comcast.com. Retrieved May 8, 2015.
  3. ^ "Edward D. Breen | Tyco". tyco.com. Retrieved May 8, 2015.
  4. ^ "DuPont's Interim Boss Edward Breen Is a Breakup Expert". Wall Street Journal. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  5. ^ "DuPont Names Edward D. Breen as Chairman and Chief Executive Officer". Bloomberg. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  6. ^ "Dow-DuPont: Millions for cost-cutting CEOs". Philly.com. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)