Edward D. Breen

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. 1 2 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.
  5. "DuPont Names Edward D. Breen as Chairman and Chief Executive Officer". Bloomberg.
  6. "Dow-DuPont: Millions for cost-cutting CEOs". Philly.com.


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