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  • October 2019
  • Case
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A Conversation with Ellen J. Kullman, Chairman & CEO of DuPont, 2009-2015

By: Lynn S. Paine and Will Hurwitz
  • Format:Print
  • | Language:English
  • | Pages:10
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Abstract

Ellen J. Kullman, the retired Chairman and CEO of DuPont, describes how she guided the storied science and technology company through a contentious proxy battle with activist investor Trian Partners, which acquired DuPont shares in 2013 and sought to break up the company. Trian’s pursuit of board seats led to a 2015 shareholder vote, which DuPont won under Kullman’s leadership. In a sweeping interview with Professor Lynn S. Paine, Kullman describes lessons from her experiences navigating the proxy contest that captured national attention as well as about working with your board, setting company strategy, leading a large corporation, evaluating time frames for shareholder returns, measuring stakeholder performance, assessing shareholder engagement, considering joining a new board and boardroom dynamics, and understanding how boards have changed over the years.

Keywords

Agribusiness; Capital Structure; Corporate Accountability; Corporate Governance; Institutional Investing; Leadership; Leadership Style; Management; Transformation; Agriculture and Agribusiness Industry; Chemical Industry; United States

Citation

Paine, Lynn S., and Will Hurwitz. "A Conversation with Ellen J. Kullman, Chairman & CEO of DuPont, 2009-2015." Harvard Business School Case 320-017, October 2019.
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About The Author

Lynn S. Paine

General Management
→More Publications

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    Brief Note on Staggered Boards

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    4 Business Ideas That Changed the World: Shareholder Value

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    Shareholders vs. Stakeholders: Who Is Winning the Battle for Corporate Governance?

    By: Lynn S. Paine
More from the Authors
  • Brief Note on Staggered Boards By: Lynn S. Paine and Will Hurwitz
  • 4 Business Ideas That Changed the World: Shareholder Value By: Adi Ignatius, Lynn Paine, Mihir Desai and Carola Frydman
  • Shareholders vs. Stakeholders: Who Is Winning the Battle for Corporate Governance? By: Lynn S. Paine
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