DuPont Names Edward D. Breen as Chairman and Chief Executive Officer

  • Breen was appointed chief on an interim basis last month
  • Raises likelihood of Dow agriculture deal, Bernstein says

DuPont Names Edward Breen CEO

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DuPont Co. named Ed Breen as chairman and chief executive officer, raising the prospect of a breakup of the 213-year-old chemical company amid continued pressure from an activist shareholder.

The appointment of Breen, 59, is effective immediately, Wilmington, Delaware-based DuPont said Monday in a statementBloomberg Terminal. He previously held the positions on an interim basis, after the resignation of Ellen Kullman last month.