Management ChangeApr 14, 2026, 08:41 AM
Corteva Appoints Luke Kissam as New Corteva CEO; Announces SpinCo Leadership
AI Summary
Corteva, Inc. announced the initial executive leadership teams for its planned spin-off entities, SpinCo (seed business) and New Corteva (crop protection business). Charles V. Magro, current CEO of Corteva, will become CEO of SpinCo, alongside other current executives transitioning to SpinCo roles. Additionally, Luther ("Luke") Kissam, former CEO of Albemarle Corporation, has been appointed Chief Executive Officer of New Corteva, effective at the spin-off, and will join Corteva on June 1, 2026, as CEO of the Crop Protection Business Unit.
Key Highlights
- Corteva announced initial executive leadership teams for SpinCo and New Corteva.
- Charles V. Magro will be CEO of SpinCo.
- David P. Johnson will be CFO of SpinCo.
- Luther ("Luke") Kissam, 61, appointed CEO of New Corteva, effective at spin-off.
- Kissam joins Corteva June 1, 2026, as CEO of Crop Protection Business Unit.