DuPont has revealed that Jon Kemp, the current President of DuPont Electronics & Industrial, will take on the role of CEO for the new independent Electronics company after its planned spin-off, which is expected to be finalized on November 1, 2025. In addition to his CEO position, Kemp will join the board of directors for the upcoming public entity, which aims to become a global leader in materials and technology solutions for the semiconductor and electronics sectors.
Ed Breen, DuPont’s Executive Chairman, expressed his confidence in Kemp’s leadership and expertise, believing he will foster growth and enhance shareholder value for the independent company. Kemp emphasized the Electronics team’s long-standing dedication to innovation and their preparedness to address the needs of advanced computing and connectivity.
Alongside Kemp’s appointment, Michael Stubblefield, the current President & CEO of Avantor, will assume the role of Chairman of the board for the Electronics company once the spin-off occurs. Stubblefield’s extensive global management experience and his focus on technology and customer-driven innovation are expected to support Kemp’s leadership.
This strategic decision is part of DuPont’s ongoing transformation, with the spin-off designed to improve focus and flexibility for the Electronics division. The separation will not require a shareholder vote but will be subject to standard conditions, including final board approval and regulatory clearances. The company currently holds a “Good” overall financial health score, particularly excelling in profitability metrics.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter
About us:
The Mainstream formerly known as CIO News is a premier platform dedicated to delivering latest news, updates, and insights from the tech industry. With its strong foundation of intellectual property and thought leadership, the platform is well-positioned to stay ahead of the curve and lead conversations about how technology shapes our world. From its early days as CIO News to its rebranding as The Mainstream on November 28, 2024, it has been expanding its global reach, targeting key markets in the Middle East & Africa, ASEAN, the USA, and the UK. The Mainstream is a vision to put technology at the center of every conversation, inspiring professionals and organizations to embrace the future of tech.
