DuPont Announces Appointment of Kurt McMaken to Board of Directors
Rhea-AI Summary
DuPont (NYSE: DD) has announced the immediate appointment of Kurt McMaken to its Board of Directors. McMaken, currently the Chief Financial Officer of Brinks, will serve on both the Audit committee and Nomination and Governance committee. Prior to joining Brink's in 2022, he held the position of senior vice president of Operations Finance and Finance Transformation at Eaton plc, where he spent 20 years in various financial and management roles.
McMaken's background includes experience in the Audit & Business Advisory Services practice at PricewaterhouseCoopers LLP. He holds a Bachelor of Science degree from Georgetown University and an M.B.A. from the University of Chicago Booth School of Business. DuPont's Executive Chairman Ed Breen highlighted McMaken's global business expertise in manufacturing and extensive background in finance and strategic planning as valuable assets for guiding DuPont's growth and value creation strategies.
Positive
- Addition of experienced financial executive with global manufacturing sector expertise
- Strengthening of Board's financial oversight capabilities through appointment to Audit committee
Negative
- None.
News Market Reaction – DD
In the trading session that priced this news, DD gained 0.21%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WILMINGTON, Del., Feb. 21, 2025 /PRNewswire/ -- DuPont (NYSE: DD) today announced the appointment of Kurt McMaken to its Board of Directors, effective immediately. Mr. McMaken will serve on the Audit committee and Nomination and Governance committee.
"We are pleased to welcome Kurt to DuPont's Board of Directors," said DuPont Executive Chairman Ed Breen. "Kurt's global business expertise in the manufacturing sector and extensive background in finance and strategic planning make him well suited to help guide DuPont's growth and value creation strategies. We look forward to his contributions to the Board."
Mr. McMaken is Chief Financial Officer of Brinks, a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. Prior to joining Brink's in 2022, he was senior vice president, Operations Finance and Finance Transformation at Eaton Corporation plc, following a 20-year career with Eaton in financial and management positions. Mr. McMaken began his career in the Audit & Business Advisory Services practice at PricewaterhouseCoopers LLP.
Mr. McMaken holds a Bachelor of Science degree from Georgetown University and an M.B.A. from the University of Chicago Booth School of Business.
About DuPont
DuPont (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, construction, water, healthcare and worker safety. More information about the company, its businesses and solutions can be found at www.dupont.com. Investors can access information included on the Investor Relations section of the website at investors.dupont.com.
DuPont™, the DuPont Oval Logo, and all trademarks and service marks denoted with ™, SM or ® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.
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SOURCE DuPont