Key Takeaways
- Corteva Inc. (NYSE: CTVA) has announced its intended nine-person board of directors for the standalone, publicly traded crop protection company it plans to separate into in the fourth quarter of 2026.
- Greg Page, retired chairman and CEO of Cargill, will lead the board as Independent Chair, as previously announced.
- Most of Corteva's existing board will continue with the company, with the exception of Karen Grimes, Marcos Lutz, Chuck Magro, and Kerry Preete, who will not remain.
- Luke Kissam, Corteva's future CEO, will join the board effective at separation, alongside directors with backgrounds spanning agriculture, chemicals, technology, and finance.
- The new company intends to operate an asset-light, innovation-driven model, leveraging its position in nature-inspired technologies to pursue growth in markets that reward differentiation.
Corteva Unveils Board for Standalone Crop Protection Company
Corteva Inc. (NYSE: CTVA) has announced its intended board of directors for the standalone, publicly traded crop protection company it plans to separate into during the fourth quarter of 2026. The nine-person board will be led by Greg Page, retired chairman and chief executive officer of Cargill, Incorporated, who will serve as Independent Chair, a role previously confirmed by the company.
With the exception of Karen Grimes, Marcos Lutz, Chuck Magro, and Kerry Preete, Corteva's existing board members will continue with the company following the split. Luke Kissam, who is set to become Corteva's future CEO, will be appointed to the board effective at separation.
Who Will Sit on the New Corteva Board
The intended board brings together executives with experience across agriculture, industrial chemicals, technology, and finance. Alongside Page and Kissam, the board will include Klaus Engel, Ph.D., retired CEO of Evonik Industries AG; David Everitt, retired president of Deere & Co.'s Agricultural and Turf Division; Janet Giesselman, retired president and general manager of Dow Oil & Gas; Jean-Marc Gilson, president and CEO of Westlake Corporation; Nayaki Nayyar, CEO of Siteimprove A/S; Christopher Policinski, retired president and CEO of Land O'Lakes, Inc.; and Patrick Ward, retired CFO of Cummins Inc.
Greg Page on the New Company's Direction
“Corteva will be a company with operational efficiency at its core and by building on its legacy of differentiated innovation, will have an industry leading pipeline to bring value to farmers for years to come. I look forward to working alongside my future fellow directors as well as the senior management team to leverage the considerable advantage Corteva will enjoy to deliver results for customers, farmers and shareholders alike,” said Greg Page, future Independent Chair of Corteva's board.
An Asset-Light, Innovation-Focused Operating Model
The new Corteva is positioning itself as innovation-driven across both its product portfolio and operating model, aiming to combine its technological position with an asset-light, efficient business structure. The company has said it intends to make targeted investments to support growth and build on its first-mover position in nature-inspired crop protection technologies, pursuing opportunities in markets that reward differentiated products.
The board announcement follows Corteva‘s previously disclosed plan to separate into two independent, publicly traded companies, with the crop protection business set to operate as a standalone entity once the separation is completed in the fourth quarter of 2026.
