Mergers & Acquisitions ·
Corteva completes separation into two companies; appoints Luke Kissam as CEO
CTVACorteva, Inc.
Corteva completed its previously announced separation on October 1, 2026, spinning off its seed operating segment into an independent public company named Vylor Inc. In connection with the transaction, Charles Magro and directors Kerry Preete, Marcos Lutz, and Karen Grimes resigned from the Board of Directors. Luther "Luke" Kissam was appointed as a director and Chief Executive Officer, while Jeff Rudolph became Chief Financial Officer, Brook Cunningham was named Chief Commercial Officer, and Ralph Ford was appointed Chief Integrated Operations Officer. Corteva operates in the agriculture industry, providing seeds, crop protection products, and digital solutions to farmers worldwide.