DuPont has announced that Jon Kemp, currently President of DuPont Electronics & Industrial, will serve as the Chief Executive Officer and a board member of the planned independent Electronics public company following its spin-off from DuPont. The spin-off, scheduled for completion on November 1, 2025, will establish Electronics as a standalone global leader in materials and technology solutions for the semiconductor and electronics industries.

Michael Stubblefield, CEO of Avantor, will become Chairman of the board for the new company. DuPont also plans to appoint an external Chief Financial Officer with public company experience.

The spin-off will not require a shareholder vote and is contingent on customary approvals, including final board approval, regulatory clearances, and the effectiveness of a Form 10 registration statement with the U.S. Securities and Exchange Commission.