Breen has been the company's interim CEO since Oct. 16, when
veteran Ellen Kullman suddenly stepped down.
DuPont is talking to rivals about its agriculture business,
Breen said last month, days after Dow Chemical Co
announced a review of its farm chemicals and seeds unit.
Breen also said DuPont would revisit its costs and budget
allocation as it targets about $1.6 billion in annual savings by
2017.
Nelson Peltz's Trian Fund Management, which lost a proxy battle
for DuPont's board seats in May, has said DuPont can save $2
billion-$4 billion in annual costs by separating its volatile
materials businesses from its more stable businesses.
DuPont has also slashed its earnings forecast at least twice
this year as falling crop prices and rising fertilizer output
pressure its agri business.
(Reporting by Shubhankar Chakravorty in Bengaluru; Editing by
Kirti Pandey)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
|
|