Corteva Announces Plan to Separate into Two Companies
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Corteva Announces Plan to Separate into Two Industry-Leading Public Companies

Indianapolis, Ind., October 1 – Global agriculture technology leader Corteva (NYSE: CTVA) announced today that its Board of Directors has unanimously approved a plan to separate the company into two independent, publicly traded companies, one comprising its current Crop Protection business (“New Corteva”) and the other comprising its current Seed business (“SpinCo”).

The separation will unleash two distinct market leaders, both farmer-centric, both with technology and innovation at their core and both with operating models and capital allocation priorities  tailored to support their respective growth outlooks, strategic directions and value propositions.  Upon separation, current Corteva Chair Greg Page will become Chair of New Corteva; current Corteva CEO Chuck Magro will become CEO of SpinCo.  Full board and management teams of both companies will be announced at a later date, followed by other key information.

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Originally published by Corteva in October 2025

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