Ellen J. Kullman
Ellen J. Kullman | |
---|---|
Kullman at the Joseph Priestley Society in 2010 | |
Born |
Ellen Jamison January 22, 1956 Wilmington, Delaware |
Residence | Wilmington, Delaware |
Nationality | American |
Alma mater |
Tufts University Northwestern University |
Occupation | Business executive |
Home town | Wilmington, Delaware |
Salary | $11.3 million (2010, including salary, bonuses and stock options)[1] |
Title | Former president, Chair and Chief Executive Officer of DuPont |
Board member of |
DuPont (2008–15) General Motors (2004–08) United Technologies (2009–present) |
Spouse(s) | Michael Kullman |
Parent(s) |
Joseph Jamison Margaret Jamison |
Ellen J. Kullman (born January 22, 1956) is a United States business executive. She was formerly Chair and Chief Executive Officer of E. I. du Pont de Nemours and Company ("DuPont") in Wilmington and is a former director of General Motors. Forbes ranked her 31st of the 100 Most Powerful Women in 2014.[2] On October 5, 2015, DuPont announced that Kullman would retire on October 16, 2015.[3]
Early life
Kullman was born Ellen Jamison in Wilmington, Delaware,[4][5] the younger daughter of Joseph and Margaret Jamison.[4] She has two older brothers and an older sister.[4] Kullman attended Tower Hill School in Wilmington and then studied mechanical engineering at Tufts University, where she received her bachelor's degree in 1978.[4] In 1983, she received a master's degree in management from Kellogg School of Management at Northwestern University.[4]
Career
Kullman began her business career at General Electric and joined DuPont in 1988 as marketing manager in the company's medical imaging business.[4][5] In her later role as executive vice president she was responsible for four of DuPont's business platforms as well as leading the company's growth in markets outside the USA.[4]
DuPont's board of directors elected Kullman President and a director of the company with effect from October 1, 2008 and Chief Executive Officer with effect from January 1, 2009.[6] She is the nineteenth executive, and the first woman, to lead the company in its 212-year history.[7] Fortune magazine named Kullman fifteenth in its list of the world's fifty most powerful women for 2008,[8] and fifth on the list for 2009[9] and 2010.[10] In 2014 she was ranked as the 31st most powerful woman in the world, up from 42nd in 2013.[2] The Wall Street Journal named her eighth on its 2008 list of "Women to Watch".[11]
Kullman was a director of General Motors from 2004-2008[12][13] and was elected to the Board of Trustees of Tufts University in 2006.[14]
On October 30, 2009, DuPont announced that its board of directors had elected Kullman as Chair of the company effective December 31, 2009.[15][16]
She is a member of the Executive Committee of The Business Council for 2011 - 2013.[17]
Kullman has also previously been awarded Sellinger's Business Leader of the Year.[18]
On June 6, 2013 the US-China Business Council announced that Kullman had been elected as its Chair.[19]
Kullman's retirement was announced by DuPont on October 5, 2015 (effective October 16, 2015) following a battle with activist investor Nelson Peltz and Trian Fund Management, his investment firm. Peltz sought 4 board seats and argued that DuPont needed to cut costs and meet financial targets, but had lost a shareholder vote earlier in the year.[3]
Personal life
Kullman is married to Michael Kullman and they have three children.[4][5]
References
- ↑ Yahoo! Finance (March 18, 2011). "DuPont CEO got $11.3M pay package in 2010". finance.yahoo.com. Archived from the original on March 18, 2011. Retrieved March 18, 2011.
- 1 2 "The World's 100 Most Powerful Women". www.forbes.com. Forbes. Retrieved 24 June 2014.
- 1 2 de la Merced, Michael J. (5 October 2015). "DuPont Chief Executive Ellen Kullman to Retire". Dealbook. New York Times. Retrieved 5 October 2015.
- 1 2 3 4 5 6 7 8 Eder, Andrew. "A new era dawns at DuPont Co.". delawareonline.com. Archived from the original on 2008-09-29. Retrieved 2008-09-24.
- 1 2 3 "Biographical information on Ellen Kullman". www.webcitation.org. Archived from the original on 2008-09-29. Retrieved 2009-02-16.
- ↑ "DuPont: Investor Center – News Release". phx.corporate-ir.net. Archived from the original on 2008-09-29. Retrieved 2008-09-23.
- ↑ "Bloomberg.com: News". www.bloomberg.com. 2008-09-23. Archived from the original on 2008-09-29. Retrieved 2008-09-24.
- ↑ "50 Most Powerful Women – Ellen Kullman (15) – FORTUNE". cnn.com. Archived from the original on 2008-10-01. Retrieved 2008-10-01.
- ↑ "50 Most Powerful Women – Ellen Kullman (7) – FORTUNE". cnn.com. 2009-09-15. Archived from the original on 2011-03-11. Retrieved October 1, 2010.
- ↑ "50 Most Powerful Women – Ellen Kullman (7) – FORTUNE". cnn.com. 2010-09-30. Archived from the original on 2011-03-11. Retrieved October 1, 2010.
- ↑ Crittenden, Michael R. (2008-11-10). "Women to Watch". online.wsj.com. Wall Street Journal. Archived from the original on 2008-11-10. Retrieved 2008-11-10.
- ↑ "WebCite archive of General Motors: Investors: Corp Governance: Board of Directors as of 09/29/08". www.webcitation.org. Archived from the original on September 29, 2008. Retrieved 2009-02-22.
- ↑ "DuPont president resigns from GM board". www.marketwatch.com. MarketWatch. Archived from the original on 2011-03-11. Retrieved 2008-12-11.
- ↑ "Trustee Information". www.tufts.edu. Office of the Trustees – Tufts University. Archived from the original on 2008-11-18. Retrieved 2008-11-18.
- ↑ "DuPont names Ellen Kullman as chair - MarketWatch". www.marketwatch.com. Archived from the original on 2009-11-06. Retrieved 2009-11-06.
- ↑ "DuPont's Board of Directors Appoints Ellen Kullman Chair". www.prnewswire.com. Archived from the original on 2009-11-06. Retrieved 2009-11-06.
- ↑ The Business Council, Official website, Executive Committee
- ↑ "DuPont CEO Ellen J. Kullman named Sellinger's Business Leader of the Year". Loyola University Maryland. Retrieved 21 February 2013.
- ↑ U.S.-China Business Council Elects DuPont Chair and CEO Ellen Kullman as Chair – Yahoo! Finance
External links
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