Corteva Names Boards for Crop Protection and Seed Spin-Off Companies

Key Facts

In a move that reflects ongoing restructuring in the agricultural chemicals sector, Corteva announced the appointment of Greg Page as chairman of the board of the future independent crop protection company, which will be created through the planned separation in Q4 2026. The company also named Karen Grimes as chair of the board of Vylor Inc., the advanced seed and genetics company resulting from the spin-off. These appointments are part of the administrative preparations to split the business into two publicly traded standalone entities.

The announcement comes after Corteva shares closed at $82.62 on June 26, 2026, trading within a daily range of $81.01–$82.67. The process remains in its regulatory phase with no direct financial impact so far, but investors await valuation details and the capital structure of the new entities ahead of the completion of the separation.