Ellen J. Kullman

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Ellen J. Kullman
File:Ellen Kullman JPS2010 01 14 crop.jpg
Kullman at the Joseph Priestley Society in 2010
Born Ellen Jamison
(1956-01-22) January 22, 1956 (age 68)
Wilmington, Delaware
Residence Wilmington, Delaware
Nationality American
Ethnicity Irish American[1]
Alma mater Tufts University
Northwestern University
Occupation Business executive
Home town Wilmington, Delaware
Salary $11.3 million (2010, including salary, bonuses and stock options)[2]
Title Former president, Chair and Chief Executive Officer of DuPont
Board member of DuPont (2008-2015)
General Motors (2004-2008) United Technologies (2009-present)
Spouse(s) Michael Kullman
Parent(s) Joseph Jamison
Margaret Jamison

Ellen J. Kullman (born January 22, 1956) is an 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.[3] On October 5, 2015, DuPont announced that Kullman would retire on October 16, 2015.[4]

Early life

Kullman was born Ellen Jamison in Wilmington, Delaware,[5][6] the younger daughter of Joseph and Margaret Jamison.[5] She has two older brothers and an older sister.[5] Kullman attended Tower Hill School in Wilmington and then studied mechanical engineering at Tufts University, where she received her bachelor's degree in 1978.[5] In 1983, she received a master's degree in management from Kellogg School of Management at Northwestern University.[5]

Career

File:Ellen J. Kullman - World Economic Forum Annual Meeting Davos 2009.jpg
Kullman at the annual meeting of the World Economic Forum in Davos, Switzerland, January 30, 2009

Kullman began her business career at General Electric and joined DuPont in 1988 as marketing manager in the company's medical imaging business.[5][6] 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.[5]

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.[7] She is the nineteenth executive, and the first woman, to lead the company in its 212 year history.[8] Fortune magazine named Kullman fifteenth in its list of the world's fifty most powerful women for 2008,[9] and fifth on the list for 2009[10] and 2010.[11] In 2014 she was ranked as the 31st most powerful woman in the world, up from 42nd in 2013.[3] The Wall Street Journal named her eighth on its 2008 list of "Women to Watch".[12]

Kullman was a director of General Motors from 2004-2008[13][14] and was elected to the Board of Trustees of Tufts University in 2006.[15]

On October 30, 2009, DuPont announced that its board of directors had elected Kullman as Chair of the company effective December 31, 2009.[16][17]

She is a member of the Executive Committee of The Business Council for 2011 - 2013.[18]

Kullman has also previously been awarded Sellinger's Business Leader of the Year.[19]

On June 6, 2013 the US-China Business Council announced that Kullman had been elected as its Chair.[20]

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.[4]

Personal life

Kullman is married to Michael Kullman and they have three children.[5][6]

References

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  18. ↑ The Business Council, Official website, Executive Committee
  19. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  20. ↑ U.S.-China Business Council Elects DuPont Chair and CEO Ellen Kullman as Chair - Yahoo! Finance

External links

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