DuPont Announces New Board Members for Qnity Electronics

DuPont has announced the selection of two new members to the future board of directors for Qnity Electronics, Inc., the planned, independent electronics public company created from DuPont's intended spin-off. Mark A. Blinn, former CEO, President, and Director of Flowserve Corporation, and Dr. Yi Hyon Paik, with over 20 years of industry experience in semiconductors and electronics materials, have been appointed to the Qnity Board.

"Mark and Yi Hyon bring a depth of executive experience and industry knowledge of the semiconductor sector that complements the diverse set of skills we've assembled in creating the future Qnity Board," said Alexander M. Cutler, DuPont's Lead Independent Director.

Key Takeaways:

• Mark A. Blinn, former CEO, President, and Director of Flowserve Corporation, will become chairman of the Qnity Board, effective with the spin-off.
• Dr. Yi Hyon Paik has more than 20 years of industry experience in semiconductors and electronics materials, including as president and chief strategy officer of Samsung SDI.
• The Qnity Board of Directors will include 10 members, with a diverse set of skills and expertise in the semiconductor sector.
• The Qnity Board is expected to play a critical role in advising and guiding the future company's success as a pure play electronics company.

Statistics:

• The Qnity Board will consist of 10 members, including Dr. Shumeet Banerji, founder of Condorcet, LP, and Terrence R. Curtin, CEO and Board Member of TE Connectivity.
• DuPont is targeting November 1, 2025, for the completion of the intended separation of the Electronics business.
• The Intended Electronics Separation will not require a shareholder vote and is subject to satisfaction of customary conditions.

Sources:

• DuPont press release, dated June 11, 2025
• DuPont's website, .