Just caught up on DuPont's major restructuring news and it's actually pretty significant. So they're splitting into three separate publicly traded companies - Electronics, Water, and a new diversified industrial company. The timeline was supposed to be 18-24 months from the announcement, which means we're probably seeing this play out around now.

What's interesting here is the business split. New DuPont keeps the Water & Protection segment (minus Water Solutions), most of Industrial Solutions, and corporate businesses - that's roughly $6.6 billion in annual sales based on 2023 numbers. The Electronics company gets Semiconductor Technologies and Interconnect Solutions, pulling in about $4.0 billion. Then there's the standalone Water Solutions business generating around $1.5 billion annually.

On the leadership side, this is where Lori Koch comes into the picture. She was brought in as the new CEO effective June 1, 2024, taking over from Edward Breen who moved to Executive Chairman. Koch's background as Chief Financial Officer actually makes sense for this transition - you need someone who understands the financial mechanics of splitting a major corporation. Antonella Franzen stepped up as the new CFO after that.

What caught my attention is that they reaffirmed their 2024 guidance through all this restructuring, which suggests they had a pretty solid handle on execution. Lori Koch seems to have inherited a well-planned separation, which is probably why the market didn't freak out when the announcement dropped. This kind of strategic split is becoming more common - companies realizing their different business units might perform better as independent entities with focused strategies.