Business Context and Reporting Period
This Form 8-K filing by E. I. duPont de Nemours and Company (DuPont) reports a significant change in executive leadership. The report date is June 16, 2006.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes.
Material Changes
- Departure: Gary M. Pfeiffer, Senior Vice President and Chief Financial Officer, elected to retire at year-end. He stepped down as CFO immediately as of June 16, 2006, but will remain with the company to ensure a smooth transition.
- Appointment: Jeffrey L. Keefer, age 54, was appointed Executive Vice President and Chief Financial Officer effective June 16, 2006.
- Leadership Role: Concurrent with his CFO appointment, Mr. Keefer became a member of the company's Office of the Chief Executive.
Management Commentary and Background
Mr. Keefer joined DuPont in 1976 and has held various financial and management positions. His recent roles include Vice President and General Manager of DuPont Titanium Technologies (1999) and Group Vice President of DuPont Performance Materials (2004). The filing confirms Mr. Keefer has no family relationships with other executive officers or directors and is not involved in any related party transactions.
Investor Verification Checklist
- Verify the exact retirement date for Gary M. Pfeiffer (stated as year-end 2006).
- Confirm the transition plan details for the CFO role during the interim period.
- Review the attached press release (Exhibit 99.1) for additional context on the leadership change.