Ellen J. Kullman

Last updated
Ellen J. Kullman
Ellen Kullman JPS2010 01 14 crop.jpg
Kullman in 2010
Born
Ellen Jamison

(1956-01-22) January 22, 1956 (age 68)
Wilmington, Delaware, US
Alma mater Tufts University
Northwestern University
Occupation Business executive
TitleCEO of Carbon
Board member of
SpouseMichael Kullman

Ellen J. Kullman (born January 22, 1956) is a United States business executive. Since November 2019, she has been the chief executive officer of Carbon (company). [1] 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. [2] Kullman retired from DuPont on October 16, 2015. [3]

Contents

Early life

Kullman was born Ellen Jamison in Wilmington, Delaware, [4] [5] the younger daughter of Joseph and Margaret Jamison. [4] She has two older brothers and an older sister. [4] Kullman attended Tower Hill School in Wilmington and then studied mechanical engineering at Tufts University, where she received her bachelor's degree in 1978. [4] In 1983, she received a master's degree in management from Kellogg School of Management at Northwestern University. [4]

Career

Kullman at the annual meeting of the World Economic Forum in Davos, Switzerland, January 30, 2009 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. [4] [5] In her later role as executive vice president she was responsible for four of DuPont's business platforms as well as for leading the company's growth in markets outside the USA. [4]

DuPont's board of directors elected Kullman President and a director of the company, coming into effect October 1, 2008, and Chief Executive Officer, coming into effect January 1, 2009. [6] She was the nineteenth executive, and the first woman, to lead the company in its 212-year history. [7] Fortune magazine named Kullman fifteenth in its list of the world's fifty most powerful women for 2008, [8] and fifth on the list for 2009 [9] and 2010. [10] In 2014 she was ranked as the 31st most powerful woman in the world, up from 42nd in 2013. [2] The Wall Street Journal named her eighth on its 2008 list of "Women to Watch". [11]

Kullman was a director of General Motors from 2004 to 2008 [12] [13] and was elected to the board of trustees of Tufts University in 2006. [14]

On October 30, 2009, DuPont announced that its board of directors had elected Kullman as Chair of the company effective December 31, 2009. [15] [16]

She was a member of the Executive Committee of The Business Council for 2011 - 2013. [17]

On June 6, 2013 the US-China Business Council announced that Kullman had been elected as its Chair. [18]

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. [3]

On October 14, 2016, Amgen appointed Kullman to its board of directors. [19]

On December 21, 2016, Kullman joined the board of directors of The Goldman Sachs Group, Inc. as an independent director. [20]

Awards and honors

External videos
Nuvola apps kaboodle.svg "George Washington Carver Award acceptance speech", Ellen Kullman, Biotechnology Innovation Organization

Kullman has been awarded Sellinger's Business Leader of the Year. [21] In 2014, she was given the George Washington Carver Award for innovation in industrial biotechnology. She is the first woman to receive the award. [22] In 2015, Kullman received the International Palladium Medal from the Société de Chimie Industrielle (American Section), [23] the Engineering Leader of the Year Award, [24] the Pete du Pont Individual Freedom Award, [25] and Delaware's Order of the First State. [26] She is also a recipient of the Msgr. Thomas J. Reese Award from Catholic Charities. [27]

Kullman was elected a member of the National Academy of Engineering in 2015 for leadership in the business growth and transformation of a global science and engineering company.

In 2020, Kullman was named as one of the Top 50 Best CEOs for Small/Mid-Size companies by Comparably. [28]

Controversy

In October 2019, Kullman responded to accusations that in her role as CEO of DuPont, she inappropriately delegated DuPont's environmental liabilities to a spin-off company, Chemours. [29] DuPont incurred environmental liabilities [30] as a result of contaminating drinking water with Perfluorooctanoic acid, a chemical which is harmful to humans and the environment, and is known to be the cause of multiple diseases in humans and animals, including cancers and birth defects, [31] and has resulted in cancer in 2,507 individuals living in Wood County, West Virginia. [32]

On March 26, 2018, Kullman's alma mater Tufts University announced they would be awarding her an honorary degree. In the weeks leading up to graduation, this was met by University-wide outrage. [33] [34] During her speech at the University's graduation, hundreds of students protested with signs and turned their backs to her. [35]

Personal life

Kullman is married to Michael Kullman and they have three children. [4] [5]

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References

  1. ↑ Kolodny, Lora (2019-11-21). "Ellen Kullman takes the reins as CEO of Carbon, a 3D printing start-up worth over $2.5 billion". CNBC. Retrieved 2021-04-15.
  2. 1 2 "The World's 100 Most Powerful Women". Forbes. Retrieved 24 June 2014.
  3. 1 2 de la Merced, Michael J. (5 October 2015). "DuPont Chief Executive Ellen Kullman to Retire". Dealbook. New York Times. Retrieved 5 October 2015.
  4. 1 2 3 4 5 6 7 8 Eder, Andrew. "A new era dawns at DuPont Co". delawareonline.com. Archived from the original on 2008-09-29. Retrieved 2008-09-24.
  5. 1 2 3 "Biographical information on Ellen Kullman". www.webcitation.org. Archived from the original on 2008-09-29. Retrieved 2009-02-16.
  6. ↑ "DuPont: Investor Center – News Release". phx.corporate-ir.net. Archived from the original on 2014-01-17. Retrieved 2008-09-23.
  7. ↑ "Bloomberg.com: News". www.bloomberg.com. 2008-09-23. Archived from the original on 2012-10-22. Retrieved 2008-09-24.
  8. ↑ "50 Most Powerful Women – Ellen Kullman (15) – FORTUNE". cnn.com. Archived from the original on 2008-10-02. Retrieved 2008-10-01.
  9. ↑ "50 Most Powerful Women – Ellen Kullman (7) – FORTUNE". cnn.com. 2009-09-15. Archived from the original on 2011-05-30. Retrieved October 1, 2010.
  10. ↑ "50 Most Powerful Women – Ellen Kullman (7) – FORTUNE". cnn.com. 2010-09-30. Archived from the original on 2011-03-24. Retrieved October 1, 2010.
  11. ↑ Crittenden, Michael R. (2008-11-10). "Women to Watch". online.wsj.com. Wall Street Journal. Archived from the original on 2008-12-24. Retrieved 2008-11-10.
  12. ↑ "WebCite archive of General Motors: Investors: Corp Governance: Board of Directors as of 09/29/08". www.webcitation.org. Archived from the original on September 29, 2008. Retrieved 2009-02-22.
  13. ↑ "DuPont president resigns from GM board". www.marketwatch.com. MarketWatch. Archived from the original on 2008-10-25. Retrieved 2008-12-11.
  14. ↑ "Trustee Information". www.tufts.edu. Office of the Trustees – Tufts University. Archived from the original on 2008-10-13. Retrieved 2008-11-18.
  15. ↑ "DuPont names Ellen Kullman as chair - MarketWatch". www.marketwatch.com. Archived from the original on 2011-06-08. Retrieved 2009-11-06.
  16. ↑ "DuPont's Board of Directors Appoints Ellen Kullman Chair". www.prnewswire.com. Archived from the original on 2011-04-17. Retrieved 2009-11-06.
  17. ↑ The Business Council, Official website, Executive Committee Archived July 21, 2013, at the Wayback Machine
  18. ↑ U.S.-China Business Council Elects DuPont Chair and CEO Ellen Kullman as Chair – Yahoo! Finance
  19. ↑ "Amgen Announces Appointment Of Ellen J. Kullman To Board Of Directors". Amgen. Retrieved 2021-04-15.
  20. ↑ "Ellen Kullman Joins Goldman Sachs Board of Directors". Goldman Sachs. December 21, 2016. Retrieved December 23, 2016.
  21. ↑ "DuPont CEO Ellen J. Kullman named Sellinger's Business Leader of the Year". Loyola University Maryland. Retrieved 21 February 2013.
  22. ↑ "BIO Announces DuPont CEO Ellen Kullman to Receive the 2014 BIO George Washington Carver Award". Biotechnology Innovation Organization. March 13, 2014. Retrieved 3 April 2017.
  23. ↑ "Ellen Kullman, Chair of the Board and Chief Executive Officer, DuPont, to be Awarded the 2015 International Palladium Medal". DuPont. October 7, 2014.
  24. ↑ "Ellen Kullman Awarded 2015 Engineering Leader of the Year Award". Drexel University. February 26, 2015. Retrieved 3 April 2017.
  25. ↑ "Ellen Kullman 2015 Pete du Pont Individual Freedom Award Recipient". The Pete du Pont Freedom Foundation. Archived from the original on 4 April 2017. Retrieved 3 April 2017.
  26. ↑ "Ellen Kullman awarded state's highest honor". Delaware Business Times. 2015-12-08.
  27. ↑ "Catholic Charities to honor Ellen Kullman with Msgr. Reese Award at April 2 tribute dinner". The Dialog. January 21, 2016. Archived from the original on 4 April 2017. Retrieved 3 April 2017.
  28. ↑ "Best CEOs 2020". Comparably. December 15, 2020. Retrieved 2021-04-16.
  29. ↑ "Ex-DuPont CEO's words raise a ruckus". c&en. 2019-10-30. Retrieved 2020-12-13.
  30. ↑ "USA: Court rules out Chemours lawsuit against DuPont over liabilities for environmental contamination". Business & Human Rights Resource Centre. 2020-04-02. Retrieved 2020-12-13.
  31. ↑ "Perfluorooctane sulfonate (PFOS) and related substances: sources, pathways and environmental data" (PDF). Environment Agency. 2019-10-01. Retrieved 2020-12-13.
  32. ↑ Barry, Vaughn; Winquist, Andrea; Steenland, Kyle (November 2013). "Perfluorooctanoic Acid (PFOA) Exposures and Incident Cancers among Adults Living Near a Chemical Plant". Environmental Health Perspectives. 121 (11–12): 1313–1318. doi:10.1289/ehp.1306615. ISSN   0091-6765. PMC   3855514 . PMID   24007715.
  33. ↑ "Students, faculty respond to choice of Ellen Kullman as commencement speaker". The Tufts Daily. 2018-04-17. Retrieved 2019-08-07.
  34. ↑ "Editorial: Ellen Kullman is a bizarre choice for commencement speaker". The Tufts Daily. 2018-04-03. Archived from the original on 2019-08-15. Retrieved 2019-08-07.
  35. ↑ "Tufts students protest former DuPont CEO during commencement speech". May 20, 2018. Archived from the original on 2019-04-23. Retrieved 2019-08-07.
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