Ellen J. Kullman Explained

Ellen J. Kullman
Birth Name:Ellen Jamison
Birth Date:22 January 1956
Birth Place:Wilmington, Delaware, US
Alma Mater:Tufts University
Northwestern University
Occupation:Business executive
CEO of Carbon
Spouse:Michael 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]

Early life

Kullman was born Ellen Jamison in Wilmington, Delaware,[4] the younger daughter of Joseph and Margaret Jamison.[5] She has two older brothers and an older sister. 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.

Career

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

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

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.

External links

Notes and References

  1. Web site: Kolodny. Lora. 2019-11-21. Ellen Kullman takes the reins as CEO of Carbon, a 3D printing start-up worth over $2.5 billion. 2021-04-15. CNBC. en.
  2. News: The World's 100 Most Powerful Women. Forbes. 24 June 2014.
  3. News: de la Merced. Michael J.. DuPont Chief Executive Ellen Kullman to Retire. 5 October 2015. Dealbook. New York Times. 5 October 2015.
  4. News: Biographical information on Ellen Kullman . www.webcitation.org . 2009-02-16 . https://archive.today/20080929155011/http://www.forbes.com/feeds/ap/2008/09/23/ap5461304.html . 2008-09-29 . dead.
  5. Web site: A new era dawns at DuPont Co. . delawareonline.com . 2008-09-24 . Eder . Andrew . https://archive.today/20080929152226/http://www.delawareonline.com/apps/pbcs.dll/article?AID=/20080924/BUSINESS/809240385/1003 . 2008-09-29 . dead.
  6. Web site: DuPont: Investor Center – News Release . phx.corporate-ir.net . 2008-09-23 . https://web.archive.org/web/20140117203336/http://phx.corporate-ir.net/phoenix.zhtml?c=73320&p=irol-newsArticle&ID=1199778&highlight= . 2014-01-17 . dead.
  7. News: Bloomberg.com: News. www.bloomberg.com. 2008-09-24. https://web.archive.org/web/20121022182514/http://www.bloomberg.com/apps/news?pid=newsarchive&sid=awwOdg1hkDkM. 2012-10-22. live. 2008-09-23.
  8. News: 50 Most Powerful Women – Ellen Kullman (15) – FORTUNE . cnn.com . 2008-10-01 . https://web.archive.org/web/20081002034017/http://money.cnn.com/galleries/2008/fortune/0809/gallery.women_mostpowerful.fortune/15.html . 2008-10-02 . live.
  9. News: 50 Most Powerful Women – Ellen Kullman (7) – FORTUNE . cnn.com . October 1, 2010 . 2009-09-15 . https://web.archive.org/web/20110530150047/http://money.cnn.com/galleries/2009/fortune/0909/gallery.most_powerful_women.fortune/7.html . 2011-05-30 . live .
  10. News: 50 Most Powerful Women – Ellen Kullman (7) – FORTUNE . cnn.com . October 1, 2010 . 2010-09-30 . https://web.archive.org/web/20110324020351/http://money.cnn.com/galleries/2010/fortune/1009/gallery.most_powerful_women.fortune/7.html . 2011-03-24 . live .
  11. News: Women to Watch . Wall Street Journal . online.wsj.com . 2008-11-10 . Crittenden . Michael R. . 2008-11-10 . https://web.archive.org/web/20081224022222/http://online.wsj.com/article/SB122609301920009441.html . 2008-12-24 . live.
  12. Web site: WebCite archive of General Motors: Investors: Corp Governance: Board of Directors as of 09/29/08 . www.webcitation.org . 2009-02-22 . dead . https://web.archive.org/web/20080929220110/http://www.gm.com/corporate/investor_information/corp_gov/board.jsp . September 29, 2008.
  13. Web site: DuPont president resigns from GM board . MarketWatch . www.marketwatch.com . 2008-12-11 . https://web.archive.org/web/20081025052826/http://www.marketwatch.com/News/Story/Story.aspx?guid= . 2008-10-25 . live.
  14. Web site: Trustee Information . Office of the Trustees – Tufts University . www.tufts.edu . 2008-11-18 . https://web.archive.org/web/20081013220839/http://www.tufts.edu/trustees/info/kullman.shtml . 2008-10-13 . live.
  15. Web site: DuPont names Ellen Kullman as chair - MarketWatch . www.marketwatch.com . 2009-11-06 . https://web.archive.org/web/20110608010134/http://www.marketwatch.com/story/dupont-names-ellen-kullman-as-chair-2009-10-30-95560 . 2011-06-08 . live.
  16. Web site: DuPont's Board of Directors Appoints Ellen Kullman Chair . www.prnewswire.com . 2009-11-06 . https://web.archive.org/web/20110417180453/http://www.prnewswire.com/news-releases/duponts-board-of-directors-appoints-ellen-kullman-chair-67562822.html . 2011-04-17 . live.
  17. http://www.thebusinesscouncil.org/about/excommittee.aspx The Business Council, Official website, Executive Committee
  18. https://finance.yahoo.com/news/u-china-business-council-elects-100341266.html U.S.-China Business Council Elects DuPont Chair and CEO Ellen Kullman as Chair – Yahoo! Finance
  19. Web site: Amgen Announces Appointment Of Ellen J. Kullman To Board Of Directors. 2021-04-15. Amgen. en.
  20. Web site: Ellen Kullman Joins Goldman Sachs Board of Directors . . December 21, 2016 . December 23, 2016.
  21. Web site: DuPont CEO Ellen J. Kullman named Sellinger's Business Leader of the Year. Loyola University Maryland. 21 February 2013.
  22. News: BIO Announces DuPont CEO Ellen Kullman to Receive the 2014 BIO George Washington Carver Award. 3 April 2017. Biotechnology Innovation Organization. March 13, 2014.
  23. Web site: Ellen Kullman, Chair of the Board and Chief Executive Officer, DuPont, to be Awarded the 2015 International Palladium Medal. DuPont. October 7, 2014.
  24. News: Ellen Kullman Awarded 2015 Engineering Leader of the Year Award. 3 April 2017. Drexel University. February 26, 2015.
  25. Web site: Ellen Kullman 2015 Pete du Pont Individual Freedom Award Recipient. The Pete du Pont Freedom Foundation. 3 April 2017. https://web.archive.org/web/20170404045157/http://petedupontfreedomfoundation.org/the-2015-award-ellen-kullman/. 4 April 2017. dead.
  26. Web site: Ellen Kullman awarded state's highest honor . Delaware Business Times. 2015-12-08.
  27. News: Catholic Charities to honor Ellen Kullman with Msgr. Reese Award at April 2 tribute dinner. 3 April 2017. The Dialog. January 21, 2016. 4 April 2017. https://web.archive.org/web/20170404044719/http://thedialog.org/catholic-charities-to-honor-ellen-kullman-with-msgr-reese-award-at-april-2-tribute-dinner/. dead.
  28. Web site: December 15, 2020. Best CEOs 2020. 2021-04-16. Comparably. en.
  29. Web site: Ex-DuPont CEO's words raise a ruckus. 2019-10-30. c&en. en. 2020-12-13.
  30. Web site: USA: Court rules out Chemours lawsuit against DuPont over liabilities for environmental contamination. 2020-04-02. Business & Human Rights Resource Centre. en. 2020-12-13.
  31. Web site: Perfluorooctane sulfonate (PFOS) and related substances: sources, pathways and environmental data. 2019-10-01. Environment Agency. en. 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. 10.1289/ehp.1306615. 0091-6765. 3855514. 24007715.
  33. Web site: Students, faculty respond to choice of Ellen Kullman as commencement speaker. 2018-04-17. The Tufts Daily. en. 2019-08-07.
  34. Web site: Editorial: Ellen Kullman is a bizarre choice for commencement speaker. 2018-04-03. The Tufts Daily. en. 2019-08-07. 2019-08-15. https://web.archive.org/web/20190815140304/https://tuftsdaily.com/opinion/editorial/2018/04/03/editorial-ellen-kullman-bizarre-choice-commencement-speaker/. dead.
  35. Web site: Tufts students protest former DuPont CEO during commencement speech. May 20, 2018. 2019-08-07. 2019-04-23. https://web.archive.org/web/20190423180710/https://www.bostonglobe.com/metro/2018/05/20/tufts-graduates-protest-former-dupont-ceo-during-commencement-speech/fB7ZE81Td2yluVhkw4RNnJ/story.html. dead.

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