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Corteva (CTVA) has shared an update.
David J. Anderson, the CFO of a prominent company, is set to retire on September 16, 2024, and will be succeeded by David P. Johnson, a seasoned finance executive with over 30 years of experience. Johnson, who previously served as CFO at Atkore Inc., comes with a strong background in strategic and financial planning, having held various leadership roles at Eaton Corporation. His compensation package includes a base salary of $725,000, with the potential for equal annual bonuses, a sign-on award of $450,000, and substantial equity awards totaling $5 million, contingent upon continued employment and performance milestones. Johnson will also receive relocation expenses and standard executive benefits, with no disclosed familial or transactional conflicts within the company.
Learn more about CTVA stock on TipRanks’ Stock Analysis page.
