8-KLeadership ChangesExhibits & Filings

EIDP, Inc. 8-K Report, Executive Changes (Jun 8, 2005)

Filed June 8, 2005For Securities:CTA-PBCTA-PA

Summary

E. I. du Pont de Nemours and Company (DuPont) announced the election of Sean O'Keefe to its Board of Directors, effective July 1, 2005. Mr. O'Keefe's extensive background includes leadership roles in government, notably as the former administrator of NASA and previously as Secretary of the Navy and chief financial officer of the Department of Defense. His election is seen as a strategic move to leverage his broad perspectives and government experience for the company's business growth. This appointment is not a result of any specific arrangement or understanding with other parties, and Mr. O'Keefe has no disclosable interests requiring reporting under Regulation S-K. While he has not yet been assigned to any board committees, it is anticipated that his expertise will be valuable in future committee appointments. Investors can view the official press release detailing this announcement as an exhibit to the filing.

Key Highlights

  • 1Sean O'Keefe elected as a new director to DuPont's Board of Directors, effective July 1, 2005.
  • 2Mr. O'Keefe brings significant government experience, including former roles as NASA Administrator and Secretary of the Navy.
  • 3The election was recommended by the Corporate Governance Committee.
  • 4Mr. O'Keefe has no pre-existing arrangements or understandings related to his election.
  • 5No transactions requiring disclosure under Item 404(a) of Regulation S-K were identified.
  • 6Mr. O'Keefe has not yet been assigned to any board committees.
  • 7A press release detailing the announcement is attached as Exhibit 99.1.

Frequently Asked Questions

Sean O'Keefe is a former administrator of NASA, former Secretary of the Navy, and former Deputy Director of the Office of Management and Budget. He also served as CFO of the Department of Defense. Currently, he is the chancellor of Louisiana State University.

Mr. O'Keefe's election to the Board of Directors is effective July 1, 2005.

At the time of this filing, Mr. O'Keefe had not yet been named to any committee of the board of directors. It is noted as premature to determine future committee assignments.

No, the filing states there is no arrangement or understanding between Mr. O'Keefe and any other person for his election, and he has no interests requiring disclosure under Item 404(a) of Regulation S-K.