SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
|Item 5.02|| |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 3, 2022, Rajan Gajaria, Executive Vice President, Business Platforms of Corteva, Inc. (“the Company”) elected to retire from the Company effective February 18, 2022.
|Item 7.01|| |
Regulation FD Disclosure.
The Company issued a news release on February 8, 2022, announcing Mr. Gajaria’s retirement and the designation of its Indianapolis, Indiana offices as the Company’s global headquarters. A copy of this news release is furnished as Exhibit 99.1. The Company is furnishing the information under this item, including Exhibit 99.1, pursuant to Item 7.01, “Regulation FD Disclosure.”
Cautionary Statement About Forward-Looking Statements
This Current Report contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, which are intended to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and may be identified by their use of words like “guidance”, “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates,” “outlook,” or other words of similar meaning. All statements that address expectations or projections about the future, including statements about the Company’s strategy for growth, financial forecasts, or executives’ intentions, are forward-looking statements.
Forward-looking statements are based on certain assumptions and expectations of future events which may not be accurate or realized. Forward- looking statements also involve risks and uncertainties, many of which are beyond the Company’s control. Where, in any forward-looking statement, an expectation or belief as to future results or events is expressed, such expectation or belief is based on the current plans and expectations of the Company’s management and expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the expectation or belief will result or be achieved or accomplished. The Company disclaims and does not undertake any obligation to update or revise any forward-looking statement, except as required by applicable law. A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements or other estimates is included in the “Risk Factors” section of the Company’s Annual Report on Form 10-K, as modified by subsequent Quarterly Reports on Forms 10-Q and Current Reports on Form 8-K.
|Item 9.01|| |
|99.1||Press Release, dated February 8, 2022|
|104||The cover page from the Company’s Current Report on Form 8-K, formatted in Inline XBRL|
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Name:||Cornel B. Fuerer|
|Title:||Senior Vice President, General Counsel|
February 8, 2022
Corteva Announces EVP Rajan Gajarias Retirement
Designates Indianapolis Global Headquarters
INDIANAPOLIS, IN Feb. 8, 2022 Corteva, Inc. (NYSE: CTVA) today announced that Rajan Gajaria, who has served as Cortevas Executive Vice President of Business Platforms since 2019, will retire from the company effective February 18, 2022. Mr. Gajarias direct reports will report to Tim Glenn, Executive Vice President, or Sam Eathington, Senior Vice President, on an interim basis.
Rajan made enormous contributions to the formation and development of Corteva, and we will always be grateful, said Chuck Magro, Chief Executive Officer. Over his long career he developed respect among our customers and colleagues around the world. We look forward to building on the solid foundation he helped to establish, and we wish him all the best in his future endeavors.
The Company also announced that it will designate its existing Indianapolis, Indiana site as its global headquarters. The change will be effective immediately.
In todays flexible world of work, we have seen clear proof that our dedicated employees can be productive wherever they are. Designating our Indianapolis location as the Corteva headquarters brings us closer to our operations, our technology, and our customers, while optimizing our flexibility, said Magro.
Rajan Gajaria Bio
As Executive Vice President of Business Platforms at Corteva Agriscience, Gajaria has been responsible for shaping the global business strategy, defining capital and R&D investment priorities, as well as overseeing the supply chain for Corteva Agrisciences Crop Protection, Seeds, and Digital businesses around the world. Most recently, he served as Vice President, Crop Protection Business Platform. His career spans several decades, continents and functions as he helps build the business and advocate for modern agriculture.
Corteva, Inc. (NYSE: CTVA) is a publicly traded, global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the worlds most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.
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® Trademarks of Corteva Agriscience and its affiliated companies.