Corteva Management

Management criteria checks 3/4

Corteva's CEO is Chuck Magro, appointed in Nov 2021, has a tenure of 2.58 years. total yearly compensation is $13.23M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth MX$108.67M. The average tenure of the management team and the board of directors is 3.3 years and 5 years respectively.

Key information

Chuck Magro

Chief executive officer

US$13.2m

Total compensation

CEO salary percentage	10.1%
CEO tenure	2.6yrs
CEO ownership	0.02%
Management average tenure	3.3yrs
Board average tenure	5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chuck Magro's remuneration changed compared to Corteva's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$698m
Dec 31 2023	US$13m	US$1m	US$929m
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$15m	US$1m	US$1b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$2b
Mar 31 2022	n/a	n/a	US$2b
Dec 31 2021	US$2m	US$255k	US$2b

Compensation vs Market: Chuck's total compensation ($USD13.23M) is above average for companies of similar size in the MX market ($USD5.86M).

Compensation vs Earnings: Chuck's compensation has been consistent with company performance over the past year.

CEO

Chuck Magro (54 yo)

2.6yrs

Tenure

US$13,234,872

Compensation

Mr. Charles Victor Magro, also known as Chuck, B.Sc. (Chem), MBA serves as Chief Executive Officer and Director for Corteva, Inc. since November 1, 2021. He is Independent Director of Ingredion Incorporate...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Charles Magro	CEO & Director	2.6yrs	US$13.23m	0.017% $ 108.7m
David Anderson	Executive VP & CFO	3.2yrs	US$4.87m	0.0083% $ 54.5m
Samuel Eathington	Executive VP & Chief Technology and Digital Officer	3.4yrs	US$2.69m	0.0084% $ 55.1m
Timothy Glenn	Executive Vice President of Seed Business Unit	5.1yrs	US$3.46m	0.027% $ 177.4m
Robert King	Executive Vice President of Crop Protection Business Unit	2.2yrs	US$2.54m	0.0040% $ 26.1m
Brian Titus	VP, Controller & Principal Accounting Officer	5.1yrs	no data	0.0019% $ 12.8m
Kimberly Booth	Vice President of Investor Relations	no data	no data	no data
Cornel Fuerer	Senior VP	5.1yrs	US$2.61m	0.018% $ 119.7m
Audrey Grimm	Senior VP	2.3yrs	no data	0.0018% $ 12.1m
Brook Cunningham	Senior VP & Chief Strategy Officer	1.5yrs	no data	no data
Sid Gorham	CEO of Granular & President of Corteva Digital Business Platform	6.8yrs	no data	no data
Jeffrey Rudolph	Executive of Investor Relations	no data	no data	no data

3.3yrs

Average Tenure

54.5yo

Average Age

Experienced Management: CTVA *'s management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Charles Magro	CEO & Director	2.6yrs	US$13.23m	0.017% $ 108.7m
Gregory Página	Independent Non-Executive Chairman of the Board	5.1yrs	US$520.49k	0.0015% $ 9.9m
Lamberto Andreotti	Independent Director	5yrs	US$325.60k	0.0049% $ 32.5m
David Everitt	Independent Director	3.3yrs	US$300.60k	0.00063% $ 4.1m
Klaus Engel	Independent Director	5yrs	US$300.60k	0.0027% $ 18.1m
Kerry Preete	Independent Director	3.3yrs	US$300.60k	0.00080% $ 5.3m
Marcos Lutz	Independent Director	5yrs	US$300.60k	0.0060% $ 39.7m
Rebecca Liebert	Independent Director	5yrs	US$320.60k	0.0014% $ 9.3m
Patrick J. Ward	Independent Director	5yrs	US$335.60k	0.00082% $ 5.4m
Janet Giesselman	Independent Director	3.3yrs	US$300.60k	0.000070% $ 461.0k
Michael Johanns	Independent Director	5yrs	US$300.60k	0.0060% $ 39.4m
Nayaki Nayyar	Independent Director	4.3yrs	US$300.60k	0.0037% $ 24.3m

5.0yrs

Average Tenure

66yo

Average Age

Experienced Board: CTVA *'s board of directors are considered experienced (5 years average tenure).

Corteva Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently sold Mex$9.6m worth of stock

Corteva, Inc., Annual General Meeting, Apr 26, 2024

Insider recently bought Mex$3.2m worth of stock

CEO & Director recently bought Mex$47m worth of stock

Senior VP recently sold Mex$13m worth of stock

Corteva, Inc. Announces Resignation of Rajan Gajaria as Executive Vice President of Business Platforms, Effective February 18, 2022

Recent updates

Upcoming dividend of US$0.16 per share

Insider recently sold Mex$9.6m worth of stock

First quarter dividend of US$0.16 announced

Corteva, Inc. Reaffirms Earnings Guidance for the Year 2024

Corteva Declares Quarterly Dividend, Payable June 18, 2024

UPL Corporation Limited completed the acquisition of Solo Mancozeb Global Fungicide Business of Corteva, Inc.

Corteva, Inc., Annual General Meeting, Apr 26, 2024

Corteva, Inc. to Report Q1, 2024 Results on May 01, 2024

Investor sentiment improves as stock rises 16%

Fourth quarter dividend of US$0.16 announced

Full year 2023 earnings released: EPS: US$1.31 (vs US$1.67 in FY 2022)

Corteva, Inc. Provides Earnings Guidance for the Full-Year 2024

Corteva, Inc. Declares Quarterly Common Stock Dividend, Payable on March 15, 2024

Chemours, DuPont, and Corteva Provide Update and Affirm Support for PFAS Settlement with U.S. Water Systems

Corteva, Inc. to Report Q4, 2023 Results on Jan 31, 2024

The Chemours Company, Dupont De Nemours, Inc. and Corteva, Inc Announces Settlement Agreement with State of Ohio

Upcoming dividend of US$0.16 per share at 1.4% yield

Insider recently bought Mex$3.2m worth of stock

Third quarter 2023 earnings released: US$0.45 loss per share (vs US$0.45 loss in 3Q 2022)

Corteva, Inc. Announces Common Stock Dividend, Payable on Dec.15, 2023

Corteva, Inc. Updates Financial Guidance for Third Quarter and Full Year 2023

Singleton Schreiber Files Class Action Against Several Corporations Alleging Contamination of Private Water Supplies in Town of Campbell

Corteva, Inc. to Report Q3, 2023 Results on Nov 08, 2023

Corteva Agriscience Launches Breakthrough Innovation to Control Crop-Damaging Nematodes, Protect Natural Soil Health

Upcoming dividend of US$0.16 per share at 1.3% yield

Corteva, Inc. Revises Earnings Guidance for the Full Year 2023

The Chemours Company, The Chemours Company FC, LLC, DuPont de Nemours, Inc., Corteva Inc. and E. I. du Pont de Nemours and Company enter Settlement Agreement

Corteva, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Corteva Agriscience Announces Availability of Powercore® Enlist® Refuge Advanced® Corn

Chemours, DuPont, and Corteva Reach Comprehensive PFAS Settlement with U.S. Water Systems

Upcoming dividend of US$0.15 per share at 1.1% yield

Corteva, Inc. Revises Earnings Guidance for the Year 2023

Upcoming dividend of US$0.15 per share at 1.0% yield

Corteva Agriscience Announces Commercial Launch of Optimum® Gly Canola

CEO & Director recently bought Mex$47m worth of stock

Full year 2022 earnings released: EPS: US$1.67 (vs US$2.46 in FY 2021)

Corteva, Inc. Provides Earnings Guidance for the Year 2023

Corteva, Inc. Declares Quarterly Dividend, Payable on March 15, 2023

Corteva, Inc. to Report Q4, 2022 Results on Feb 01, 2023

Corteva, Inc. (NYSE:CTVA) entered into a definitive agreement to acquire The Stoller Group, Inc. for $1.2 billion.

Traction Ag, Inc. acquired Granular Business of Corteva Agriscience from Corteva, Inc. (NYSE:CTVA).

Corteva, Inc. Provides Earnings Guidance for the Year 2022

Corteva Declares Quarterly Dividend, Payable December 15, 2022

Corteva, Inc. to Report Q3, 2022 Results on Nov 03, 2022

Corteva, Inc. (NYSE:CTVA) signed a definitive agreement to acquire Symborg SL.

Senior VP recently sold Mex$13m worth of stock

Corteva, Inc. (NYSE:CTVA) announces an Equity Buyback for $2,000 million worth of its shares.

Corteva, Inc. Provides Earnings Guidance for the Full Year 2022

Corteva, Inc. Announces Increases Quarterly Dividend, Payable on September 15, 2022

Corteva, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Corteva, Inc. Reaffirms Earnings Guidance for the Full Year 2022

Corteva, Inc. to Report Q1, 2022 Results on May 04, 2022

Upcoming dividend of US$0.14 per share

Corteva Agriscience Announces Haviza Active as Global Trademark for Newest Active Ingredient in Its Innovation Pipeline

Corteva, Inc. Announces Resignation of Rajan Gajaria as Executive Vice President of Business Platforms, Effective February 18, 2022

Corteva, Inc. Provides Earnings Guidance for the Full Year 2022

Corteva, Inc. Declares Quarterly Dividend, Payable on March 15, 2022

Corteva Agriscience Announces U.S. EPA Registration of Enlist One® and Enlist Duo® Herbicides through 2029

Corteva Agriscience Launches Conkesta E3 Soybeans in Brazil

Corteva, Inc. (NYSE:CTVA) announces an Equity Buyback for $1,500 million worth of its shares.

Corteva, Inc. Provides Earnings Guidance for the Full Year 2021

Corteva, Inc. Declares Quarterly Dividend, Payable on June 15, 2021

Corteva, Inc. Announces Board Changes

Corteva, Inc., Annual General Meeting, May 07, 2021

Upcoming Dividend of US$0.13 Per Share

Revenue beats expectations

Full year 2020 earnings released: EPS US$0.98 (vs US$0.38 loss in FY 2019)

Corteva Agriscience and Genestack Sign Multi-Year Agreement to Implement Omics Data Manager

Corteva, Inc. Announces Retirement of Gregory R. Friedman as Executive Vice President