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Corteva
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Updated Oct 7, 2026
Corteva completes separation of seed segment into independent Vylor Inc., reshapes board and executive leadership.
Corteva completed the spin-off of its seed operating segment as Vylor Inc. on October 1, 2026, creating two independent publicly traded companies. The separation triggered a fundamental realignment of governance: four directors departed, including former CEO Charles Magro, and a new executive team took control with Luke Kissam as CEO, Jeff Rudolph as CFO, Brook Cunningham as Chief Commercial Officer, and Ralph Ford as Chief Integrated Operations Officer. This represents the most significant structural change to Corteva's portfolio and leadership since the company's formation, reducing it from a diversified crop-science conglomerate to a pure-play agricultural chemicals and traits platform.
Tone: neutralRevenue
$17.4B
CTVA 10-K · FY 2025
Employees
21,500
Revenue FY2024
$16.9B
Founded
2018
Profile
CTVA 10-K Item 1 · Feb 12, 2026Corteva is a global agricultural science company operating through two segments — Seed and Crop Protection — serving farmers in approximately 110 countries. The company develops and commercializes seed germplasm, biotechnology traits, and crop protection chemistry and biologicals. On October 1, 2025, Corteva announced its intent to separate the two segments into independent publicly traded companies via a tax-free spin-off targeted for the second half of 2026.
Read filing description ↓ Collapse description ↑
Corteva is a leading global provider of seed and crop protection solutions focused on the agriculture industry and contributing to a healthier, more secure and sustainable food supply. Corteva was incorporated in Delaware in March 2018 and maintains its business headquarters in Indianapolis, Indiana. With one of the broadest and most productive new product pipelines in the agriculture industry, Corteva is focused on progressing science-based innovations, which aim to deliver a wide range of improved agriculture products and services to its customers. The company leverages its rich heritage of scientific achievement to advance its robust innovation pipeline and continue to shape the future of responsible agriculture. New products are crucial to solving farmers' productivity challenges amid a growing global population while addressing natural resistance, evolving environmental and weather patterns, regulatory changes, safety requirements and competitive dynamics. The company's investments seek to generate returns through providing farmers with technology-based and solution-based product offerings to meet these evolving production needs. Meanwhile, through Corteva's unique routes to market, the company continues to work face-to-face with farmers around the world to understand their needs. The company's broad portfolio of agriculture solutions fuels farmer productivity in approximately 110 countries.
Primary products
- Pioneer® seeds
- Brevant® seeds
- ENLIST E3® soybeans
- ENLIST® corn
- Conkesta E3® soybeans
- JEMVELVA™
Business segments
End markets
Geographies
Named competitors
“The company's key competitors include BASF, Bayer, FMC, Syngenta and ChemChina, as well as companies trading in generic crop protection chemicals and regional seed companies.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Net sales of $17,401 million for the year ended December 31, 2025 represented an increase of 3 percent versus the year ended December 31, 2024, reflecting a 1 percent increase in price and a 3 percent increase in volume, partially offset by a 1 percent unfavorable currency impact.
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