secwatch.observer — SEC 8-K summary
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Issuer:     Corteva, Inc. (CTVA)
CIK:        0001755672
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0001193125-21-310412
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Corteva appoints former Nutrien CEO Chuck Magro as new CEO, effective Nov 1, 2021
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- Chuck Magro succeeds James C. Collins Jr., who is retiring; Magro joins board effective Nov 1.
- Magro's base salary $1.3M; target LTI $9M; eligible for severance plan; relocation up to $750k.
- Corteva to pay Nutrien $18.7M lump sum and indemnify for Magro's restrictive covenant breaches.
- Magro previously led Nutrien (2018-2021) and Agrium; brings global ag experience.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1755672/000119312521310412/0001193125-21-310412-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1755672/000119312521310412/d249489d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-310412

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer