WILMINGTON – DuPont announced that Mark A. Blinn and Dr. Yi Hyon Paik will become members of the future board of directors for Qnity Electronics, Inc., the planned, independent Electronics public company created from DuPont’s intended spin-off. The targeted date for the spin-off is November 1, 2025.
Blinn will become chairman of the Qnity board. He was chief executive officer, president, and director of Flowserve Corporation until his retirement in 2017. Prior to Flowserve, Blinn worked with several other companies, including FedEx Kinko’s Office and Print Services, Inc. and Centex Corporation, in senior finance positions.
He is currently a member of the board of directors of Texas Instruments, a global semiconductor company, where he has served for more than a decade. He also serves on the boards of directors of Emerson Electric Co. and Globe Life Inc. and formerly served as the director.
Yi Hyon Paik has more than 20 years of industry experience in semiconductors and electronics materials, including as the president and chief strategy officer of Samsung SDI, executive vice president and head of the Electronics Materials Business at Samsung Cheil Industries, as well as various leadership roles at The Dow Chemical Company and Rohm & Haas. He also was a partner at Asia-IO Partners and a board member of Versum Materials, Inc. until 2019.
Paik currently serves on the board of directors of Orion S.A., a global specialty chemicals company and is an advisor to RecycLiCo Battery Materials Inc.
“I am delighted that Mark and Yi Hyon will join the future board of Qnity. We look forward to their invaluable insights and the role they will play in advising and guiding the future company’s success as a pure play electronics company,” DuPont’s Lead Independent Director Alexander M. Cutler said. “Both bring a depth of executive experience and industry knowledge of the semiconductor sector that complements the diverse set of skills we’ve assembled in creating the future Qnity Board.”
The full Qnity Board of Directors will include:
- Dr. Shumeet Banerji, founder of Condorcet, LP
- Mark A. Blinn, former CEO, President, and Director of Flowserve Corporation
- Terrence R. Curtin, CEO and Board Member of TE Connectivity
- Karin De Bondt, Senior Vice President and Chief Strategy Officer for Trane Technologies
- Byron Green, former Vice President of Global Operations for L3Harris Technologies
- Dr. Kristina M. Johnson, former President of The Ohio State University
- Jon Kemp, President, DuPont’s Electronics business, and Qnity CEO-elect
- Anne Noonan, former President and CEO of Summit Materials
- Dr. Yi Hyon Paik, former President and Chief Strategy Officer of Samsung SDI
- Steven M. Sterin, Senior Advisor to McKinsey & Company and former Chief Financial Officer of Andeavor
