‘Quarterly capitalism’ and the destruction of DuPont

Filed in Delaware by on October 9, 2015

DuPont Edward Breen Tornoe

The “resignation” of DuPont CEO Ellen Kullman¬†(replaced, at least temporarily, by a break-up expert)¬†itself is an example of the importance Wall Street places on short-term performance, something Hillary Clinton has dubbed “quarterly capitalism.”

Kullman was an innovator who helped modernize and stabilize DuPont. It seems that, basically, two bad financial quarters have ended her tenure as CEO.

Read more at Newsworks

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About the Author ()

Rob Tornoe is a local cartoonist and columnist, and can be seen in The Philadelphia Inquirer, The Press of Atlantic City, The News Journal, and the Dover Post chain of newspapers. He's also a contributor to Media Matters and WHYY. Web site: RobTornoe.com Twitter: @RobTornoe

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  1. John Kowalko says:

    Threatened takeover of Chemours? Please sign the petition for Dioxin waste pile removal before there are ten degrees of corporate separation in place.
    John Kowalko