U.S.-China Business Council Elects DuPont Chair and CEO Ellen Kullman as Chair

Thu Jun 6, 2013 6:03am EDT

* Reuters is not responsible for the content in this press release.

WASHINGTON, DC, June 6, 2013 (GLOBE NEWSWIRE) -- via PRWEB - The U.S.-China Business Council (USCBC) today announced the election of DuPont Chair & CEO Ellen Kullman as USCBC chair as well as the election of other officers and board directors.

"I am pleased to lead the U.S.-China Business Council at this important time for U.S.-China commercial relations. USCBC is the leading business organization representing American commercial interests with China," Kullman said. "USCBC is celebrating its 40th anniversary this year and has seen many business advances over four decades. Challenges still remain in the commercial relationship, but there are tremendous opportunities to partner between the two countries to ensure sustainable development, economic growth and job creation."

"When you add up exports to China and sales by companies with operations in China, USCBC estimates that China is at least a $250 billion market for American companies," Kullman continued. "I look forward to serving as USCBC chair during this milestone year and advocating for effective and sensible approaches to further promote and strengthen the U.S.-China commercial relationship."

Kullman leads a global market-driven science company with annual revenues of nearly $35 billion. DuPont operates in more than 90 countries and has brought world-class integrated science and engineering to the global marketplace through innovative products, materials and services. With over 40 wholly owned or joint venture entities and 7,000 employees in mainland China, DuPont offers technology, products and services to industries including agriculture, food and nutrition, electronics and transportation.

USCBC President John Frisbie announced the following elected officers:
Chair, Ellen Kullman, chair of the board and chief executive officer, DuPont
Vice Chair, Robert Iger, chairman and chief executive officer, The Walt Disney Company
Vice Chair, Thomas J. Lynch, chief executive officer, TE Connectivity
Secretary-Treasurer, The Honorable Barbara Hackman Franklin, president and chief executive officer, Barbara Franklin Enterprises
Counsel, Andrew W. Shoyer, partner, Sidley Austin LLP

USCBC also today welcomed 11 new board members:
Mark T. Bertolini, chairman, chief executive officer and president, Aetna
Stephen Bird, chief executive officer, Asia Pacific, Citi
Gregory H. Boyce, chairman and chief executive officer, Peabody Energy
Mary Callahan Erdoes, chief executive officer, J.P. Morgan Asset Management
Mark Fields, chief operating officer, Ford Motor Company
Klaus Kleinfeld, chairman and chief executive officer, Alcoa
Roberta Lipson, chief executive officer and president, Chindex International, Inc.
Edward J. Rapp, group president and executive officer member, Caterpillar Inc.
Ian C. Read, chairman of the board and chief executive officer, Pfizer
David Rubenstein, co-founder and co-chief executive officer, The Carlyle Group
Frits van Paasschen, chief executive officer and president, Starwood Hotels & Resorts Worldwide, Inc.

An updated list of USCBC's directors can be found at https://www.uschina.org/board_of_directors.html.

"I am delighted with the election of Ellen Kullman to chair and the other officers and new board members. USCBC continues to have one of the most dynamic boards consisting of America's best business leaders," Frisbie said. "China is a market that matters greatly to America. Clearly there are an array of issues that need to be addressed for more growth to occur, including investment barriers, intellectual property protection, cybersecurity, and a level playing field for all enterprises. Under the leadership of the board, USCBC will continue its high-level advocacy to address these issues and keep the commercial relationship moving forward constructively."

Kullman succeeds Bob McDonald, former chairman, president, and CEO of The Procter & Gamble Company, as USCBC chair.

"I want to thank Bob McDonald for his leadership and dedication to USCBC's mission during his tenure as chair," Frisbie said.

The U.S.-China Business Council (USCBC) is a private, nonpartisan, nonprofit organization of roughly 225 American companies that do business with China. Celebrating 40 years of operations in 2013, USCBC has provided unmatched information, advisory, advocacy, and program services to its membership. Through its offices in Washington, DC; Beijing; and Shanghai, USCBC is uniquely positioned to serve its members' interests in the United States and China.

DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com.

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6/6/13

This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/dupont-ellen-kullman/us-china-business-council/prweb10804594.htm

CONTACT: DuPont
         Michelle Reardon
         michelle.s.reardon@dupont.com
         302-530-9197
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