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David Johnson

Executive VP & CFO, Corteva

Search every verified David Johnson interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. David Johnson, Executive Vice President and CFO at Corteva, spoke at the company's Investor Day on September 15, 2026, outlining its financial framework and growth targets. He stated that Corteva expects to achieve net sales of approximately $11.2 to $11.9 billion by 2029, representing roughly 3 to 4% annual growth at the midpoint, and operating EBITDA of approximately $3.3 to $3.7 billion, reflecting a 7 to 8% compound annual growth rate. He noted that this would expand margins from 27% to around 30% by 2029. Johnson also discussed the company's shift from being a net licensor of third-party seed technologies to a net licensing income business. He said that as recently as 2020, Corteva was a net in-licensor of approximately $700 million annually, but by 2025, it had reduced its net licensing expense to roughly $120 million, and beginning in 2026, it expects to become a net licensing income business.

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