Jim Collins

“Like we discussed in the first quarter, the growth would really happen in the back half of this year. We worked really hard the last eight months with credit in the line, working through some credit issues, kind of cleaning up the portfolio and really building that CNI pipeline.”

“A fair amount of it was designed, right? We certainly wanted to run out some of the marginal credits or the credits that were credit related. But we also wanted to drive out orphan credits or non-full relationship credits and pare down our CRE concentrations and really build up our CNI.”

“We launched Corteva with a strategy grounded in building and delivering value to shareholders through new product innovation that drives organic growth and margin improvement, organizational efficiency and rigor, and disciplined capital allocation.”

“Starting on Slide 4, as I step back and reflect on how the organization closed out 2020 with strong sales and earnings growth in the fourth quarter, it is impressive how our teams executed in a very complex and dynamic market environment with the overlay of the COVID pandemic.”

“Starting on Slide 4, as I reflect on the year, 2020 was a year of profound societal and economic disruptions globally. Despite these challenges, I’m extremely proud of the continued resiliency of our company.”