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Du Pont

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NEWS
February 16, 2011 | By Mari A. Schaefer, Inquirer Staff Writer
John Eleuthere du Pont, the eccentric multimillionaire who killed an Olympic wrestler in 1996 at his Newtown Square estate, was buried in his red Foxcatcher wrestling singlet, in accordance with his will. Du Pont, 72, died Dec. 9 at a prison in Somerset County, Pa., of acute aspiration pneumonia. He had spent almost 15 years behind bars for killing gold medal-winning wrestler David Schultz on the grounds of his Foxcatcher Farm estate and training facility. The petition of probate for his will, filed in Delaware County, lists the minimum value of du Pont's estate at an estimated $1 million.
NEWS
March 19, 1996 | By Ralph Vigoda, INQUIRER STAFF WRITER
Lawyers for John E. du Pont yesterday asked that his arraignment, scheduled for Thursday in Delaware County Court, be postponed to give the defense team time to get results from a court-ordered evaluation of du Pont's competency to stand trial. If the postponement is not granted, they requested that they be given more time before disclosing whether they plan to make du Pont's mental state an issue in their defense. The defense attorneys' requests were quickly opposed by the Delaware County District Attorney's Office.
NEWS
February 5, 1996 | by Mary Flannery, Daily News Staff Writer
His family is insisting that John du Pont is mentally ill, that he's been acting queerly for years. His lawyers might want that behavior to continue - at least for a while longer. The first few weeks after his arrest may prove to be the most critical to du Pont's defense if his attorneys intend to claim that du Pont was legally insane when he allegedly shot to death Olympic wrestler Dave Schultz, say lawyers who have defended mentally ill criminal defendents. "You have to get defendants when they are delusional," said Paul Conway, chief of homicide and special defense for the Defender Association of Philadelphia.
NEWS
December 31, 1996 | by Don Russell, Daily News Staff Writer
John E. du Pont didn't make it home for Christmas, and he won't be home to ring in the new year. To the surprise of no one, Delaware County Judge Patricia H. Jenkins yesterday denied bail to the millionaire accused-killer for a third time this year. Du Pont, 58, will remain incarcerated at Norristown State Hospital until his trial starts on Jan. 21. The chemicals heir is accused of shooting Olympic gold medal wrestler Dave Schultz at du Pont's Foxcatcher Farms athletic compound in Newtown Square last Jan. 26. Du Pont's attorneys had asked on Christmas Eve that their client be permitted to return to his sprawling estate.
NEWS
April 9, 1996 | by Don Russell, Daily News Staff Writer
After nine weeks in a jail cell, millionaire accused killer John E. du Pont is losing his grip, and his lawyers want him out. The attorneys yesterday asked a Delaware County judge to set bail for the chemicals heir, claiming his "physical condition and overall well-being has deteriorated" since he was locked up on Super Bowl Sunday, Jan. 28. "We didn't think we could wait any longer," said defense attorney William Lamb. He said a court-ordered mental competency examination likely will not be held till mid-May.
NEWS
March 29, 1988
For Du Pont, the chemical giant, production of chorofluorocarbons - Feon, for instance - is a $600 million-a-year business. So it has been unsurprising that the company didn't rush to join cause with scientists who wanted them banned to spare the earth's protective layer of ozone - the stuff that blocks sun rays that can cause skin cancer. But faced with new evidence that Feon-type substances are on more of a rampage than previously thought, Du Pont called boldly last week for their total phase-out, one-upping a 31-nation treaty that requires reduction by 50 percent.
NEWS
June 5, 1996 | by Don Russell, Daily News Staff Writer
If millionaire accused-killer John E. du Pont is freed on bail, he'll never return for trial, a prosecutor charged yesterday. Certain that the eccentric marksman has already plotted his escape, Delaware County Special Assistant District Attorney Dennis McAndrews told a state Superior Court panel that a lower court judge was correct in denying du Pont bail last month. "We will not bring this man to trial if he is released on bail," McAndrews told the panel. Du Pont is accused in the Jan. 26 slaying of Olympic gold medal wrestler Dave Schultz.
NEWS
January 25, 1990 | By Mike Franolich, Special to The Inquirer The Associated Press contributed to this article
A large tank containing recycled sulfuric acid exploded yesterday afternoon in Salem County, rocking Du Pont Co.'s Chambers Works plant in Deepwater, officials said. The tank exploded at 1:36 p.m. at the center of Du Pont's largest chemical plant, said Kelli Kukura, a company spokeswoman. The 30,000-gallon-capacity tank contained about 22,000 gallons of recycled sulfuric acid. The explosion created a thick cloud of smoke, officials said. The ensuing fire was brought under control in half an hour and extinguished by about 3 p.m., officials said.
NEWS
February 18, 1988 | By Susan Bennett, Inquirer Washington Bureau Ellen Warren, Bill Arthur, Nolan Walters, Lee Bandy, Andrew Cassel, Owen Ullmann and Doreen Carvajal of The Inquirer Washington Bureau also contributed to this article
Two of the big losers in the New Hampshire primary - Republican Pete du Pont of Delaware and Democrat Bruce Babbitt - were expected to drop out of the race today, as the big winners prepared for the critical Super Tuesday primaries in the South. Du Pont, who won just 10 percent of the GOP vote in New Hampshire, scheduled a news conference in Wilmington. Campaign sources said he will announce his withdrawal. And campaign aides and supporters of Babbitt, the former Arizona governor who placed sixth in New Hampshire with just 5 percent of the vote, said yesterday that he is expected to become the first Democrat to withdraw from the presidential race.
BUSINESS
September 15, 1988 | By Kevin Haney, Daily News Staff Writer The Associated Press and Reuters contributed to this report
The board of directors of Du Pont Co. yesterday dubbed Edgar S. Woolard Jr. as its new chairman, come 1989. Woolard, with the Wilmington-based industrial giant since 1957, will replace Richard E. Heckert as chairman and chief executive, the company said yesterday. Woolard, 54, has been Du Pont's president since March 1, 1987. He will take the helm when Heckert retires after Du Pont's annual meeting next April. The mandatory retirement age for CEOs at Du Pont is 65; Heckert turns 65 in January.
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BUSINESS
May 16, 2015 | By Jane M. Von Bergen, Inquirer Staff Writer
Better training might have prevented the deaths of four workers killed by lethal gas November 15 at DuPont's facility in LaPorte, Texas, the U.S. Department of Labor's Occupational Health and Safety Adminstration said Thursday. OSHA fined the company $99,000 for 10 violations, including one for insufficient training. The incident began when one worker opened a drain on a methyl mercaptan vent line and was overcome. Three people who tried to help also died. None had respirators.
BUSINESS
May 15, 2015 | By Joseph N. DiStefano, Inquirer Staff Writer
Big stock-index funds and small investors joined forces to reelect incumbent DuPont Co. directors in a Wednesday vote at the company's Wilmington headquarters, pushing back a rival slate led by billionaire activist investor Nelson Peltz. After the vote, Peltz said that "the vast majority" of actively managed mutual funds and hedge funds had backed his slate. Vote totals were not released. "We won," company chair and chief executive Ellen Kullman crowed. "Apparently, we got their attention," she said, referring to the company's $15 million campaign to win support from retirees and other small investors, who own nearly one-third of DuPont's 900 million shares outstanding and had not voted much in recent elections.
BUSINESS
May 11, 2015 | By Joseph N. DiStefano, Inquirer Staff Writer
Phone banks, slick pamphlets, attack ads, and daily mailings: This year's vote to pick directors for the DuPont Co . on May 13 looks more like the Philadelphia mayor's race than the usual corporate coronation. DuPont's stockholders - nearly 2,000 mutual funds and other institutions along with 600,000 individual investors - are hearing from two parties, one led by DuPont's chief executive in Wilmington, Ellen Kullman, the other by billionaire Nelson Peltz and his firm, Trian Fund Management.
BUSINESS
April 29, 2015 | By Joseph N. DiStefano, Inquirer Staff Writer
Shares of DuPont Co. rose 4.6 percent on Monday - topping the Dow Jones industrial average and landing at No. 2 on the S&P 500 - as traders applauded the decision by Institutional Shareholder Services (ISS), a Maryland-based advisory firm, to back billionaire activist Nelson Peltz's antimanagement campaign to join the Wilmington industrial giant's board. "The dissidents are onto something in their critique," ISS said in a report questioning DuPont's sales and profits record.
BUSINESS
February 13, 2015 | By Joseph N. DiStefano, Inquirer Staff Writer
Billionaire investor Nelson Peltz's Trian Group is pressing his campaign to squeeze cash out of the DuPont Co. even faster by making good on his threat to run with three allies against board of directors candidates backed by DuPont chairman and chief executive Ellen Kullman. Bondholders worry that Kullman has already given Peltz more money than is good for them. Peltz's firm Wednesday praised DuPont's nomination of turnaround specialists Edward Breen (ex-boss of Tyco International )
BUSINESS
January 12, 2015 | By Joseph N. DiStefano, Inquirer Staff Writer
It's getting personal. Billionaire investor Nelson Peltz accelerated his two-year campaign to break up the DuPont Co. last week by naming himself and three allies to run against CEO and chair Ellen Kullman and her backers, when shareholders vote in April. Peltz wants more, deeper, and faster management cuts, a breakup of DuPont into smaller chunks he thinks will make faster profits for shareholders, and closer scrutiny of research and development spending. The Kullman board shot back with an existential defense of the 200-year-old, Wilmington-based global manufacturer.
NEWS
December 24, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
The long retreat of the DuPont Co. from the city it long personified took a giant leap Monday when the chemical-maker announced it would move about 1,000 employees, including its chief executive officer, from the center of troubled Wilmington to a suburban office park. DuPont said Monday it will consolidate its headquarters. Between 800 and 1,000 supervisors and staff will leave the high-rise complex that has loomed over the city's focal Rodney Square Park since Pierre S. du Pont created the modern company in the early 1900s.
NEWS
November 21, 2014
BACK WHEN Steve Carell was playing Brick Tamland in "Anchorman," he probably didn't anticipate a day when he'd be on "60 Minutes," discussing his Oscar chances. But there he was a week ago, fielding questions about his widely praised role in "Foxcatcher" as millionaire Main Line murderer John du Pont, easily the strangest role of Carell's admirably weird career. Carell, behind a big fake nose, gives a performance of hair-raising detachment, moving a "60 Minutes" correspondent to ask the actor why, given his commercial success, he'd take a "chance" on a role like this.
ENTERTAINMENT
November 16, 2014 | By Steven Rea, Inquirer Columnist
Foxcatcher is director Bennett Miller's chilling evocation of the real-life story of John Eleuthère du Pont, the Newtown Square multimillionaire who operated a wrestling training center at his Foxcatcher Farm in the 1990s and who, on a January day in 1996, shot and killed Olympic gold medalist Dave Schultz. Miller's approach to Foxcatcher - opening Friday at the Ritz East and the Carmike Ritz Center in New Jersey, then expanding to other theaters on Nov. 26 - is similar to his Capote (2005)
ENTERTAINMENT
November 4, 2014 | By Molly Eichel
J OHN DU PONT is a notorious name for longtime residents of the Philadelphia area who remember him killing Olympic wrestler Dave Schultz in 1996 at du Pont's Newtown Square compound. But neither director Bennett Miller , nor actor Anthony Michael Hall had heard of the case before starting work on the movie "Foxcatcher. " In fact, Miller only heard about it after a stranger handed him an envelope full of clips about the story at an event. The film held its Philadelphia premiere at the Prince Music Theater last night, where the likes of Greater Philadelphia Film Office's Sharon Pinkenson , negotiator on the du Pont case Anthony Paparo , Kal Rudman and Cozen O'Connor's Justin Wineburgh walked the red carpet.
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