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IFF announces board of directors’ changes
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Thursday, 16 January, 2025, 08 : 00 AM [IST]
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New York, USA
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IFF unveiled the next phase in the evolution of its board of directors, aimed at bolstering the company's long-term strategic vision and driving profitable market share growth.
New Board Chair: Kevin O’Byrne—an experienced IFF board member and chair of Centrica plc—will become board chair at the 2025 Annual Shareholder Meeting. O’Byrne will succeed Roger W. Ferguson, Jr. who has served as Chair since 2022. Ferguson notified IFF of his intent to not stand for re-election at the 2025 Annual Shareholder Meeting after 14 years of distinguished service.
Board Appointments: Cynthia Jamison, Dr Mehmood Khan and Vincent Intrieri will join the board of directors effective January 1, 2025. Intrieri’s appointment is at the request of Icahn Capital LP pursuant to the Cooperation agreement. He replaces Gary Hu, who will step down from the IFF board on December 31, 2024.
Board Retirements: Christina Gold and John Davidson have announced their plans to not stand for re-election at the 2025 Annual Shareholder Meeting. When these departures are in effect, IFF will have ten board members.
“It has been an incredible honour and privilege to serve on the IFF Board,”. “IFF has the right leaders in place, a dynamic team fuelled by science and creativity, plus a world-class portfolio backed by a cutting-edge R&D pipeline. The Company is very well placed to meet the needs of its customers, powering everyday products for tomorrow’s consumers. I am very proud of the strong progress in the last twelve months and excited to see IFF build on this momentum in the coming years. I want to thank Erik and the entire team at IFF for their commitment and support,” said Ferguson.
Erik Fyrwald, IFF CEO and director, said, “We are grateful for Roger, Christina, John and Gary's invaluable contributions to strengthening IFF. As we author our next chapter, I look forward to working with Kevin in his new role. I am delighted to welcome Cindie, Mehmood and Vince to the board. Their expertise, experience and insights will support us in unlocking our full potential to serve our customers, deliver innovative, sustainable solutions, and profitably grow IFF.”
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