intl flavors & fragrances (IFF) Key Developments
International Flavors & Fragrances Inc. Announces Executive Changes
Mar 23 15
International Flavors & Fragrances Inc. announced that Dr. Shekhar Mitra, President of Innopreneur LLC and Premium Consulting Partner at YourEncore Inc., is appointed to the company’s Scientific Advisory Board (SAB) effective immediately. He replaces Dr. Brian Willis, former Senior Vice President of R&D and Board member of Quest Flavors and Fragrances (UK and Netherlands), who is retiring from the SAB. Led by Dr. Ahmet Baydar, Senior Vice President, R&D, the SAB provides external perspectives on a number of facets of company's R&D program to help deliver on the company’s innovation strategy. Prior to joining YourEncore, Dr. Mitra served as Senior VP of Global Corporate R&D, Salon Professional, Prestige and New Business Creation for Procter & Gamble. In addition to his corporate responsibilities, Dr. Mitra serves on the Board of Directors of Orabush Inc. and 2 X Consumer Growth Partners. He is a member of the Board of Advisors for Vyome Biosciences and Silicon Arts Laboratories.
International Flavors & Fragrances to Pay Regular Quarterly Cash Dividend on April 7, 2015
Mar 11 15
International Flavors & Fragrances (IFF) announced that it will pay a regular quarterly cash dividend of $0.47 per share, unchanged from the prior two quarters. The dividend will be paid on April 7, 2015 to shareholders of record as of March 27, 2015.
International Flavors & Fragrances Inc. Expanded Flavors Facility in Isando, South Africa
Mar 3 15
International Flavors & Fragrances Inc., or IFF, has expanded its flavors facility in Isando, South Africa. The expanded facility, located near Johannesburg and adjacent to IFF's existing manufacturing plant, more than doubles IFF's creative capabilities in South Africa. The new cutting-edge facility includes flavor creation, application and sensory laboratories, and a pilot plant that will cater to the company's expanded customer base in the rapidly growing Sub-Saharan Africa region. IFF's total footprint in South Africa is approximately 30,000 square meters.
International Flavors & Fragrances Inc. Presents at The Consumer Analyst Group of Europe (CAGE) Conference, Mar-17-2015 01:15 PM
Feb 20 15
International Flavors & Fragrances Inc. Presents at The Consumer Analyst Group of Europe (CAGE) Conference, Mar-17-2015 01:15 PM. Venue: Hilton London Metropole, 225 Edgware Road, London W2 1JU, United Kingdom. Speakers: Andreas Fibig, Chairman and Chief Executive Officer, Michael DeVeau, Vice President of Global Corporate Communications & Investor Relations, Richard A. O'Leary, Interim Chief Financial Officer, Vice President and Controller.
International Flavors & Fragrances Seeks Acquisitions
Feb 19 15
Rich O'Leary, Chief Financial Officer International Flavors & Fragrances Inc. (NYSE:IFF) said, "We continue to see significant opportunities to leverage the Aromor acquisition to drive the future profitability of IFF through the use of this enhanced portfolio of ingredients and leveraging those in our flavors and fragrance -- flavors compounds work to drive increased win rates. As we look at any M&A opportunity, we will continue to leverage and apply our principles of economic profit in order to ensure that any deal that we target is value creating."