NEW YORK, Feb 17, 2010 (BUSINESS WIRE) -- International Flavors & Fragrances Inc. (NYSE: IFF), a leading global
creator of flavors and fragrances for consumer products, today announced
that current Non-Executive Chairman, Douglas D. Tough, will assume the
role of Chairman and Chief Executive Officer effective March 1, 2010.
"As I begin my journey as Chairman and Chief Executive Officer of
International Flavors & Fragrances, I am excited to lead our
organization into the next decade and leverage the enormous
opportunities that exist for such a dynamic Company," said Doug Tough.
"Throughout its long history, IFF's strong credentials across a range of
critical factors have provided the Company with a winning heritage.
Going forward, I will look to work with the talented team to create an
even brighter future for IFF and all its constituents."
Doug Tough continued, "I am extremely grateful to the senior leadership
team as well as all our employees for their focus during the recent
transition period. In a challenging economic environment, they were able
to make fundamental enhancements that drove improved performance over
the second half of 2009. I am also grateful to my colleagues on the IFF
Board for their support and counsel. I look forward to leading this
outstanding team through the next phase of IFF's growth."
Doug Tough, a proven consumer products executive, joined the Board of
IFF in October 2008. He has been CEO of Australia-based Ansell Limited
for nearly six years. Prior to Ansell, he had a 17-year career with
Cadbury Schweppes Plc where he held a variety of senior positions
overseeing consumer products divisions both in the U.S. and abroad.
About IFF
International Flavors & Fragrances Inc. (NYSE: IFF), is a leading global
creator of flavors and fragrances used in a wide variety of consumer
products and packaged goods. Consumers experience these unique scents
and tastes in fine fragrances and beauty care, detergents and household
goods, as well as beverages, confectionery and food products. The
Company leverages its competitive advantages of brand understanding and
consumer insight combined with its focus on R&D and innovation, to
provide customers with differentiated product offerings. A member of the
S&P 500 Index, IFF has sales, manufacturing and creative facilities in
32 countries worldwide. For more information, please visit our website
at www.iff.com.
SOURCE: International Flavors & Fragrances Inc.
Investor & Media Relations:
International Flavors & Fragrances
Michael DeVeau, 212-708-7164
