International Flavors & Fragrances Inc (NYSE:IFF) shares are trading higher after it appointed a new CEO and reaffirmed FY23 guidance and strategic plan.
The company disclosed the appointment of J. Erik Fyrwald as Chief Executive Officer and member of the IFF Board of Directors, succeeding Frank Clyburn, effective February 6, 2024.
Clyburn will work with Fyrwald to ensure a seamless transition until March 31, 2024, and further serve in an advisory capacity through December 2024. Fyrwald, most recently, served as Chief Executive Officer of Syngenta.
Board Chair Roger W. Ferguson, Jr. ...