Item 2.02
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Results of Operations and Financial Condition.
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Attached and being furnished hereby as Exhibit 99.1 is a copy of a press release of International Flavors & Fragrances Inc. (IFF or the
Company), dated May 11, 2020, reporting IFFs financial results for the quarter ended March 31, 2020.
A live webcast to
discuss the Companys first quarter 2020 financial results will be held on May 12, 2020, at 10:00 a.m. ET. The webcast and accompanying slide presentation may be accessed on the Companys IR website at ir.iff.com. For those unable to
listen to the live webcast, a recorded version will be made available on the Companys website approximately one hour after the event and will remain available on IFFs website for one year.
Exhibit 99.1 is being furnished under Item 2.02 and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the Exchange Act), or otherwise subject to the liability of such section, nor shall such exhibit be deemed incorporated by reference in any filing under the Securities Act of 1993, as amended (the Securities
Act), or the Exchange Act.
Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
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In connection with the previously announced combination of IFF and the Nutrition
& Biosciences business (N&B) of DuPont de Nemours, Inc. (DuPont), IFF and DuPont had announced that DuPont Executive Chairman and Chief Executive Officer, Ed Breen, will join the board of the combined company as a
DuPont designee following the close of the transaction and will serve as Lead Independent Director starting June 1, 2021.
On May 11, 2020, IFF and DuPont
announced two additional DuPont director designees for the combined company. Matthias Heinzel, N&B President, and Carol A. (John) Davidson, a CPA with more than 30 years of leadership experience across multiple industries, will be appointed to
join the board of the combined company following the close of the transaction.
IFF also announced on May 11, 2020 that the Executive Committee of the
combined company will include:
Andreas Fibig, Chairman and Chief Executive Officer
Mr. Fibig has served as IFF Chairman and Chief Executive Officer since 2014, where he has overseen the organizations transformational strategy and
industry-leading sustainability efforts. He joined the IFF Board in 2011.
Rustom Jilla, Executive Vice President, Chief Financial Officer
Mr. Jilla has served as IFFs Executive Vice President and Chief Financial Officer since January 2020 and brings deep experience in leading global
financial organizations. He has held Chief Financial Officer roles for several public companies through his career.
Matthias Haeni, President, Taste,
Food & Beverage
Mr. Haeni has led IFFs Flavors division since 2014, where he has overseen the divisions strategy and commercial and
creative execution. He previously held leadership roles for IFFs Flavors business in EAME and Greater Asia.
Amy Byrick, President, Taste, Food
& Beverage
Ms. Byrick has served as Platform Leader, Food and Beverage for N&B since 2019, where she has overseen the companys specialty
food ingredients business. She joined DuPont in 2017 as Global Business Unit Leader for DuPont Nutrition & Health.
Nicolas Mirzayantz, President,
Scent
Mr. Mirzayantz has served as lead of IFFs Fragrances business since 2006, where he is responsible for driving the business strategy
and execution. Mr. Mirzayantz joined IFFs Creative Center in Paris in 1988 and has held positions of increased responsibility throughout his 30-year career with the company.
Simon Herriott, President, Health & Biosciences
Mr.
Herriott has served as Platform Leader, Health & Biosciences for N&B since 2019. In a 16-year career with DuPont, he has driven top-line growth and operational effectiveness through innovation and supply chain development.