Firmenich has appointed Benoit Fouilland as its new chief financial officer (CFO), effective 1 September.
Most recently, Fouilland served as CFO at Criteo S.A., an advertising platform for the internet. He joins Firmenich with more than 20 years of international executive leadership and finance experience at companies such as British Telecom, Business Objects and SAP.
Fouilland will succeed Eric Nicolas who has held the role of CFO since 2011. Following the transition, Nicolas will serve as chief operating officer at Firmenich and will remain a member of the executive committee.
In his new role, Fouilland will report to Gilbert Ghostine, CEO of Firmenich. Ghostine said: “He [Fouilland] is a business-minded CFO of rare stature with an impressive track record of building and leading global financial teams and maximising business performance. With his depth of experience, I am confident he will be a key partner for our entire executive team.”
A French citizen, Fouilland will relocate from Paris to Geneva to take up the position of CFO at the Swiss fragrance and flavour company. He will also serve as the secretary of the finance, audit and risk committee of the board.
Fouilland added: “I am delighted to join Firmenich as chief financial officer. Firmenich has an undisputable reputation, a committed team, supportive and engaged customers, that have allowed the group to successfully reinvent itself era after era.
“It is a very exciting time to join the company as they embark on their new strategic cycle. I look forward to supporting the Firmenich team bringing a strong strategic focus on growth and value drivers.”
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