International Flavors and Fragrances (IFF) has appointed Jon Erik Fyrwald as its new chief executive officer and member of the board of directors, effective 6 February 2024.
Jon Erik Fyrwald ©LinkedIn
Fyrwald will succeed Frank Clyburn, who will work closely with him until 3 March, before assuming an advisory role until December this year.
Fyrwald’s most recent role was as the CEO of agriculture company Syngenta. Prior to that, he held the position of CEO at chemical and ingredients company Univar Solutions and water treatment provider Nalco. Fyrwald also has an extensive background in executive leadership positions at DuPont, including in the company’s agriculture and nutrition business.
IFF’s board chair, Roger Ferguson, said: “We are delighted to welcome Erik to IFF’s board and leadership team. Erik’s exceptional track record, passion for successful execution, customer-centric mindset and highly complementary industry experience will be invaluable as we capitalise on the significant value-creation opportunities ahead of us. The board is confident that Erik is the right executive to shepherd IFF through its next chapter as we execute on our strategic plan with a focus on driving long-term, profitable growth.”
Ferguson continued: “On behalf of the board, I want to thank Frank for his leadership and contributions to IFF. During his tenure, Frank played an instrumental role in strengthening our commercial execution and research and development initiatives, executing our portfolio optimisation efforts and guiding IFF through the initial stages of our refreshed strategic plan. We wish him all the best as he leaves IFF to pursue outside interests.”
Fyrwald added: “I am thrilled to be joining the IFF team…I’m excited to help advance its purpose of applying science and creativity for a better world…With strong progress made against IFF’s strategic priorities, I look forward to doubling down on execution to accelerate financial performance by building on the company’s innovation, commercial and productivity efforts, and continuing to strengthen its capital structure through portfolio optimization to drive value creation for all IFF stakeholders.”
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