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IFF’s Chief Financial Officer to Step Down

New CFO expected to be named by July 31

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By: Jamie Matusow

Editor-in-Chief

International Flavors & Fragrances Inc. (IFF) announced that Douglas J. Wetmore will step down from his position as senior vice president and chief financial officer. Mr. Wetmore will continue to serve as CFO until July 31.

“Doug has been a key contributor to IFF for nearly two decades and we thank him for his dedication and leadership,” said Robert M. Amen, IFF’s chairman and chief executive officer. “The management team and Board of Directors all join me in wishing him well in his future endeavors.”

Mr. Wetmore stated, “I have had the pleasure of working with an outstanding team, and together, we’ve achieved a number of significant objectives while positioning the company to continue its leadership in the flavors and fragrances industry. With the experience I’ve gained during my tenure at IFF, I believe now is the right time for me to pursue other career opportunities.”

The company has retained an executive search firm and is interviewing both internal and external candidates for the position. IFF expects to name a new CFO prior to July 31.

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