IFF management
This article was originally published in The Rose Sheet
Executive Summary
International Flavors & Fragrances Chairman and CEO Richard Goldstein retired May 9 following the firm's annual shareholder meeting, IFF reports. Goldstein, who became CEO in 2000, announced in January he would step down this month (1"The Rose Sheet" Jan. 23, 2006, In Brief). Executive search firm Spencer Stuart was retained to assist IFF in hiring Goldstein's successor. "That process is continuing and is progressing well," according to the firm. IFF Lead Director Arthur Martinez is appointed chairman and CEO on an interim basis during shareholder meeting...
You may also be interested in...
IFF CEO
Robert Amen named Chairman and CEO of the board, tasked with leading the company through its next phase of growth, International Flavors & Fragrances announces June 29. The appointment is effective July 1. "Having conducted a thorough search, we feel strongly that Rob is the right person to lead IFF," the company says, noting Amen is a "seasoned exec with a proven ability to strategically manage and grow businesses around the globe." Amen most recently served as president of International Paper Company. He succeeds Arthur Martinez, who has served as interim chairman and CEO following the retirement of former head Richard Goldstein in May (1"The Rose Sheet" May 15, 2006, In Brief)...
IFF CEO
International Flavors & Fragrances CEO Richard Goldstein plans to retire from the company following its May 9 Annual Shareholder Meeting, fragrance and flavors supplier announces Jan. 17. An executive search firm has been hired to assist IFF in finding his successor, firm adds. Goldstein, who has served as CEO since 2000, says the company is "positioned to deliver long-term growth and increased value for shareholders" and thus, "the timing is now right to put this succession plan into effect." Goldstein formerly served as president and CEO Unilever U.S. and president of North American foods, and came to IFF during a transitional period in which the firm launched a major streamlining plan to increase earnings (1"The Rose Sheet" May 1, 2000, p. 11). IFF's board of directors notes during his tenure "Dick has overseen key strategic initiatives, including the successful acquisition and integration of Bush Boake Allen, and significant investments in product development and technology, which put IFF in a strong position"...
Ultrahuman Expands Wearable Medtech Production Into US After $35M Funding Round
Firm operating in London, India and United Arab Emirates says its “Ultra Factory” will open in Indiana within the next six months with end-to-end production based on its operational facility in India.