Worldwide Flavors and Fragrances (IFF) has appointed J. Erik Fyrwald to succeed Frank Clyburn as Chief Government Officer and member of the IFF Board of Administrators, efficient Feb. 6, 2024. IFF introduced Clyburn will work intently with Fyrwald to make sure a seamless transition, remaining with IFF till March 31, 2024, and additional serving in an advisory capability by means of December 2024.

Fyrwald brings to IFF greater than 4 many years of government and operational expertise within the diet, agriculture and chemical compounds industries. He most lately served as Chief Government Officer of Syngenta, the place he helped set up Syngenta Group as a number one participant in agriculture for world meals safety, sustainability and regenerative agriculture. Throughout his tenure, he spearheaded the technique that in the end doubled the enterprise overseing the corporate’s acquisition by ChemChina, the formation of the Syngenta Group, and the expansion of the enterprise from income of roughly $13 billion in 2016 to roughly $33 billion in 2022. Previous to Syngenta, Fyrwald served as Chief Government Officer of Univar Options, a number one world chemical and ingredient distributor and supplier; President of EcoLab, a worldwide chief in water, hygiene and an infection prevention options and companies; and Chairman and Chief Government Officer of Nalco, a number one world supplier of water therapy and oil and gasoline services that was acquired by EcoLab in 2011. Previous to Nalco, Fyrwald spent 27 years at DuPont, the place he held positions of accelerating duty in know-how, manufacturing, gross sales and advertising, strategic planning and regional and world enterprise unit management. Fyrwald obtained his bachelor’s diploma from College of Delaware in 1981 and took part in Harvard Enterprise College’s Superior Administration Program in 1998.

“Erik’s distinctive observe file, ardour for profitable execution, customer-centric mindset and extremely complementary trade expertise will probably be invaluable as we capitalize on the numerous worth creation alternatives forward of us. The Board is assured that Erik is the precise government to shepherd IFF by means of its subsequent chapter as we execute on our strategic plan with a concentrate on driving long-term, worthwhile progress,” stated Board Chair Roger W. Ferguson, Jr.

The corporate expects its full yr 2023 gross sales to be consistent with its beforehand acknowledged steering vary of USD 11.3 billion to USD 11.6 billion. It additionally continues to count on full yr 2023 adjusted working EBITDA to be on the mid to excessive finish of its beforehand acknowledged steering vary of USD 1.85 billion to USD 2.0 billion.

IFF continues to execute its portfolio optimization initiatives, most lately by means of the introduced sale of its beauty components enterprise unit for USD 810 million, which the corporate continues to consider will shut within the first quarter of 2024.