Executive Vice President & CFO Kevin Berryman Steps Down
NEW YORK--(BUSINESS WIRE)--Nov. 14, 2014--
International Flavors & Fragrances Inc. (NYSE:IFF), a leading global
creator of flavors and fragrances for consumer products, announced that
Richard A. O’Leary, the Company’s current Vice President and Controller,
will assume the role of Interim Chief Financial Officer effective
December 18, 2014. This announcement comes as Kevin Berryman, Executive
Vice President and Chief Financial Officer, informed the Company that he
has chosen to depart IFF on such date to take a senior leadership role
outside the organization.
“Rich is an extremely talented and seasoned executive with deep
financial and international business experience coupled with extensive
knowledge of IFF,” said Andreas Fibig, Chief Executive Officer. “We are
fortunate to have him step into this role while we continue to evaluate
candidates for this position. Rich will provide seamless leadership
given his experiences in accounting, financial planning and analysis,
corporate development and a variety of other key finance disciplines.“
Mr. Fibig continued, “We regret to see Kevin leave IFF. He is a
collaborative leader who made countless positive contributions to our
organization. He is also passionate about his family, and this move
brings them closer together as he rejoins them in his native state of
California. I'm confident he will enjoy great future success, and we
wish him all the best.”
Mr. O’Leary, 54, joined IFF in 2007 and has most recently served as the
Company’s Vice President and Controller since June 2009. Previously, he
served as the Company’s Interim Chief Financial Officer from July 2008
to May 2009 and as its Vice President, Corporate Development from July
2007 to May 2009. Prior to joining IFF, Mr. O’Leary held several
international and U.S.-based finance management positions with
increasing responsibility during his more than 20 years with
International Paper Company. Prior to International Paper, he was with
Arthur Young & Co. Mr. O’Leary holds a bachelor's degree in accounting.
About IFF
International Flavors & Fragrances Inc. (NYSE: IFF) is a leading global
creator of flavors and fragrances used in a wide variety of consumer
products. Consumers experience these unique scents and tastes in fine
fragrances and beauty care, detergents and household goods, as well as
beverages, sweet goods and food products. The Company leverages its
competitive advantages of consumer insight, research and development,
creative expertise, and customer intimacy to provide customers with
innovative and differentiated product offerings. A member of the S&P 500
Index, IFF has more than 6,000 employees working in 31 countries
worldwide. For more information, please visit our website at www.iff.com.
Source: International Flavors & Fragrances Inc.
International Flavors & Fragrances Inc.
Michael DeVeau,
212-708-7164
VP, Global Corporate Communications & Investor
Relations
or
Shelley Young, 212-708-7271
Director,
Investor Relations
