IFF Elects Marcello Bottoli and Linda Buck to Board of Directors
NEW YORK, July 16 /PRNewswire-FirstCall/ -- International Flavors & Fragrances Inc. (NYSE: IFF), a leading creator of flavors and fragrances, announced today that Marcello Bottoli, President and CEO of Samsonite Corporation, and Linda Buck, a Nobel Prize winning scientist, have been elected to IFF's Board of Directors. With these additions, IFF's Board of Directors is now comprised of ten independent members as well as Robert M. Amen, Chairman and Chief Executive Officer of IFF, for a total of eleven Directors.
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"Linda and Marcello are exceptionally talented individuals who add to the diversity of viewpoint, background and experience of our Board, strengthening our Company," said Mr. Amen. "I am very pleased they are joining us and I look forward to working with them."
Mr. Bottoli has served as President and CEO of Samsonite since March 2004 and is a member of its Board of Directors. Previously, Mr. Bottoli was Chairman of the Board and CEO of Louis Vuitton Malletier, a major luxury goods producer. He has extensive and varied international business experience.
Dr. Buck shared the 2004 Nobel Prize in Physiology or Medicine for research on the sense of smell, which clarified the intricate biological pathway from the nose to the brain that allows people to differentiate smells. Dr. Buck, a Howard Hughes Medical Institute investigator, currently serves as Associate Director of Basic Sciences at Fred Hutchinson Cancer Research Center and Affiliate Professor of Physiology and Biophysics at the University of Washington. Prior to her current roles, Dr. Buck was a Professor of Neurobiology at Harvard Medical School.
With these additions, IFF's Board of Directors is now comprised of ten independent members plus Amen. IFF's Board Members are:
-- Robert M. Amen, Chairman and Chief Executive Officer of International
Flavors & Fragrances Inc.;
-- Margaret Hayes Adame, President of Fashion Group International;
-- Dr. Gunter Blobel, a 1999 recipient of the Nobel Prize, a Howard
Hughes Medical Institute investigator at The Rockefeller University in
New York City;
-- J. Michael Cook, Chairman and Chief Executive Officer Emeritus of
Deloitte & Touche, LLP;
-- Peter A. Georgescu, Chairman Emeritus of Young & Rubicam Inc.;
-- Alexandra Herzan, President and Director of the Lily Auchincloss
Foundation;
-- Henry Howell, Jr., Managing Director, J. P. Morgan & Co., Retired;
-- Arthur C. Martinez, Chairman and Chief Executive Officer Emeritus of
Sears, Roebuck and Company; and
-- Burton M. Tansky, President and Chief Executive Officer of The Neiman
Marcus Group.
About IFF
IFF is a leading creator of flavors and fragrances used in a wide variety of consumer products and packaged goods. Consumers experience these unique scents and tastes in fine fragrances and beauty care, detergents and household goods, as well as beverages, confectionary and food products. The Company leverages its competitive advantages of brand understanding and consumer insight combined with its focus on R&D and innovation, to provide customers with differentiated product offerings. A member of the S&P 500 Index, IFF has sales, manufacturing and creative facilities in 30 countries worldwide. For more information, please visit www.iff.com.
SOURCE International Flavors & Fragrances Inc.
-0- 07/16/2007
/CONTACT: Investors, Yvette Rudich, +1-212-708-7164,
yvette.rudich@iff.com, or Media, Melissa Sachs, +1-212-708-7278,
melissa.sachs@iff.com, both of IFF/
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/Web site: http://www.iff.com /
(IFF)
CO: International Flavors & Fragrances Inc.; Samsonite Corporation
ST: New York
IN: REA HOU FOD
SU: PER
SS-FB
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1843 07/16/2007 16:05 EDT http://www.prnewswire.com