NEW YORK--(BUSINESS WIRE)--Apr. 30, 2013--
International Flavors & Fragrances Inc. (NYSE: IFF), a leading global
creator of flavors and fragrances for consumer products, today announced
that its shareholders have elected Christina Gold, former chief
executive officer of The Western Union Company, to its Board of
Directors at the Company’s 2013 Annual Meeting of Shareholders held
today.
The Company also announced that its Board of Directors has declared a
regular quarterly cash dividend of $0.34 per share of the Company's
common stock, payable on July 11, 2013 to shareholders of record as of
June 27, 2013.
The election of Ms. Gold brings the total number of directors on IFF's
Board to twelve, including all incumbent directors who were re-elected
at today’s Annual Meeting.
"Christina brings to our Board extensive international and domestic
experience, as well as insight and familiarity with our customer base,”
said Doug Tough, IFF's Chairman and CEO. “Her wide-ranging global
leadership skills and financial and communications experience will be
invaluable to IFF as we continue to expand our geographic footprint.”
Ms. Gold served as Chief Executive Officer, President and a director of
The Western Union Company, a leading company in global money transfer,
from 2006 to 2010, and served as President of Western Union Financial
Services, Inc. and Senior Executive Vice President of First Data
Corporation, former parent company of The Western Union Company, from
2002 to 2006. Prior to joining First Data Corporation, Ms. Gold held
executive positions with Excel Communications, a former
telecommunications and e-commerce services provider, and Beaconsfield
Group, Inc., a direct selling advisory firm that she founded. Prior to
founding The Beaconsfield Group, from 1970 to 1998, Ms. Gold held a
number of key positions with Avon Products, Inc., a leading global
beauty company, including Executive Vice President, Global Direct
Selling Development, Senior Vice President and President of Avon North
America, and Senior Vice President and CEO of Avon, Canada.
Ms. Gold is currently a director of ITT Corporation, New York Life
Insurance and Exelis, Inc. She also sits on the board of Safe Water
Network, a non-profit organization.
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 and packaged goods. Consumers experience these unique scents
and tastes in fine fragrances and beauty care, detergents and household
goods, as well as beverages, confectionery 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 5,700 employees working
in 32 countries worldwide. For more information, please visit our
website at www.iff.com.
Source: International Flavors & Fragrances Inc.
International Flavors & Fragrances Inc.
Investor Relations:
Shelley
Young, 212-708-7271
Director, Investor Relations
