Michael DeVeau Named Global Pricing Officer, Flavors
NEW YORK--(BUSINESS WIRE)--May. 14, 2012--
International Flavors & Fragrances Inc. (NYSE: IFF), a leading global
creator of flavors and fragrances for consumer products, today announced
that Shelley Young will lead the Company's investor relations function,
reporting to Executive Vice President and CFO Kevin Berryman.
The announcement comes as Michael DeVeau, current head of investor
relations, has been named Global Pricing Officer, Flavors. Mr. DeVeau,
whose previous experience includes finance roles at PepsiCo and
Citigroup, will report to Flavors Group President, Hernan Vaisman in his
new role.
“We are very excited to welcome Shelley to our organization,” said Kevin
Berryman, Executive Vice President and CFO. “She is a seasoned investor
relations professional who possesses strong communication skills and a
high level of business acumen. I am confident that she will be a
valuable contributor to IFF’s future success with the investment
community in this vitally important role.”
Mr. Berryman added, “I also want to thank Michael for his contributions
in investor relations over the previous three years. During his tenure,
he has been instrumental in shaping our investor communications by
becoming a trusted resource for our shareholders. I’m confident he will
be a great addition to the Flavors team and I wish him the very best in
his new role.”
“Michael and Shelley will partner together to ensure a seamless
transition,” said Berryman.
Most recently, Ms. Young established SEY Communications, a consulting
practice specializing in improving the productivity of Investor
Relations programs. Prior to that, she held investor relations roles of
increasing responsibility with CBRE Group, Inc., The New York Times
Company and Thomson Financial Group. Earlier in her career, Ms. Young
held financial planning positions with PepsiCo and MasterCard
International. A native of Newton, M.A., Ms. Young holds a B.A. degree
in economics from Tufts University and an M.B.A. in finance and
marketing from the University of Michigan'sRoss School of Business.
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 5,600 employees working in 32 countries
worldwide. For more information, please visit our website at www.iff.com.
Source: International Flavors & Fragrances Inc.
Investors:
International Flavors & Fragrances Inc.
Michael
DeVeau, 212-708-7164
or
Shelley Young, 212-708-7271