home · filing · 0001193125-21-227550
8-K filed July 28, 2021, 7:59 PM ET
ticker IFF
CIK 0000051253
leadership
confidence high
sentiment neutral
materiality 0.65
IFF appoints Mirzayantz as Nourish President, de Villeplee as Scent President, enters $2B credit facility
INTERNATIONAL FLAVORS & FRAGRANCES INC
Nicolas Mirzayantz becomes President of Nourish division effective Sept 1, 2021, succeeding Kathy Fortmann who leaves IFF.
Christophe de Villeplee promoted to President of Scent division, replacing Mirzayantz.
IFF enters $2.0B senior unsecured revolving credit facility maturing July 28, 2026, expandable to $2.5B.
Maximum net debt/EBITDA covenant starts at 4.75x, stepping down to 3.50x over time with acquisition step-ups.
Mirzayantz receives $65,000 base salary increase, 10% bonus target boost, and $500,000 RSU grant.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Filed July 28, 2021, 7:59 PM ET
Christophe de Villeplee, will transition into the role of President, Scent.
Effective 2021-09-01
Successor Nicolas Mirzayantz
Filed July 28, 2021, 7:59 PM ET
Mr. Mirzayantz will succeed Kathy Fortmann, current President, Nourish, who has decided to pursue other opportunities outside of IFF.
Effective 2021-09-01
Successor Christophe de Villeplee
Filed July 28, 2021, 7:59 PM ET
Nicolas Mirzayantz, current President, Scent, has been appointed President of IFF's Nourish division, effective September 1, 2021.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.85
Christophe de Villeplee was appointed as President, Scent at INTERNATIONAL FLAVORS & FRAGRANCES INC.
Action appointed
Role President, Scent
Exact text from the filing
Christophe de Villeplee, will transition into the role of President, Scent.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Kathy Fortmann departed as President, Nourish at INTERNATIONAL FLAVORS & FRAGRANCES INC.
Action departed
Role President, Nourish
Exact text from the filing
Mr. Mirzayantz will succeed Kathy Fortmann, current President, Nourish, who has decided to pursue other opportunities outside of IFF.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Nicolas Mirzayantz was appointed as President of the Nourish division at INTERNATIONAL FLAVORS & FRAGRANCES INC.
Action appointed
Role President of the Nourish division
Exact text from the filing
Nicolas Mirzayantz, current President, Scent, has been appointed President of IFF's Nourish division, effective September 1, 2021.
View on SEC.gov
Source: SEC EDGAR
accession 0001193125-21-227550
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