---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-006619"
form_type: "8-K"
ticker: "IFF"
cik: "0000051253"
company_name: "INTERNATIONAL FLAVORS & FRAGRANCES INC"
filed_at: "2024-01-11T23:59:59+00:00"
generated_at: "2026-06-07T00:43:19.591666+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IFF CEO Franklin Clyburn to step down; J. Erik Fyrwald named new CEO effective Feb 6, 2024

## Summary
- CEO Franklin Clyburn departs effective Feb 6, 2024; remains in transitional role until Mar 31, then consulting through Dec 2024 for $1M.
- J. Erik Fyrwald appointed CEO and director effective Feb 6, 2024; former CEO of Syngenta Group.
- Fyrwald compensation: $1M base salary, 200% target bonus, $10M LTIP target, plus inducement awards (68,750 PSUs, 56,250 RSUs).
- Clyburn severance: $3.575M cash (2x salary + prorated bonus), 24 months benefits continuation, pro-rata equity vesting.
- Clyburn's March 2022 sign-on equity awards to continue vesting in full.

## SEC filing metadata
- accession: 0001193125-24-006619
- form_type: 8-K
- ticker: IFF
- cik: 0000051253
- company_name: INTERNATIONAL FLAVORS & FRAGRANCES INC
- filed_at: 2024-01-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51253/000119312524006619/0001193125-24-006619-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51253/000119312524006619/d712376d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-006619
- JSON: https://secwatch.observer/filing/0001193125-24-006619.json
- Plain text: https://secwatch.observer/filing/0001193125-24-006619.txt

## Key facts
- Executive change
  J. Erik Fyrwald was appointed as Chief Executive Officer and Director at INTERNATIONAL FLAVORS & FRAGRANCES INC.
  - Action: appointed
  - Role: Chief Executive Officer and Director
  source text: J. Erik Fyrwald has been appointed CEO of the Company and has been appointed to serve as a director of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/51253/000119312524006619/0001193125-24-006619-index.htm
- Executive change
  Franklin K. Clyburn, Jr. departed as Chief Executive Officer and Director at INTERNATIONAL FLAVORS & FRAGRANCES INC.
  - Action: ceased to serve as
  - Role: Chief Executive Officer and Director
  source text: Mr. Franklin K. Clyburn, Jr. who is currently Chief Executive Officer (“CEO”) of the Company and a director of the Company’s Board of Directors (the “Board”), will cease to serve as CEO and a director of the Board, effective February 6, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/51253/000119312524006619/0001193125-24-006619-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.