IFF has announced that its chief financial and business transformation officer, Glenn Richter, will retire on 31 December 2024, following a three-year tenure with the company.
IFF has initiated the process of selecting a successor for the CFO position, considering both internal and external candidates.
Richter joined IFF in 2021 as head of global finance. Prior to IFF, he also held various senior positions at PepsiCo subsidiary Frito-Lay between 1989 and 1996.
Erik Fyrwald, IFF’s CEO, commented: “During his time at IFF, Glenn has driven multiple actions to improve our balance sheet and position the company for financial success. We have benefited from his experience and commitment to transformation. Notably, the work he has led on portfolio optimisation, strategy development and our shared services agenda have positioned IFF to drive long-term profitable market share growth.”
“The board and I are grateful for all Glenn has helped IFF accomplish, and we appreciate his ongoing leadership of the finance function and support in identifying his successor and ensuring a smooth transition.”
By Rafaela Sousa
Source: foodbev.com
Danone has appointed Carla Hilhorst to the newly created position of senior vice president of research and innovation categories and zones, as the company looks to make science the heart of its business. Hilhorst, who brings over 30 years of experience in research and innovation, will report directly to Isabelle Esser, Danone’s chief research, innovation, quality and food safety officer.
The move, part of Pernod Ricard’s strategy to enhance its premiumisation efforts, will allow the company to focus more resources on its portfolio of premium international spirits and champagne brands that drive the growth of its business. This decision aligns with the company’s commitment to delivering sustainable value for shareholders, employees, clients and partners.
Schai – who is the current CEO of Swiss chocolate company Lindt & Sprüngli’s Australian operation – has previously worked with Aryzta from 2015-2018, where he served in roles including managing director for Asia Pacific and global strategic business lead (McDonald’s). The fast-food giant McDonald’s is one of Aryzta’s significant clients.
