Registered trademark symbol

IFF Names New President of Nourish and Introduces Leadership Structure Aligned to New Operating Model

Retrieved on: 
Wednesday, June 7, 2023
Cosmetics, Retail, Chemicals, Plastics, Manufacturing, Specialty, Food, Beverage, Christophe, University, ICI, Kellogg, Engineering, Marketing, DuPont, CPG, Registered trademark symbol, Faculty of Management Studies – University of Delhi, All rights reserved, Herriott, Nutrition and Health, Science, Creativity, Personal care, Strategic management, Paweł Strzelecki, National Institutes of Technology (India), Corporation, Osaka Titanium Technologies, Zeneca, Growth, Cereal, International Flavors & Fragrances, NYSE, Odor, Drug, Management, Perfume, IFF, Health, Beach nourishment

IFF today also announced the leadership structure to support the transition to a new operating model as part of the company’s transformation strategy.

Key Points: 
  • IFF today also announced the leadership structure to support the transition to a new operating model as part of the company’s transformation strategy.
  • IFF expects its new operating model to be in effect by the beginning of 2024.
  • As President, Nourish, Arora, will lead IFF’s Food and Beverage categories when the operating model is in full effect in the new year.
  • “Our evolution to a category-aligned operating model is a pivotal moment for IFF,” said Frank Clyburn, IFF CEO.

IFF Completed Divestiture of Savory Solutions Business

Retrieved on: 
Wednesday, May 31, 2023
Retail, Other Consumer, Consumer, Home Goods, Specialty, Food, Beverage, Taste, Heart, Registered trademark symbol, All rights reserved, Sale, Science, Creativity, PAI Partners, PAI, Health, International Flavors & Fragrances, NYSE, Perfume, IFF

IFF (NYSE:IFF) today announced that it has successfully completed the previously announced divestiture of its Savory Solutions business unit to PAI Partners (PAI), a leading global private equity firm with a strong focus on the food and consumer industry.

Key Points: 
  • IFF (NYSE:IFF) today announced that it has successfully completed the previously announced divestiture of its Savory Solutions business unit to PAI Partners (PAI), a leading global private equity firm with a strong focus on the food and consumer industry.
  • Under PAI ownership, Savory Solutions Group has been rebranded to NovaTaste, a global leader in taste innovation with headquarters in Salzburg, Austria.
  • “The sale of IFF’s Savory Solutions Group represents our continued efforts to optimize our portfolio as we focus on core businesses and strengthen our capital structure,” said Frank Clyburn, IFF CEO.
  • We’re grateful to our Savory Solutions colleagues, who have demonstrated their commitment to innovation, service and quality.

IFF Promotes Trudi Loren to Vice President of Global Innovation, Creation and Design, Fine Fragrance

Retrieved on: 
Thursday, April 20, 2023
Food, Global Innovation Index, Registered trademark symbol, Innovation, Creativity, Estée Lauder, NYSE, Creation, Health, International Flavors & Fragrances, Perfume, Science, Biochemistry, Boston College

NEW YORK, April 20, 2023 /PRNewswire/ -- IFF today announced the promotion of its creative director of Fine Fragrance, Trudi Loren to vice president, Global Innovation, Creation and Design, Fine Fragrance.

Key Points: 
  • NEW YORK, April 20, 2023 /PRNewswire/ -- IFF today announced the promotion of its creative director of Fine Fragrance, Trudi Loren to vice president, Global Innovation, Creation and Design, Fine Fragrance.
  • "It gives me great pleasure to welcome Trudi to her new role," said Valery Claude, vice president, Innovation and Creation, Scent, IFF.
  • "Trudi has demonstrated great success with her expertise, understanding of customers, market savviness, passion for fragrance, and leadership skills since she joined IFF.
  • In her previous roles, Trudi Loren has spearheaded the development of several blockbuster fine fragrance brands around the world.

IFF Mourns the Passing of Board Chair Dale F. Morrison

Retrieved on: 
Wednesday, April 12, 2023
Cosmetics, Retail, Chemicals, Plastics, Manufacturing, Specialty, Food, Beverage, General Foods, Campbell Soup Company, CPG, Registered trademark symbol, All rights reserved, Morrison, McCain Foods, PepsiCo, Science, Creativity, Fenway Partners, Growth, Health, International Flavors & Fragrances, Family, NYSE, Chair, Management, Perfume

With heavy hearts and deep sadness, IFF (NYSE: IFF) shares the recent passing of Dale F. Morrison, Chair of the IFF Board.

Key Points: 
  • With heavy hearts and deep sadness, IFF (NYSE: IFF) shares the recent passing of Dale F. Morrison, Chair of the IFF Board.
  • Morrison served more than a decade as a member of the IFF Board, including as Chair since February 2022.
  • He worked closely with IFF’s leadership team and Board to oversee a period of growth as IFF solidified its essential role in the CPG value chain.
  • Morrison notified IFF earlier this year of his intent to retire from the Board at the 2023 Annual Shareholder Meeting, due to health reasons, and Roger W. Ferguson, Jr., current member of the IFF Board, succeeds Morrison as Board Chair, effective immediately.

IFF and IRCAM Amplify Study Shows Consumer Online Purchase for Perfume Driven by Sound

Retrieved on: 
Thursday, April 6, 2023
Smell, Food, Registered trademark symbol, Consumer, Research, Emotion, IRCAM, Science, Creativity, NYSE, Neuroscience, Sound, Health, International Flavors & Fragrances, RCAM, Odor, Perfume

PARIS, April 6, 2023 /PRNewswire/ -- IFF today announced an in-depth study conducted with IRCAM Amplify ‒a Paris-based sound research and design lab‒demonstrating a strong link between sound, smell, emotion and consumer behavior.

Key Points: 
  • PARIS, April 6, 2023 /PRNewswire/ -- IFF today announced an in-depth study conducted with IRCAM Amplify ‒a Paris-based sound research and design lab‒demonstrating a strong link between sound, smell, emotion and consumer behavior.
  • Study results show that sound increases the purchase intent for scent by 58 percent in an e-commerce setting, and it also invokes a deep emotional connection with a scent.
  • "Increasingly, consumers are making more online purchases, and this scent-tech revolution will allow brands and retailers to introduce new scents online and accelerate business growth," said Christophe de Villeplée, president, Scent, IFF.
  • Ircam Amplify was created to achieve the very best of innovation in audio research from IRCAM – Centre Pompidou available to companies and new use cases.

REGIONAL CHARITY OBTAINS SERVICE MARK REGISTRATION

Retrieved on: 
Wednesday, March 29, 2023
Manna, Edible, Patent, Organic, Food, Bible, Service mark, Registered trademark symbol, TM, Woman, United States patent law, Platinum, Organization, Name, United Kingdom trade mark law, Family, Grocery store, LinkedIn

DERWOOD, Md., March 29, 2023 /PRNewswire/ -- Celestial Manna®, one of the oldest food rescue charities in Maryland, has something new on its website.  Earlier this year, the US Patent and Trademark Office (USPTO) recognized the unique standing of this 37-year-old charity by granting a Trade Mark on the name, and a Service Mark on the symbol. Written as the letters TM inside a circle, a Registered Trademark designation indicates uniqueness in the marketplace and helps protect the organization from impersonation.

Key Points: 
  • Earlier this year, the US Patent and Trademark Office (USPTO) recognized the unique standing of this 37-year-old charity by granting a Trade Mark on the name, and a Service Mark on the symbol.
  • A trademark can be any name, word, symbol, slogan, or device that identifies and distinguishes a business or product from others in the market.
  • Celestial Manna took this step to distinguish itself from other charities in the region that also have the word Manna in their name.
  • The logo is also now protected with a similar protection, called a Service Mark.

IFF Recommends Stockholders Reject Mini-Tender Offer by TRC Capital Investment Corporation

Retrieved on: 
Tuesday, March 21, 2023
Finance, Specialty, Chemicals, Plastics, Professional Services, Food, Beverage, Cosmetics, Manufacturing, Retail, Registered trademark symbol, All rights reserved, Disclosure, EDT, Science, Creativity, NYSE, TRC, Security (finance), Health, International Flavors & Fragrances, News, Cryptocurrency, Financial adviser, Perfume, IFF

TRC Capital Investment Corporation’s offer price is approximately 1.4% lower than the $82.76 closing price of IFF’s common stock on March 17, 2023, the last trading day prior to the date of the amended offer.

Key Points: 
  • TRC Capital Investment Corporation’s offer price is approximately 1.4% lower than the $82.76 closing price of IFF’s common stock on March 17, 2023, the last trading day prior to the date of the amended offer.
  • IFF recommends that stockholders do not tender their shares in response to TRC's offer because the offer price is below the current market price of IFF’s shares and is subject to numerous conditions, including TRC Capital Corporation obtaining financing for the offer.
  • IFF recommends that stockholders who have not responded to TRC Capital Investment Corporation’s offer take no action.
  • IFF is not affiliated or associated in any way with TRC, its mini-tender offer, or its mini-tender offer documents.

IFF Announces Further Evolution of its Board of Directors

Retrieved on: 
Monday, February 27, 2023
Cosmetics, Retail, Chemicals, Plastics, Manufacturing, Specialty, Food, Beverage, Creativity, Sainsbury's, Self-help group (finance), Audit committee, Audit, CPG, NYSE, Divisional patent application, Sainsbury, United Kingdom, SID, International Flavors & Fragrances, Annual general meeting, All rights reserved, Growth, Kingfisher plc, Registered trademark symbol, Vulnerability and Risk Committee, Centrica, Science, Health, Landsec, Management, Perfume, IFF

IFF (NYSE: IFF) today announced the next phase of the evolution of its Board of Directors, to support the ongoing execution of the company’s strategic transformation and long-term financial vision.

Key Points: 
  • IFF (NYSE: IFF) today announced the next phase of the evolution of its Board of Directors, to support the ongoing execution of the company’s strategic transformation and long-term financial vision.
  • Kevin O’Byrne, Chief Financial Officer and director of J Sainsbury Plc, has been appointed to join the IFF Board, effective March 10, 2023.
  • “On behalf of the entire Board, I would like to thank Ed, Stephen and Matthias for their many contributions to IFF,” said Dale Morrison, Chair of the IFF Board.
  • “I am thrilled to join the IFF Board during such an exciting time for the company,” said Kevin O’Byrne, Incoming IFF Director.

IFF Announces the Sale of Flavor Specialty Ingredients Business to Exponent

Retrieved on: 
Thursday, February 16, 2023
Food, Beverage, Manufacturing, Cosmetics, Retail, Chemicals, Plastics, Registered trademark symbol, Science, Centerview Partners, FSI, International Flavors & Fragrances, NYSE, Sale, Health, Growth, Drug Quality and Security Act, Creativity, Tax, All rights reserved, Perfume, IFF, Teesside, Exponentiation

IFF (NYSE: IFF) today announced it has entered into an agreement to sell its Flavor Specialty Ingredients (FSI) business to Exponent, a leading UK-based private equity firm, for $220 million in cash proceeds.

Key Points: 
  • IFF (NYSE: IFF) today announced it has entered into an agreement to sell its Flavor Specialty Ingredients (FSI) business to Exponent, a leading UK-based private equity firm, for $220 million in cash proceeds.
  • “Aligned with our strategy, we’re continuously evaluating our portfolio to identify opportunities to strengthen our financial profile,” said IFF CEO Frank Clyburn.
  • “The sale of FSI will improve our capital structure while allowing us to focus on our core businesses to enhance growth and returns.
  • IFF and Exponent expect to close the transaction by the end of Q3 2023, subject to customary closing conditions.

IFF Provides Update on Evolution of Board of Directors

Retrieved on: 
Thursday, February 2, 2023
Food, Beverage, Manufacturing, Cosmetics, Retail, Chemicals, Plastics, Registered trademark symbol, Science, International Flavors & Fragrances, NYSE, Health, Morrison, Chairperson, Creativity, Chair, All rights reserved, Management, Perfume, IFF

New Board Chair: Roger W. Ferguson, Jr., experienced IFF Board member, has been named Chair of the IFF Board as of the 2023 Annual Shareholder Meeting.

Key Points: 
  • New Board Chair: Roger W. Ferguson, Jr., experienced IFF Board member, has been named Chair of the IFF Board as of the 2023 Annual Shareholder Meeting.
  • He will succeed Dale F. Morrison, who has been a member of the IFF Board since 2011, most recently serving as Chair since 2022.
  • Morrison has notified IFF of his intent to retire from the Board as of the 2023 Annual Shareholder Meeting due to health reasons;
    Board Appointments: Mark J. Costa, Dawn Willoughby and Gary Hu have been appointed to the IFF Board; and
    Board Retirements: Michael Ducker, Ilene Gordon and Kare Schultz have retired as IFF directors.
  • These changes will result in the Board reducing its size to no more than 10 IFF directors and one Icahn Capital designee director by the 2023 Annual Shareholder Meeting.