Ralf Finzel Appointed IFF’s Executive Vice President, Global Operations Officer

Rhea-AI Summary

IFF has appointed Ralf Finzel as the new executive vice president and global operations officer, effective November 1, 2022. Finzel, a seasoned operations executive with over 30 years of experience, previously served as vice president of Integrated Supply Chain at Honeywell. He has a strong background in operations and supply chain management and holds multiple academic degrees in Chemistry. The change follows the departure of Francisco Fortanet, who exits after a transition period. CEO Frank Clyburn expresses confidence in Finzel's ability to drive IFF's success.

Positive

• Ralf Finzel brings over 30 years of operations experience, enhancing the executive team.
• Finzel's background in supply chain management is expected to contribute positively to operational excellence.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- IFF (NYSE: IFF) today announced that Ralf Finzel has been named executive vice president and global operations officer, effective Nov. 1, 2022. He succeeds Francisco Fortanet, who will be leaving the Company following a period of transition. With this appointment, Finzel becomes a member of IFF’s Executive Committee and will be based in the Company’s New York City headquarters.

Ralf Finzel (Photo: Business Wire)

Finzel is an award-winning international operations executive with more than three decades leading operations and integrated supply chain management for multinational companies. He most recently served as vice president of Integrated Supply Chain for Honeywell International Performance Materials and Technologies Business Group in Houston. He first joined Honeywell in Germany as an operations manager in 1999, and his many successes led to roles of increasing responsibility and scope in Europe and the U.S. Prior to joining Honeywell, he worked in research and plant management roles for Hoechst AG.

“We are delighted to welcome Ralf to our executive team,” said Frank Clyburn, chief executive officer, IFF. “In addition to decades of leadership experience, his focus on operational excellence, sustainable continuous improvement and customer satisfaction makes him a natural fit to the team, and I believe he’ll be a key contributor to IFF’s success moving forward. I want to thank Francisco Fortanet for his many years of outstanding leadership, innovation and dedication to IFF, and look forward to a seamless transition.”

Finzel is a Six Sigma Black Belt and holds extensive training certifications. He earned a bachelor’s, master’s, and doctorate in Chemistry from the University of Würzburg, Germany. He has been published in industry periodicals, such as the Journal of the American Chemical Society and the Journal of Organic Chemistry.

Welcome to IFF

At IFF (NYSE: IFF), an industry leader in food, beverage, scent, health and biosciences, science and creativity meet to create essential solutions for a better world – from global icons to unexpected innovations and experiences. With the beauty of art and the precision of science, we are an international collective of thinkers who partners with customers to bring scents, tastes, experiences, ingredients and solutions for products the world craves. Together, we will do more good for people and planet. Learn more at iff.com, Twitter , Facebook, Instagram, and LinkedIn.

© 2022 by International Flavors & Fragrances Inc. IFF is a Registered Trademark. All Rights Reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221018006257/en/

Michael DeVeau

Chief Investor Relations & Communications Officer

212.708.7164

Media.request@iff.com

Source: IFF

FAQ

Who is the new global operations officer at IFF?

Ralf Finzel has been appointed as the new global operations officer at IFF.

When will Ralf Finzel officially start at IFF?

Ralf Finzel will officially start his role on November 1, 2022.

Who did Ralf Finzel succeed at IFF?

Ralf Finzel succeeds Francisco Fortanet at IFF.

What is Ralf Finzel's previous role before joining IFF?

Before joining IFF, Ralf Finzel was vice president of Integrated Supply Chain at Honeywell.

What qualifications does Ralf Finzel have?

Ralf Finzel holds a bachelor's, master's, and doctorate in Chemistry from the University of Würzburg, Germany.