Sensient Appoints Steve Morris as President, Flavors & Extracts Group

Rhea-AI Summary

Sensient Technologies Corporation announced that Craig Mitchell will retire from his position as President, Flavors & Extracts Group, effective January 1, 2024. Steve Morris will succeed Mr. Mitchell as the new President.

Positive

• Steve Morris, the new President of Sensient, has a strong background in the industry and has consistently improved revenue and profit growth. His appointment is expected to drive growth across the Flavors & Extracts Group.

Negative

• Craig Mitchell's retirement may lead to a loss of his expertise and customer relationships. The transition to a new President could potentially disrupt operations.

Craig Mitchell Announces Retirement from Sensient

MILWAUKEE, Wis.--(BUSINESS WIRE)-- Sensient Technologies Corporation (NYSE: SXT) announced today that Craig Mitchell has informed the company that he intends to retire from his position as President, Flavors & Extracts Group, effective January 1, 2024. Sensient has appointed Steve Morris, currently the General Manager, Sweet & Beverage Flavors North America, to succeed Mr. Mitchell upon his retirement.

Steve Morris joined Sensient’s Color Group in June 2007 and served as Sales Director of Food Colors US. He served as General Manager, Food Colors from October 2012 through August 2017, during which time his oversight progressively expanded from the US to North America, and ultimately to the Americas. Mr. Morris has held his current role as General Manager, Sweet & Beverage Flavors North America since August 2017. Prior to joining Sensient, Mr. Morris held various commercial leadership roles at DuPont (Solae) and operations management roles at Unilever. Steve holds a Bachelor of Science in Chemical Engineering from Iowa State University and an MBA from Washington University’s Olin School of Business. Mr. Morris was born and raised in Iowa and is married with three adult children.

Over the upcoming months, Mr. Mitchell and Mr. Morris will work together to ensure a smooth transition.

“On behalf of the Board of Directors and the Executive Team, I want to thank Craig for his exceptional contributions over the last five years,” said Paul Manning, Chairman of the Board, President, and Chief Executive Officer of Sensient Technologies Corporation. “Since joining the company in 2018, Craig has greatly strengthened the Flavors & Extracts Group and its commercial focus and helped solidify key customer relationships. We wish him and his family all the best in his upcoming retirement.”

Mr. Manning added, “On behalf of the Board, I also want to congratulate Steve on this appointment. He has excelled in both the Flavors and Color Groups during the last 16 years. While serving in his current role, Steve has done an outstanding job transitioning the portfolio to higher value-added flavor and ingredient products and has consistently improved revenue and profit growth. His operational, commercial, and general management experience position him well to continue driving growth across the Flavors & Extracts Group.”

About Sensient Technologies

Sensient Technologies Corporation is a leading global manufacturer and marketer of colors, flavors, and other specialty ingredients. Sensient uses advanced technologies and robust global supply chain capabilities to develop specialized solutions for food and beverages, as well as products that serve the pharmaceutical, nutraceutical, and personal care industries. Sensient’s customers range in size from small entrepreneurial businesses to major international manufacturers representing some of the world’s best-known brands. Sensient is headquartered in Milwaukee, Wisconsin.

www.sensient.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230726611947/en/

Amy Agallar

(414) 347-3706

Source: Sensient Technologies Corporation

FAQ

Who is retiring from Sensient?

Craig Mitchell is retiring from his position as President, Flavors & Extracts Group.

Who will succeed Craig Mitchell as President?

Steve Morris, currently the General Manager, Sweet & Beverage Flavors North America, will succeed Mr. Mitchell.

What is Steve Morris's background?

Steve Morris has held various leadership roles in the industry, including at DuPont and Unilever. He has a Bachelor of Science in Chemical Engineering and an MBA.

What is the expected impact of Steve Morris's appointment?

Steve Morris's appointment is expected to drive growth across the Flavors & Extracts Group, as he has consistently improved revenue and profit growth in his previous roles.