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International Flavors & Fragrances Inc: Overview

International Flavors & Fragrances Inc (IFF) manufactures and markets beverage, food, health and biosciences, scent and pharma solutions and complementary products, such as cosmetic active and natural health ingredients. The company sells its products to meat, dairy, beverages, savory, snacks, sweet, baked goods, soaps and detergents, personal care products, cleaning products, and perfumes and cosmetics manufacturers. IFF’s products also finds application in dietary supplements, infant and elderly nutrition, food protection, functional food, pharmaceutical and oral care products. It operates manufacturing facilities in the US, the Netherlands, Spain, Indonesia, Turkey, Brazil, Mexico, China, Germany, India, and Singapore. The company has business presence across Europe, Africa, the Middle East, North America, Asia, and Latin America. IFF is headquartered in New York, the US.

Headquarters United States of America

Address 521 W 57th St, New York, 10019


Telephone 1 212 7655500

No of Employees 24,000

Industry Consumer Packaged Goods

Ticker Symbol & Exchange IFF (NYSE)

Revenue (2021) $11.7B 129.3% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX -25.7% (2021 vs 2020)

Market Cap* $27.0B

Net Profit Margin (2021) XXX -67.5% (2021 vs 2020)

* As of and is in US$

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Products and Services

Products
Flavors:
Flavor Compounds
Fragrances:
XXX
XXX
XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Corporate Changes/Expansions In October, the company announced the opening of its Singapore Innovation Center for US$30 million.
2022 Contracts/Agreements In July, the company received first data package from Microba Life Sciences in a research partnership to discover and develop microbiome based solutions for multiple forms of energy.
2022 New Products/Services In June, the company introduced its new GUARDIAN family of products, an innovative line of plant extract-based formulations and synergistic oxidation control solutions.
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Competitor Comparison

Key Parameters International Flavors & Fragrances Inc Archer Daniels Midland Co The Procter & Gamble Co PepsiCo Inc The Coca-Cola Co
Headquarters United States of America United States of America United States of America United States of America United States of America
City New York Chicago Cincinnati Purchase Atlanta
State/Province New York Illinois Ohio New York Georgia
No. of Employees 24,000 41,000 106,000 309,000 79,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Dale F. Morrison Chairman Executive Board 2022 73
Frank Clyburn Chief Executive Officer; Director Executive Board 2022 57
Glenn Richter Chief Financial Officer; Executive Vice President Senior Management 2021 60
Vic Verma Chief Information Officer; Executive Vice President Senior Management 2019 53
Susana Suarez-Gonzalez Chief Human Resources and Diversity and Inclusion Officer; Executive Vice President Senior Management 2021 52
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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