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International Flavors & Fragrances Inc. : Shelley Young to Lead IFF Investor Relations

05/14/2012| 08:05am US/Eastern
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Michael DeVeau Named Global Pricing Officer, Flavors

International Flavors & Fragrances Inc. (NYSE: IFF), a leading global creator of flavors and fragrances for consumer products, today announced that Shelley Young will lead the Company's investor relations function, reporting to Executive Vice President and CFO Kevin Berryman.

The announcement comes as Michael DeVeau, current head of investor relations, has been named Global Pricing Officer, Flavors. Mr. DeVeau, whose previous experience includes finance roles at PepsiCo and Citigroup, will report to Flavors Group President, Hernan Vaisman in his new role.

"We are very excited to welcome Shelley to our organization," said Kevin Berryman, Executive Vice President and CFO. "She is a seasoned investor relations professional who possesses strong communication skills and a high level of business acumen. I am confident that she will be a valuable contributor to IFF's future success with the investment community in this vitally important role."

Mr. Berryman added, "I also want to thank Michael for his contributions in investor relations over the previous three years. During his tenure, he has been instrumental in shaping our investor communications by becoming a trusted resource for our shareholders. I'm confident he will be a great addition to the Flavors team and I wish him the very best in his new role."

"Michael and Shelley will partner together to ensure a seamless transition," said Berryman.

Most recently, Ms. Young established SEY Communications, a consulting practice specializing in improving the productivity of Investor Relations programs. Prior to that, she held investor relations roles of increasing responsibility with CBRE Group, Inc., The New York Times Company and Thomson Financial Group. Earlier in her career, Ms. Young held financial planning positions with PepsiCo and MasterCard International. A native of Newton, M.A., Ms. Young holds a B.A. degree in economics from Tufts University and an M.B.A. in finance and marketing from the University of Michigan's Ross School of Business.

About IFF

International Flavors & Fragrances Inc. (NYSE: IFF) is a leading global creator of flavors and fragrances used in a wide variety of consumer products. Consumers experience these unique scents and tastes in fine fragrances and beauty care, detergents and household goods, as well as beverages, sweet goods and food products. The Company leverages its competitive advantages of consumer insight, research and development, creative expertise, and customer intimacy to provide customers with innovative and differentiated product offerings. A member of the S&P 500 Index, IFF has more than 5,600 employees working in 32 countries worldwide. For more information, please visit our website at www.iff.com.

Investors:
International Flavors & Fragrances Inc.
Michael DeVeau, 212-708-7164
or
Shelley Young, 212-708-7271


© Business Wire 2012
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