IFF Appoints New Chief Legal Officer
Ticker: IFF · Form: 8-K · Filed: Mar 21, 2024 · CIK: 51253
Sentiment: neutral
Topics: executive-appointment, legal, compensation
Related Tickers: IFF
TL;DR
IFF just hired a new top lawyer, Michael Williams, starting March 25th. Big salary, bonus potential.
AI Summary
International Flavors & Fragrances Inc. announced on March 21, 2024, the appointment of Michael D. F. Williams as Chief Legal Officer and General Counsel, effective March 25, 2024. Williams will receive an annual base salary of $475,000 and will be eligible for the company's annual incentive plan and long-term equity awards. He previously served as General Counsel and Corporate Secretary at Aptiv PLC.
Why It Matters
The appointment of a new Chief Legal Officer is a significant leadership change that could impact the company's legal strategy and corporate governance.
Risk Assessment
Risk Level: low — This filing primarily concerns a routine executive appointment and compensation, posing minimal immediate risk.
Key Numbers
- $475,000 — Annual Base Salary (For the new Chief Legal Officer)
Key Players & Entities
- Michael D. F. Williams (person) — Appointed Chief Legal Officer and General Counsel
- International Flavors & Fragrances Inc. (company) — Registrant
- $475,000 (dollar_amount) — Annual base salary for new CLO
- March 25, 2024 (date) — Effective date of appointment
- Aptiv PLC (company) — Previous employer of new CLO
FAQ
What is Michael D. F. Williams' previous role?
Michael D. F. Williams previously served as General Counsel and Corporate Secretary at Aptiv PLC.
When is Michael D. F. Williams' appointment effective?
The appointment of Michael D. F. Williams is effective March 25, 2024.
What is the annual base salary for the new Chief Legal Officer?
The annual base salary for Michael D. F. Williams is $475,000.
Will the new Chief Legal Officer be eligible for incentives?
Yes, Michael D. F. Williams will be eligible for the company's annual incentive plan and long-term equity awards.
What is the company's ticker symbol?
The company's ticker symbol is IFF.
Filing Stats: 462 words · 2 min read · ~2 pages · Grade level 12.8 · Accepted 2024-03-21 16:20:09
Filing Documents
- d810776d8k.htm (8-K) — 26KB
- 0001193125-24-073863.txt ( ) — 186KB
- iff-20240321.xsd (EX-101.SCH) — 3KB
- iff-20240321_def.xml (EX-101.DEF) — 14KB
- iff-20240321_lab.xml (EX-101.LAB) — 23KB
- iff-20240321_pre.xml (EX-101.PRE) — 15KB
- d810776d8k_htm.xml (XML) — 7KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INTERNATIONAL FLAVORS & FRAGRANCES INC. By: /s/ Jennifer Johnson Name: Jennifer Johnson Title: Executive Vice President, General Counsel and Corporate Secretary Date: March 21, 2024