IFF Appoints New General Counsel
Ticker: IFF · Form: 8-K · Filed: May 30, 2024 · CIK: 51253
Sentiment: neutral
Topics: executive-appointment, legal, compensation
TL;DR
IFF just hired a new General Counsel, Michael Nazzaro, from PPG, starting June 3rd. Salary $475k.
AI Summary
International Flavors & Fragrances Inc. announced on May 30, 2024, the appointment of Michael P. Nazzaro as Senior Vice President, General Counsel, and Corporate Secretary, effective June 3, 2024. Nazzaro 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 Senior Vice President and Deputy General Counsel at PPG Industries.
Why It Matters
The appointment of a new General Counsel is a significant leadership change that can impact the company's legal strategy and corporate governance.
Risk Assessment
Risk Level: low — This filing reports on a routine executive appointment and compensation, which typically carries low risk.
Key Numbers
- $475,000 — Annual Base Salary (For the newly appointed General Counsel, Michael P. Nazzaro.)
Key Players & Entities
- International Flavors & Fragrances Inc. (company) — Registrant
- Michael P. Nazzaro (person) — Appointed Senior Vice President, General Counsel, and Corporate Secretary
- $475,000 (dollar_amount) — Annual base salary for Michael P. Nazzaro
- June 3, 2024 (date) — Effective date of Michael P. Nazzaro's appointment
- PPG Industries (company) — Previous employer of Michael P. Nazzaro
FAQ
What is Michael P. Nazzaro's new role at International Flavors & Fragrances Inc.?
Michael P. Nazzaro has been appointed Senior Vice President, General Counsel, and Corporate Secretary.
When does Michael P. Nazzaro's appointment become effective?
The appointment is effective June 3, 2024.
What is Michael P. Nazzaro's annual base salary?
His annual base salary is $475,000.
What is Michael P. Nazzaro's previous employer?
Michael P. Nazzaro previously served as Senior Vice President and Deputy General Counsel at PPG Industries.
Is Michael P. Nazzaro eligible for other compensation beyond his base salary?
Yes, he is eligible for the company's annual incentive plan and long-term equity awards.
Filing Stats: 778 words · 3 min read · ~3 pages · Grade level 12.3 · Accepted 2024-05-30 16:15:57
Key Financial Figures
- $120,000 — icipant and the amount involved exceeds $120,000, and in which Ms. Palu-Hernndez had or
Filing Documents
- d831139d8k.htm (8-K) — 28KB
- 0001193125-24-150351.txt ( ) — 189KB
- iff-20240530.xsd (EX-101.SCH) — 3KB
- iff-20240530_def.xml (EX-101.DEF) — 14KB
- iff-20240530_lab.xml (EX-101.LAB) — 23KB
- iff-20240530_pre.xml (EX-101.PRE) — 15KB
- d831139d8k_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: May 30, 2024