IFF Reports Director/Officer Changes and Compensation
Ticker: IFF · Form: 8-K · Filed: Dec 10, 2024 · CIK: 51253
Sentiment: neutral
Topics: leadership-change, officer-appointment, director-election, compensation
Related Tickers: IFF
TL;DR
IFF filed an 8-K detailing board and exec changes, plus compensation updates.
AI Summary
International Flavors & Fragrances Inc. (IFF) filed an 8-K on December 10, 2024, reporting on events that occurred on December 6, 2024. The filing pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. Specific details regarding names, dollar amounts, and precise dates of these changes are not provided in the excerpt.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in key leadership and compensation structures can introduce uncertainty and signal potential strategic shifts.
Key Numbers
- 1-4858 — Commission File Number (Identifies the company's SEC filing history.)
- 13-1432060 — IRS Number (Company's tax identification number.)
Key Players & Entities
- INTERNATIONAL FLAVORS & FRAGRANCES INC (company) — Registrant
- New York (location) — State of Incorporation
FAQ
What specific officer positions were affected by the appointments or departures?
The filing indicates appointments and departures of certain officers, but the specific positions are not detailed in the provided excerpt.
Were there any new directors elected to the board?
Yes, the filing explicitly mentions the election of directors as an event reported.
What is the date of the earliest event reported in this 8-K?
The earliest event reported is dated December 6, 2024.
What type of compensatory arrangements are being disclosed?
The filing mentions compensatory arrangements of certain officers, but the specific nature of these arrangements is not detailed in the excerpt.
Is this filing related to a departure of a director or officer?
Yes, the filing explicitly lists 'Departure of Directors or Certain Officers' as one of the items being reported.
Filing Stats: 769 words · 3 min read · ~3 pages · Grade level 12.8 · Accepted 2024-12-10 16:30:33
Key Financial Figures
- $700,000 — "Committee") approved a base salary of $700,000, an annual bonus target of 90% of Mr. D
- $2,200,000 — with a target grant date fair value of $2,200,000, with a total target value of $3,530,00
- $3,530,000 — 2,200,000, with a total target value of $3,530,000. There is no arrangement or understand
Filing Documents
- d875452d8k.htm (8-K) — 29KB
- 0001193125-24-274359.txt ( ) — 190KB
- iff-20241206.xsd (EX-101.SCH) — 3KB
- iff-20241206_def.xml (EX-101.DEF) — 14KB
- iff-20241206_lab.xml (EX-101.LAB) — 23KB
- iff-20241206_pre.xml (EX-101.PRE) — 15KB
- d875452d8k_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 A. Johnson Name: Jennifer A. Johnson Title: Executive Vice President, General Counsel and Corporate Secretary Date: December 10, 2024