IFF announced that Andreas Fibig, IFF’s Chairman and Chief Executive Officer, plans to retire after a 10-year tenure with the company and more than seven years as IFF’s Chairman and CEO. The Board of Directors is evaluating candidates to succeed Mr. Fibig as CEO with the support of a leading executive search firm. Mr. Fibig looks forward to continuing in his role as Chairman and CEO until a successor is named, which is expected by early 2022, and he has agreed to stay on for a period of time to support a seamless transition. At the time of his retirement, Mr. Fibig will also step down from IFF’s Board of Directors.