IFF has announced that its chief financial and business transformation officer, Glenn Richter, will retire on 31 December 2024, following a three-year tenure with the company.
IFF has initiated the process of selecting a successor for the CFO position, considering both internal and external candidates.
Richter joined IFF in 2021 as head of global finance. Prior to IFF, he also held various senior positions at PepsiCo subsidiary Frito-Lay between 1989 and 1996.
Erik Fyrwald, IFF’s CEO, commented: “During his time at IFF, Glenn has driven multiple actions to improve our balance sheet and position the company for financial success. We have benefited from his experience and commitment to transformation. Notably, the work he has led on portfolio optimisation, strategy development and our shared services agenda have positioned IFF to drive long-term profitable market share growth.”
“The board and I are grateful for all Glenn has helped IFF accomplish, and we appreciate his ongoing leadership of the finance function and support in identifying his successor and ensuring a smooth transition.”
By Rafaela Sousa
Source: foodbev.com
Barry Callebaut has named Natasha Chen president of its North American division, effective Sept. 16. She will succeed Ben De Schryver, who will leave Barry Callebaut to “pursue other opportunities,” the company said. In her new role, Chen will manage the company’s North American business in the United States, Mexico and Canada.
Global snacking company Pladis has opened a new headquarters in Jeddah, Saudi Arabia. The site marks a milestone in Pladis’ strategic growth and expansion in the Middle East, North Africa and India (MENAI) region.
Located in the Zahran Business Center in Jeddah, the new office is equipped with new technology and was designed with a focus on sustainability.
Ferrero has announced the official European launch of a plant-based version of its iconic global hazelnut spread, Nutella. Beginning its roll-out with select European markets in autumn 2024, the new plant-based Nutella will soon be available to consumers in local supermarkets in a 350g jar.
