IFF (NYSE: IFF) announced today that Glenn Richter, the company’s Chief Financial and Business Transformation Officer, is planning to retire on December 31, 2024 after three years with the company. A succession process has begun to identify potential internal and external candidates to replace Richter as CFO.
Richter has made significant contributions during his time at IFF, enhancing the company’s balance sheet and setting it up for financial success. He has been instrumental in portfolio optimization, strategy development, and shared services agenda that have positioned IFF for long-term profitable growth. The Board and CEO express their gratitude for Richter’s contributions and leadership, as well as his assistance in finding his successor and ensuring a seamless transition.
Richter joined IFF in 2021, leading global finance after holding senior roles at TIAA, including CFO, and Chief Operating Officer of Nuveen Investments. He also has experience in leadership positions at Sears Roebuck, Dade Behring, PepsiCo, and McKinsey & Company.
IFF is a global leader in food, beverage, health, biosciences, and scent. The company combines science and creativity to develop essential solutions for a better world. With a focus on sustainability and innovation, IFF collaborates with customers to create products that satisfy global demands. Through the intersection of art and science