Glenn Richter, IFF’s Successful CFO Plans Retirement as the Company Continues Growth

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.

Erik Fyrwald, IFF CEO, praised Richter’s contributions during his time at the company. Richter has played a crucial role in enhancing IFF’s balance sheet and setting it up for financial success. Fyrwald acknowledged Richter’s leadership in portfolio optimization, strategy development, and shared services agenda that have positioned IFF for long-term profitable growth. The Board and Fyrwald expressed 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 as the company’s global finance leader 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.

At IFF, a global leader in food, beverage, health, biosciences