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Quotes & Info
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| IFF > SEC Filings for IFF > Form 8-K on 1-May-2009 | All Recent SEC Filings |
1-May-2009
Change in Directors or Principal Officers
On April 28, 2009, the Compensation Committee (the "Compensation Committee") of the Board of Directors of International Flavors and Fragrances Inc. (the "Company"), with the assistance of independent compensation consultants, approved a one-time cash bonus of $100,000 as well as a grant on April 28, 2009 of 5,000 Restricted Stock Units ("RSUs") to Richard A. O'Leary for his service as Interim Chief Financial Officer. In connection with the previously-announced election of Kevin Berryman as Executive Vice President and Chief Financial Officer of the Company, on May 14, 2009 Mr. O'Leary will step down from his role as Interim Chief Financial Officer of the Company, which he has held since July 2008, and will continue to serve as Vice President, Corporate Development. The RSUs, which were granted under the Company's 2000 Stock Award and Incentive Plan, will vest on the third anniversary of the grant date.
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