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IFF names Bayer HealthCare executive as new CEO

5:34 AM MDT | May 28, 2014 | Deepti Ramesh

International Flavors & Fragrances (IFF), the leading global creator of flavors and fragrances used in consumer products, says that Doug Tough will be stepping down as CEO, effective 1 September. The company’s board of directors has selected Andreas Fibig, a senior Bayer executive and a member of IFF’s board since 2011, to succeed Tough as of that date. Tough has served as chairman of the board and CEO of IFF since March 2010, and he will continue to serve as chairman after 1 September for a period to be determined; at such time, Fibig will assume...

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