IFF Announces Continuation of Cooperation Agreement with Icahn Capital
IFF (NYSE: IFF) today announced the continuation of the cooperation agreement with Icahn Capital LP and its affiliates. Icahn Capital and IFF have agreed to renominate one Icahn director and one mutually agreed director to the IFF board for the 2024 proxy season.
“The Icahn Group’s relationship with IFF has brought relevant market experience to and enhanced the financial expertise of the IFF Board. We are pleased to continue to benefit from their expertise as we execute our growth and transformation plan to drive increased shareholder value,” said Roger Ferguson, chairman of IFF’s Board of Directors.
“I believe the IFF Board and management team are poised to capture further value for shareholders as they continue on their strategic transformation to optimize the portfolio,” said Carl Icahn, CEO of Icahn Capital.
Welcome to IFF
At IFF (NYSE: IFF), an industry leader in food, beverage, scent, health and biosciences, science and creativity meet to create essential solutions for a better world – from global icons to unexpected innovations and experiences. With the beauty of art and the precision of science, we are an international collective of thinkers who partners with customers to bring scents, tastes, experiences, ingredients and solutions for products the world craves. Together, we will do more good for people and planet.Learn more at iff.com, Twitter , Facebook, Instagram, and LinkedIn.
© 2023 by International Flavors & Fragrances Inc. IFF is a Registered Trademark. All Rights Reserved.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Blood Cancer: AOP Health Announces New Findings in Patients With Polycythemia Vera to Be Presented at the American Society of Hematology (ASH) 65 th Annual Meeting7.12.2023 16:57:00 CET | Press release
AOP Orphan Pharmaceuticals GmbH (AOP Health), Vienna, Austria, announced the results of an analysis assessing the impact of an individually optimized dosing regimen of ropeginterferon alfa-2b on treatment response in patients with low-risk polycythaemia vera (PV)1 These new data show that some low-risk PV patients require and can tolerate high ropeginterferon alfa-2b doses, and that the optimal dose varies substantially between patients. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231207901630/en/ Professor Heinz Gisslinger, MedUni Vienna/Austria (Fotocredit: IntMedCom) The first author of the abstract, Professor Heinz Gisslinger from the Medical University of Vienna/Austria, and his research team conducted the present analysis in the cohort of low-risk PV patients from the large trial PROUD-PV and its extension CONTINUATION-PV. The goal was to examine the impact of various baseline characteristics such as body mass index
O-RAN ALLIANCE Advances Technology Readiness Globally Through Fall 2023 PlugFest7.12.2023 16:37:00 CET | Press release
The O-RAN ALLIANCE, fulfilling its mission to transform Radio Access Networks to be open, intelligent, virtualized and fully interoperable, today announced the successful completion of the O-RAN ALLIANCE Global PlugFest Fall 2023. O-RAN Global PlugFests are periodic events organized and co-sponsored by O-RAN ALLIANCE to enable efficient progress of the O-RAN ecosystem through well-organized testing and integration. Vendors and providers come together to test, evaluate and verify their products and solutions. The O-RAN Global PlugFest Fall 2023 carried out critical testing and validation of O-RAN technologies to support and encourage ongoing adoption by the industry. The tests provided participants validation of O-RAN equipment conformance, performance and interoperability; tackled issues to overcome hurdles to wider technology adoption; and facilitated exploration of new features, scenarios and applications. Of note, two labs conducted field trials of O-RAN equipment, one in a rural en
GamesBeat and Xsolla Announce Global 2024 Tour Bringing Gaming Industry Insights and Diversity Initiatives to Cities Worldwide7.12.2023 16:00:00 CET | Press release
Xsolla, a global video game commerce company, is excited to announce its partnership with VentureBeat and GamesBeat, a premier source for tech news and events, for its upcoming 2024 Global Tour. The Global 2024 Tour brings an exciting series of events to cities worldwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231207599474/en/ (Graphic: Business Wire) This collaboration between Xsolla, and GamesBeat, marks a significant milestone in the gaming industry. The tour is set to kick off in Austin, Texas, at the renowned SXSW festival, showcasing a commitment to connecting industry leaders and enthusiasts from around the globe. The 2024 Global Tour promises to be a melting pot of ideas, featuring prominent figures from the gaming and tech industries. As the tour progresses, it will extend across four more locations including various cities in Europe and APAC, offering a dynamic platform for networking, knowledge sharing, an
Largest CSP project in the world inaugurated in Dubai7.12.2023 15:23:00 CET | Press release
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated the largest concentrated solar power (CSP) project in the world, within the 4th phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231207309506/en/ Largest CSP project in the world inaugurated in Dubai (Photo: AETOSWire) His Highness Sheikh Mohammed bin Rashid Al Maktoum said: “The UAE has a clear vision to transform itself into one of the world's most sustainable nations. Our journey towards sustainability is comprehensive, encompassing advanced clean energy projects across diverse renewable sources, and innovative solutions integrated into various spheres of the economy and society. The Mohammed bin Rashid Al Maktoum Solar Park is at the heart of Dubai and the UAE’s commitment to create a world-class infrastructure for sustainabilit
4th Cycle of the Mohammed bin Rashid Al Maktoum Global Water Award Launched7.12.2023 15:19:00 CET | Press release
HE Saeed Mohammed Al Tayer, Chairman of the Board of Trustees of the UAE Water Aid Foundation (Suqia UAE), has launched the 4th cycle of the Mohammed bin Rashid Al Maktoum Global Water Award. With total prizes of USD 1 million, the Award aims to recognise organisations, research centres, and innovators who develop innovative technologies and prototypes to produce, distribute, desalinate, and purify water using renewable energy. The aim is to find solutions to the water scarcity challenge facing underprivileged and afflicted communities around the world. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231207407942/en/ 4th cycle of the Mohammed bin Rashid Al Maktoum Global Water Award launched - (Photo AETOSWire) In his speech during an event held by Suqia UAE at Dubai Electricity and Water Authority (DEWA)’s stand at COP28. Al Tayer said that the Award enhances the UAE’s efforts in global humanitarian work by encouraging and r