Form 8-K · Current report
International Flavors & Fragrances 8-K, filed Nov 3, 2026
- Filed
- CIK
- 0000051253
- Accession no.
- 0001140361-26-041833
Summary
International Flavors & Fragrances' board approved one-time equity and cash transaction incentive awards for members of its executive leadership team, tied to the company's previously announced sale of its Food Ingredients business and forfeited if the deal is terminated. The board also adopted amended and restated bylaws allowing stockholder meetings to be held solely by remote communication or with remote participation.
Key points
- CEO J. Erik Fyrwald received restricted stock units with a $700,000 grant date value that vest in full on the third anniversary of the November 2, 2026 grant, subject to the transaction closing.
- CFO Michael DeVeau and Leticia Gonçalves Lourenço, President, Health & Biosciences, each received $700,000 cash awards; Yuvraj Arora, President, Taste & Chief Commercial Officer, received $350,000.
- Cash awards are payable in a lump sum three months after the closing date, provided the executive remains employed through the payment date.
- The amended and restated bylaws were approved on October 28, 2026 and took effect immediately.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
- 5.03Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
- 9.01Financial Statements and Exhibits
From the filing
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 2, 2026, the Board of Directors (the "Board") of International Flavors & Fragrances Inc. (the "Company") approved one-time equity and cash transaction incentive awards (the "Transaction Incentive Awards") for certain members of the Company's executive leadership team, including certain of the Company's named executive officers. The awards relate to the Company's previously announced sale of its Food Ingredients business (the "Transaction"), as described in the Company's Current Report on Form 8-K filed on June 1, 2026. …
An excerpt of the text as filed with the SEC, cut for length.
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