International Flavors & Fragrances Inc. at Barclays Global Consumer Staples Conference Transcript
Next, we are pleased to welcome back Erik Fyrwald, Chief Executive Officer of IFF. Erik, it's great to have you here. So much progress in the last year, I am excited to get started.
Questions & Answers
IFF has gone through a significant amount of change over the last two and a half years. As you look at IFF today versus when you became CEO in early 2024, what would you say is the most different about the company today and its ability to grow?
We are a lot different, Lauren. Thank you for having me. It's great to be back here. We had this discussion two and a half years ago, and a lot has changed. First of all, when I got to IFF, we had a very weak balance sheet. We were 4.5 times levered. We are now 2.5. We had missed consensus. We had missed guidance even a number of times.
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