Franklin K. Clyburn, Jr. became the CEO of International Flavors & Fragrances Inc. (IFF) in February 2022, stepping into a role that follows a notable career in the pharmaceutical industry. Before leading IFF, he was with Merck & Co., Inc.,...

Current Market Cap

$22.71B

Number of Employees

21.5K

Total Compensation

2022 - 2023

Trending down by -67.96% last year
Showing total compensation for the last 2022 - 2023

Stock

Up by 0.00% last year

Salary

Up by 13.29% last year

Bonus

Down by -99.94% last year

Other

Down by -63.10% last year

Year

2023

Total Compensation

$4.68M

Salary

$1.30M

Board Justification

The compensation philosophy aligns executive pay with company performance, focusing on long-term value creation for shareholders through a mix of fixed and variable compensation.

Bonus

$8.25K

Board Justification

The bonus is part of the Annual Incentive Plan (AIP) based on performance metrics achieved during the fiscal year 2023.

Other

$76.43K

Board Justification

Includes contributions to savings plans, auto allowances, and financial planning services.

Restricted Stock

$3.30M(35.01K RSU)

Board Justification

The RSUs granted in 2023 that vested during the year, reflecting the company's performance and retention strategy.

Performance Metrics

The performance metrics for 2023 included currency neutral sales growth, EBITDA, cash conversion cycle, and ESG goals.

SEC Filing

From March 21, 2024

Franklin K. Clyburn, Jr.

Ex-CEO of International Flavors & Fragrances

FK

Education

N/A

Field of Expertise

Business & Management

Born

January 1, 1969 - 55 years ago

Is Founder?

No

Tenure

1 year 11 months (Mar 2022 - Feb 2024)

Previous Experience

N/A

View Holdings

Insider Holdings of Franklin K. Clyburn, Jr.

IFFMRK

$2.97M

-$11.86M (-79.99%)

Last Insider Trade

RVMD

6,932 shares

RVMD

Aug 5, 2024

Received