J. Erik Fyrwald is the current CEO of International Flavors & Fragrances Inc. (IFF), stepping into the role in February 2024 after a notable career in the business world. Before IFF, he was the CEO of Ecolab, where he faced...

Current Market Cap

$22.71B

Number of Employees

21.5K

Total Compensation

2018 - 2022

Trending up by 451.88% last year
Showing total compensation for the last 2018 - 2022

Stock

Up by 0.00% last year

Salary

Down by -11.73% last year

Bonus

Up by 542.35% last year

Other

Down by -51.70% last year

Year

2022

Total Compensation

$20.94M

Salary

$1.15M

Board Justification

The compensation philosophy emphasizes alignment with company performance, competitive benchmarking, and retention strategies to attract and retain top executive talent.

Bonus

$13.27M

Board Justification

The bonus is based on the annual incentive plan (AIP) with a target of 150% of base salary, reflecting performance against established metrics for 2022.

Other

$207.10K

Board Justification

Other compensation includes contributions to savings plans, auto allowances, and financial planning services.

Restricted Stock

$6.32M(60 RSU)

Board Justification

The stock awards that vested in 2022 include performance share units (PSUs) and restricted stock units (RSUs) as part of the long-term incentive plan (LTIP) for the 2022-2024 cycle, contingent on performance metrics being met.

Performance Metrics

Performance metrics for 2022 included financial targets related to annual incentive compensation and long-term incentive performance measures.

SEC Filing

From March 23, 2023

J. Erik Fyrwald

CEO of International Flavors & Fragrances

I

Education

B.S. from the University of Minnesota

Field of Expertise

Business & Management

Born

April 1, 1962 - 62 years ago

Is Founder?

No

Current Tenure

0 years 9 months (Feb 2024 - Present)

Previous Experience

CEO and executive director of Syngenta Group

View Holdings

Insider Holdings of J. Erik Fyrwald

BGECLLLY

$98.86M

-$30.75M (-23.73%)

Last Insider Trade

LLY

$9.86K

LLY at $579.76/share

Dec 18, 2023

Received