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Press Release

Firmenich appoints Marios Broustas Senior VP Corporate Strategy and M&A

 

Diego Chantrain Named Head of Investor Relations

 

GENEVA, SWITZERLAND, JUNE 2, 2020 

To lead strategic planning and M&A Firmenich, the world’s largest privately-owned perfume and taste company, has appointed Marios Broustas as Senior Vice-President Corporate Strategy and M&A, with immediate effect. Further to the Group’s corporate bond issue, Diego Chantrain is appointed to the newly-created role of Head of Investor Relations. Both Marios and Diego will report to Eric Nicolas, Chief Operating Officer and Chief Financial Officer.

 

“Marios’ deep financial expertise has been instrumental in our 12 acquisitions over the past four years. He will continue playing a critical role in helping shape our transformational growth plans,” said Gilbert Ghostine, CEO Firmenich. “With his outstanding track record, I am confident he will continue leveraging his network, build new connections and expand our footprint.”

 

Working in close collaboration with Firmenich’s business divisions in Perfumery, Ingredients and Flavors, Marios is responsible for strategic planning and M&A worldwide. He has played a central role in the successful execution of the Group’s growth strategy, including its largest ever acquisition, DRT, as well as its first ever corporate bond issuance. Marios succeeds Jean-Philippe Lebudel, who takes over as Chief Supply Chain Officer. Prior to joining Firmenich in 2016, he held roles of increasing responsibility at Goldman Sachs, culminating in Managing Director, Investment Banking.
 

Gilbert Ghostine continued: “I am delighted to appoint Diego as our first ever Head of Investor Relations following our historic and successful bond issuance. Providing best-in-class service, he will ensure that we are a reliable and trusted partner for our investors.”

 

In his newly-created role, Diego Chantrain will lead Investors Relations, responsible for ensuring the Group is strategically positioned amongst investment analysts, while managing all communications between investors and Firmenich management. Since joining Firmenich in 2016, Diego has been a member of the strategy and M&A team, with a particular focus on Asia. Diego was previously responsible for M&A at Japan Tobacco International. He also spent three years as a Senior Analyst at McKinsey & Company.

Marios Broustas & Diego Chantrain

Marios Broustas, Senior Vice-President Corporate Strategy and M&A, Diego Chantrain, Head of Investor Relations.

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About Firmenich

 

Firmenich is the world’s largest privately-owned perfume and taste company, founded in Geneva, Switzerland, in 1895. Driven by its purpose to create positive emotions to enhance wellbeing, naturally, Firmenich has designed many of the world’s best-known perfumes and tastes, bringing delight to over four billion consumers every day. Renowned for its world-class research and creativity, as well as its leadership in sustainability, each year, Firmenich invests 10% of its turnover in R&D to understand and share the best that nature has to offer responsibly. Firmenich had an annual turnover of 3.9 billion Swiss Francs at end June 2019.

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