PRESS RELEASE

FIRMENICH APPOINTS CHRIS MILLINGTON TO HEAD FLAVOR DIVISION

Geneva, Switzerland, December 8, 2014 – Firmenich has appointed Chris Millington as President of the Flavor Division and member of the Company’s Direction Générale (DG), effective January 15th 2015. He succeeds Aldo Uva, who successfully served the Company for close to six years and has accepted a role outside the Group.



"I warmly welcome Chris to my DG team as President of the Flavor Division," says Gilbert Ghostine, CEO, Firmenich. "Since taking over the leadership of Flavors North America, Chris has transformed our position in this critical market. He delivered industry-leading growth year on year, thanks to his close partnership with our customers as well as his focus on innovation. He is a highly accomplished leader with a strong vision for the Division and track record in executing innovative business models globally," adds Ghostine. "Also I would like to sincerely thank Aldo Uva who served the Company remarkably throughout his tenure. In particular, he positioned Firmenich as a leading partner in Health and Nutrition by creating an independent business unit dedicated to our Taste Modulation platform," emphasizes Ghostine. "Aldo instilled an innovation and performance-driven culture across the Flavor Division, which Chris can capitalize on and take to the next level," concludes Ghostine.

Millington joined Firmenich in January 2012 to lead Flavors in North America. Under his leadership the Division successfully outgrew competition in that region for the last two years, thanks to innovative business models grounded in a customer-focused approach. He came to Firmenich with an extensive background of over 20 years in the Food and Beverage industry, mainly with Nestle and Kraft, marked by increasing responsibilities in commercial and leadership roles across the Americas, Europe, Asia and Australia. "I am very excited to be heading the Flavor Division," says Millington. "Building on Aldo’s strong legacy, I look forward to driving the Division towards its next level of performance," he adds.

Throughout his tenure as Head of Flavors, Uva successfully transformed the Division by setting strong foundations for growth in both Mature and High Growth markets. "It was a difficult decision for me to choose to leave Firmenich. I had the privilege of leading an outstanding team and we achieved great momentum around our vision to not only offer outstanding taste, but to also be a leader in Health and Nutrition as well as Sustainability," says Uva. "Much has been accomplished in the past six years and much more will be accomplished under the leadership of Chris, who is a leader I have always admired. I wish Gilbert, Chris and the Flavor Division all the best for the future," concluded Uva.

Firmenich is the world’s largest privately-owned company (No.2 worldwide) in the fragrance and flavor business. Founded in Geneva, Switzerland, in 1895, Firmenich has created many of the world’s best-known perfumes and flavors that billions of consumers enjoy each day. Firmenich is renowned for its creativity and innovation, as well as, its exceptional understanding of consumer trends. Each year, Firmenich invests around 10% of its turnover in R&D, reflecting its continuous commitment to leading science. Firmenich had an annual turnover of 2.95 billion Swiss Francs at end June 2014. More information about Firmenich is available at www.firmenich.com For more information, please contact: Corporate Communication, Nollaig Forrest: Nollaig.forrest@firmenich.com


FIRMENICH APPOINTS CHRIS MILLINGTON TO HEAD FLAVOR DIVISION
Taste & beyond