FIRMENICH APPOINTS BOET BRINKGREVE, CHIEF SUPPLY CHAIN OFFICER

Olegario Monegal Named President, China

Geneva, Switzerland, February 14, 2017 – To accelerate operational excellence and deliver best-in-class customer service, Firmenich has appointed Boet Brinkgreve to the newly-created role of Chief Supply Chain Officer, effective July 1st, 2017. He will continue to report directly to Firmenich CEO, Gilbert Ghostine as a member of the Company’s Executive Committee. Also effective July 1st, Olegario Monegal, currently Vice President, Creation, Development & Innovation, Perfumery, will step into the role of President, Firmenich China, succeeding Boet Brinkgreve.

Gilbert Ghostine, CEO Firmenich said: “Boet will play a critical role in driving a new era of excellence in Supply Chain for Firmenich. He will focus on ensuring we are the reliable partner of choice for all our customers, by taking our commitment to best-in-class service, safety and competitiveness to the next level.”

He continued: “I am also delighted to appoint Olegario as President of Firmenich China to lead our growth in this strategic market. Building on Olegario’s outstanding track record with Firmenich over the last 20 years, I am confident that he will accelerate our success in creating winning solutions for our customers and their consumers across China.”

Having successfully led Firmenich’s Ingredients business globally since 2012 and the Group’s growth in China since 2015, Boet Brinkgreve is well positioned to drive the Company’s integrated Supply Chain organization. In this capacity, he will oversee the Group’s operations, spanning 28 manufacturing facilities across Perfumery, Flavors and Ingredients.

“I am very proud to be leading this new chapter in Firmenich’s Supply Chain organization,” says Boet Brinkgreve. “I look forward to working hand-in-hand with our business leaders to set a new standard in operational excellence for our customers around the world.”

Olegario Monegal will report directly into Armand de Villoutreys, President of Perfumery & Ingredients, an Executive Committee member, to ensure the Group unlocks the full potential of China.

“Firmenich has been investing consistently over the last 25 years in China, cutting across leading Research, Creativity, Commercial and Production facilities and expertise,” said Olegario Monegal. “Building on this legacy and success to date, I look forward to continue mobilizing the breadth and depth of our expertise to best serve our customers across China with innovative and locally-relevant solutions.”

 

About Firmenich

Firmenich is the world’s largest privately-owned company in the fragrance and flavor business. Founded in Geneva, Switzerland, in 1895, it has created many of the world’s best-known perfumes and flavors that billions of consumers enjoy each day. Its passion for smell and taste is at the heart of its success. It is renowned for its world-class research and creativity, as well as its thought leadership in sustainability and exceptional understanding of consumer trends. Each year, it invests 10% of its turnover in R&D, reflecting its continuous desire to understand, share and sublimate the best that nature has to offer. Firmenich had an annual turnover of 3.2 billion Swiss Francs at end June 2016.