Novartis Board of Directors announced the appointment of Gilbert Ghostine as Chairman-designate of the new Board of Directors of Sandoz. Ghostine has served as CEO of Geneva-based Firmenich, the world’s largest privately owned perfume and taste company, since 2014. Gilbert Ghostine will become Chairman of the New Board of Directors of Sandoz, which will be…
Firmenich announced that it has entered into exclusivity with Ardian, Tikehau Capital and family shareholders to acquire Les Dérivés Résiniques et Terpéniques (“DRT”). DRT is a world leader in plant-based chemistry, mainly from pine trees, and is one of the leading suppliers globally of high quality, renewable ingredients. “I am thrilled to bring DRT’s unique…
Firmenich has been ranked by CDP as a global environmental leader, the only company in its industry to have achieved triple “A” for climate change, water security and forests for the second consecutive year. Being one of only six companies worldwide with a triple “A” listing this year out of more than 8,400 assessed, the…