Carl Icahn talking at Turning in Alpha in New York on Sept. 13, 2016.
David A. Grogan | CNBC
Icahn, founder and chairman of Icahn Enterprises, is an established activist investor. Maximum lately, Icahn took a sizeable stake in Southwest Gasoline as he pushes the Las Vegas-based software corporate to drop its acquisition of herbal fuel corporate Questar Pipeline.
One after the other on Thursday, World Flavors & Fragrances named Frank Clyburn leader govt officer efficient Feb. 14, succeeding Andreas Fibig. Clyburn joined IFF from Merck.
In overdue 2019, World Flavors & Fragrances merged with DuPont’s vitamin and biosciences unit, making a $45 billion shopper large.
IFF, which creates flavors and fragrances, works with world manufacturers to expand scents and tastes for merchandise which might be family names.
Stocks of IFF have fallen about 6% 12 months up to now after rallying 38% final 12 months.