date:May 30, 2014
y sales growth of 4% to 6%, in line with our long-term targets; while total return to shareholders has increased by approximately 125%. Doug will be leaving IFF in excellent shape with an exceptionally strong global organization. His focus on Economic Profit helped increase the profitability of the Companys portfolio. We are grateful for his many contributions to the Company and wish him all the best for the future.
Mr. Tough added, It has been a privilege to be associated with the great people