J. Erik Fyrwald is the current CEO of International Flavors & Fragrances Inc. (IFF), stepping into the role in February 2024 after a notable career in the business world. Before IFF, he was the CEO of Ecolab, where he faced...

J. Erik Fyrwald is the current CEO of International Flavors & Fragrances Inc. (IFF), stepping into the role in February 2024 after a notable career in the business world. Before IFF, he was the CEO of Ecolab, where he faced ups and downs with his compensation tied to the company's performance. For example, in 2021, he earned about $8.4 million primarily due to excellent company performance, but in 2022, his total compensation dropped to $1.07 million as the company struggled to meet performance goals. Fyrwald has a strong background in the chemical and agricultural sectors, having also led Univar and Syngenta. His career reflects a focus on companies that shape industries through their products and technologies. He started his journey with Ecolab through the Nalco merger in 2011 and even served as CEO there for several years. With a degree from the University of Minnesota, Fyrwald's education laid the foundation for his business acumen. Now at 64 years old, he brings a wealth of experience to IFF, where he leads a global producer of essential ingredients for various markets like food, beverages, and personal care. His background shows a consistent commitment to performance and adaptability in a changing business landscape.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other International Flavors & Fragrances CEOs

I

J. Erik Fyrwald

CEO of International Flavors & Fragrances

Education

B.S. from the University of Minnesota

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

Born

April 1, 1962 - 63 years ago

CEO of International Flavors & Fragrances for

1 year 3 months (Feb 2024 - Present)

Previous Experience

CEO and executive director of Syngenta Group

Rivals

Competitors/colleagues of J. Erik Fyrwald

Holdings

See how much did J. Erik Fyrwald make over time.

As CEO, J. Erik Fyrwald has been involved with various companies, with a significant focus on his holdings in IFF. His previous position at Ecolab showcased peaks and valleys in wealth tied to performance, exemplified by his $8.4 million earnings...

As CEO, J. Erik Fyrwald has been involved with various companies, with a significant focus on his holdings in IFF. His previous position at Ecolab showcased peaks and valleys in wealth tied to performance, exemplified by his $8.4 million earnings in 2021 when performance metrics were met, which dropped to $1.07 million in 2022 due to performance failures. This fluctuation highlights his risk exposure in corporate ownership and the realities of tying compensation to success in leading large firms. Currently, at IFF, he's positioned to drive growth in an industry crucial for food and fragrance production, further showcasing his influence over significant equity holdings in his role.

Mar 18, 2025

B

shares

BG @ $74.71

E

shares

ECL @ $253.70

L

shares

LLY @ $822.51

Charitable Transactions

BG

26,840 shares

BG

Recent Charitable Transactions

BG

26,840 shares

BG

Dec 2, 2020

Charity

Insider Trading

See recent insider trades of J. Erik Fyrwald.

BG

$1.16K

BG at $96.44/share

Mar 2, 2023

Received

BG

$1.16K

BG at $96.50/share

Dec 2, 2022

Received

BG

$1.10K

BG at $100.05/share

Sep 2, 2022

Received

BG

$916.56

BG at $114.57/share

Jun 2, 2022

Received

BG

1,842 shares

BG

May 12, 2022

Received

BG

$751.59

BG at $107.37/share

Mar 2, 2022

Received

BG

$771.35

BG at $85.71/share

Dec 2, 2021

Received

BG

$776.15

BG at $77.62/share

Sep 2, 2021

Received

BG

$1.86K

BG at $88.77/share

Jun 2, 2021

Received

BG

$139.94K

BG at $88.40/share

May 5, 2021

Received

Compensation History

See how much did J. Erik Fyrwald make over time.

J. Erik Fyrwald's compensation has varied significantly throughout his career. At Ecolab, his pay package in 2021 peaked at $8.4 million, driven mostly by a performance bonus as he met several key targets. However, in 2022, his total earnings fell to $1.07 million because no bonuses or stock grants were paid, highlighting the company's struggle to achieve performance targets that year. The structure of his pay reflects a broader philosophy at Ecolab to tie executive compensation closely to measurable performance metrics like earnings per share. His new role at IFF offers a base salary of $1 million with a potential double that in bonuses depending on the company's performance, suggesting that he continues to operate under a similar compensation philosophy, with incentives aligned to drive growth and results.

Year

2022

Total Compensation

$1.08M

Salary

$1.08M

Board Justification

The compensation philosophy is to position base salary, annual cash incentives, and long-term equity incentives in the median range of the competitive market, adjusted for the Company’s size.

Bonus

$0.00

Board Justification

No annual cash incentive bonus payout for the CEO as performance was below threshold

Other

$0.00

Board Justification

No other compensation paid out in 2022

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock vested in 2022 as the performance metrics were not met

Performance Metrics

Performance metrics were based on adjusted EPS goals, which were not met in 2022.

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Franklin K. Clyburn, Jr.

Ex-CEO of International Flavors & Fragrances

March 2022 - February 2024