IFF names activist investor Icahn-backed nominee to board
Feb 9 (Reuters) - International Flavors & Fragrances Inc said on Wednesday it had appointed consumer goods company Church & Dwight Co Inc's chief marketing officer Barry Bruno to its board as part of its cooperation agreement with activist investor Carl Icahn.
Icahn had recommended Bruno as an independent director and said he would make a strong addition to the company's board, according to a statement from IFF. CNBC reported in January the activist investor owns about 4% stake in IFF.
Shares of IFF rose 4% in extended trade.
The chemicals company had last month named Frank Clyburn, who was president of Merck & Co's human health business, as its top boss.
IFF, which supplies scents and tastes for products that are household names, closed a reverse merger with DuPont's Nutrition and BioSciences Business in February last year, a $26 billion bet on the market for plant-based meat.
The company also said on Wednesday its fourth-quarter net sales more than doubled to $3.03 billion. (Reporting by Amruta Khandekar; Editing by Krishna Chandra Eluri)
