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Andreas Fibig

Former Chairman & Chief Executive Officer, Flavors Fragrances

Search every verified Andreas Fibig interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Andreas Fibig, former Chairman and CEO of International Flavors & Fragrances (IFF), discussed the company's performance and strategic direction in several media appearances during 2020. In May 2020, Fibig appeared on CNBC's "Squawk on the Street" to discuss IFF's first-quarter earnings, noting that demand was thriving in flavors and ingredients for packaged foods, hand sanitizers, and detergents during the pandemic, while fragrances and cosmetics sales declined. He stated that all 110 of IFF's manufacturing facilities remained open, with safety measures including split shifts, face masks, and temperature checks. Fibig also mentioned that IFF had produced over 70 metric tons of hand sanitizer, branded "Hope 2020," distributed free to frontline healthcare workers and police departments. Fibig also discussed IFF's merger with DuPont's Nutrition & Biosciences (N&B) unit, announced in July 2020, describing it as a combination that would create a global leader in ingredients with a broad portfolio and double the R&D of competitors. He highlighted the company's ability to provide integrated solutions, such as combining flavors, texturizers, and plant-based proteins for products like plant-based burgers. Fibig had previously overseen IFF's acquisition of Frutarom in 2018, which he described as a complementary combination focused on growth. He stated that IFF's mid- to long-term growth guidance was 5 to 7 percent, expressing confidence in achieving that target.

Selected quotes

Recent appearances

  • CNBC Squawk on the Street: Andreas Fibig, CEO

    Our CEO Andreas Fibig joins "Squawk on the Street" to discuss the company's first-quarter earnings results as well as the coronavirus pandemic's impact on the company. (Recorded on May 12, 2020)

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  • International Flavors & Fragrances CEO on Q1 earnings beat, coronavirus impact

    Andreas Fibig, CEO of International Flavors & Fragrances, joins "Squawk on the Street" to discuss the company's first-quarter earnings results as well as the coronavirus pandemic's impact on the company. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2JdMwO7 » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the…

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  • International Flavors & Fragrances Inc IFF CEO Andreas Fibig on Q4 2019 Results

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  • Watch CNBC's full interview with IFF's Andreas Fibig and DuPont's Ed Breen on business merger

    The merger of International Flavors & Fragrances and DuPont’s nutrition and biosciences unit will create a company with double the research and development of any of its rivals, DuPont’s chairman said. “This creates the global leader across all the ingredients spaces. It’s the broadest portfolio by far, and we’ll have double the R&D of any other company in the industry,” DuPont Executive Chairman Ed Breen said Monday on CNBC’s “Squawk on the Street.” IFF announced the deal Sunday. Breen said two other companies were also bidding for the DuPont division. The deal is expected to take 12 to 13…

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  • International Flavors & Fragrances CEO: Frutarom Takeover | Mad Money | CNBC

    The market may seem sour, but could a company like International Flavors & Fragrances sweeten your portfolio's performance? Jim Cramer sits down with the CEO to hear the latest. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC » Watch more Mad Money here: http://bit.ly/WatchMadMoney » Read more about IFF here: https://cnb.cx/2RCCIAp "Mad Money" takes viewers inside the mind of one of Wall Street's most respected and successful money managers. Jim Cramer is your personal guide through the confusing jungle of Wall Street investing, navigating through both opportunities and pitfalls with one goal…

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  • Andreas Fibig and Ori Yehudai Announce IFF to Combine with Frutarom

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  • IFF CEO: Ingredients for Success | Mad Money | CNBC

    You may not know International Flavors & Fragrances' products, but chances are you've sniffed, sipped and savored them for years. Jim Cramer spoke to the CEO about the company’s latest innovations. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC » Watch more Mad Money here: http://bit.ly/WatchMadMoney » Read more about IFF here: http://cnb.cx/2yYU3hi "Mad Money" takes viewers inside the mind of one of Wall Street's most respected and successful money managers. Jim Cramer is your personal guide through the confusing jungle of Wall Street investing, navigating through both opportunities and pit…

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  • Andreas Fibig, CEO, IFF: How consumer tastes are changing

    Andreas Fibig, International Flavors & Fragrances CEO, discusses our quarterly earnings and how consumer tastes are changing, Wed, 9 Aug. 2017, on CNBC's Squawk Box. Visit us at http://www.iff.com

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  • International Flavors & Fragrances CEO: From Scents To Cents | Mad Money | CNBC

    Jim Cramer got a tour of IFF’s secret lab in Manhattan to determine the real smell of success. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC » Watch more Mad Money here: http://bit.ly/WatchMadMoney » Read more about IFF here: http://cnb.cx/2af0Dju "Mad Money" takes viewers inside the mind of one of Wall Street's most respected and successful money managers. Jim Cramer is your personal guide through the confusing jungle of Wall Street investing, navigating through both opportunities and pitfalls with one goal in mind -- to try to help you make money. About CNBC: From 'Wall Street' to 'Main…

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  • International Flavors & Fragrances CEO: Making Cents From Scents | Mad Money | CNBC

    The company just reported what Jim Cramer considers one of the best quarters of the year. While some may have not heard of it, they’ve surely sniffed its work » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC » Watch more Mad Money here: http://bit.ly/WatchMadMoney » Read more about IFF here: http://cnb.cx/1VSpY7h "Mad Money" takes viewers inside the mind of one of Wall Street's most respected and successful money managers. Jim Cramer is your personal guide through the confusing jungle of Wall Street investing, navigating through both opportunities and pitfalls with one goal in mind -- to try t…

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