Jon Fyrwald

Chief Executive Officer, Flavors Fragrances

Search every verified Jon Fyrwald interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Erik Fyrwald, CEO of International Flavors & Fragrances (IFF), appeared on CNBC's *Mad Money* on August 6, 2024, following the company's Q2 earnings report. He discussed the company's strategy, stating that IFF had previously been "borrowing money to pay the dividends" and cutting R&D and capital expenditures. Fyrwald said the company cut the dividend to redirect cash toward investing in its three businesses—flavors, scent, and health and biosciences—and bringing more innovation. Fyrwald also highlighted consumer trends toward natural ingredients and reduced salt, noting that IFF's flavors can reduce salt by 25-30% while maintaining taste. He emphasized the importance of the company's master perfumers, recounting advice from a beauty company CEO to retain them. Host Jim Cramer characterized IFF as having "fixed the portfolio," "cleaned up the balance sheet," and achieved "good execution again" under Fyrwald's leadership.