Financial services

Carl Icahn owns 4% stake in International Flavors & Fragrances, sources say

Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016.

David A. Grogan | CNBC

Icahn, founder and chairman of Icahn Enterprises, is a longtime activist investor. Most recently, Icahn took a sizeable stake in Southwest Gas as he pushes the Las Vegas-based utility company to drop its acquisition of natural gas company Questar Pipeline.

Separately on Thursday, International Flavors & Fragrances named Frank Clyburn chief executive officer effective Feb. 14, succeeding Andreas Fibig. Clyburn joined IFF from Merck & Co.

In late 2019, International Flavors & Fragrances merged with DuPont’s nutrition and biosciences unit, creating a $45 billion consumer giant.


Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.