* Nonexecutive chairman to become CEO on March 1
* Douglas Tough to leave CEO post at Ansell Ltd
NEW YORK Feb 17 International Flavors and
Fragrances Inc (IFF.N) said on Wednesday its nonexecutive
chairman will become chief executive of the scent maker,
effective March 1.
Tough, who was widely expected to take the helm, will step
down as chief executive of Australia-based protective clothing
maker Ansell Ltd (ANN.AX), where he has served since 2004.
Tough has served as nonexecutive chairman last October
after then-Chief Executive Robert Amen abruptly left his
Prior to Ansell, Tough spent 17 years at Cadbury Schweppes,
most recently as president and CEO of DrPepper/SevenUp's North
Tough, who has also worked at Procter & Gamble Co (PG.N),
holds duel citizenship in Canada and the United States.
Shares of New York-based International Fragrances closed
Tuesday at $42. They have traded between $24.96 and $42.90 in
the past 52 weeks.
(Reporting by Ernest Scheyder, editing by Gerald E.