Firmenich Appoints Chief Purchasing Officer to its Direction Generale

Firmenich has announced the appointment of Bhavesh Shah, Group Vice President, Chief Purchasing Officer to the Company’s Direction Générale. In this capacity, Shah remains fully accountable for the Group’s Purchasing organisation, while ensuring it is integrated at the highest level into the Company’s corporate strategy.

25 Jan 2013 --- “We are dedicated to delivering the greatest value to our Clients from an innovation and creation standpoint as much as from a service and cost perspective” stated Patrick Firmenich, CEO. As a Member of the Direction Générale, Bhavesh will be instrumental in strengthening the Group’s risk management, operational efficiency and innovation efforts in order to build value for both the Company and our Clients”, he added.

Bhavesh Shah notes, “Working closely with the businesses, I am committed to best positioning the Company in today’s volatile and complex marketplace in order to best mitigate risk, pursue cost-effectiveness and innovate across the value chain by partnering with our Suppliers and Clients”.

Since joining Firmenich in 2011, Shah has transformed the scope and structure of the Global Purchasing Organization to ensure stronger alliances with the business divisions and their clients as well as with the Group’s suppliers. Based in Singapore, his expertise coupled with his strong integrity will ensure that Firmenich continues to deliver leading purchasing strategies and tailored solutions to both its global and regional Clients.

Prior to joining Firmenich, Bhavesh spent 19 years with P&G where he held several key positions that include Operations, Purchasing and Executive Management.

Firmenich is the world’s largest privately owned company (No.2 worldwide) in the fragrance and flavor business. Founded in Geneva, Switzerland, in 1895, it has created many of the world’s best-known perfumes and flavors that we enjoy each day. Its passion for smell and taste is at the heart of its success. It is renowned for its creativity and innovation, as well as its exceptional understanding of consumer trends. Each year, it invests around 10% of its turnover in R&D, reflecting its continuous desire to understand, share and sublimate the best of nature’s offering. Firmenich had an annual turnover of 2.64 billion Swiss Francs at end June 2012.