NEW YORK — International Flavors & Fragrances Inc. said Friday it has promoted James H. Dunsdon to the newly created role of chief operating officer of the company.
In his role, Dunsdon will have global responsibility for all aspects of IFF’s sales, business development, regional management and operations and will continue to report to Richard Goldstein, IFF’s chairman and chief executive officer.
“At this stage in IFF’s reinvention and given our current strategic imperatives, I am convinced that we will operate more effectively and efficiently under a traditional straight-line business structure than the current matrix, which served us well in moving to One IFF,” said Goldstein in a statement. “I can think of no better person to step into the [chief operating officer] role than Jim. IFF’s new structure also will allow me to spend more of my time building key customer relationships globally on a top-to-top basis, and pursuing potential new avenues of growth.”
Dunsdon, a longtime veteran of the fragrance and flavors industry, joined Bush Boake Allen in 1969 as a project manager, specializing in emulsion and encapsulation technologies. Over the years, Dunsdon held roles of increasing responsibility at BBA, including vice president for Europe Flavors and Fragrances and executive vice president of BBA’s global flavors and fragrances business. When IFF acquired BBA in October 2000, Dunsdon became vice president and regional manager of IFF’s North American business; his most recent role at IFF was as senior vice president of global business development, flavors and fragrances.
Helen of Troy Adds Skin Milk, TimeBlock
New York — Helen of Troy has added two mass beauty brands, Skin Milk and TimeBlock, to its skin and hair care division, Idelle Labs, formed two years ago. The company acquired the brands from Naterra International, a Dallas contract manufacturer and maker of niche skin care brands.
Together, Skin Milk, a collection of bath and body products that has experienced 30 percent retail sales growth in the last year, and TimeBlock, a line of antiaging products that launched in June, are expected to generate $15 million in sales by the end of fiscal 2006. The acquisition adds new life to Idelle Labs’ brand portfolio, currently made up of older brands such as Vitalis, Brut and Final Net.
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The addition of TimeBlock, currently sold in mass retailers, including Wal-Mart, makes the company an active player in the high-growth antiaging skin care segment. Naterra will continue to develop niche brands, and is gearing up to introduce Naterra Dry Oil Mists, six dry oils in various scents accompanied by six lotions in matching scents, said Dan Zarazan, vice president of sales and marketing for Naterra.
— Molly Prior