Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - SENSIENT TECHNOLOGIES CORP | c59225e8vk.htm |
| EX-10.1 - EX-10.1 - SENSIENT TECHNOLOGIES CORP | c59225exv10w1.htm |
Exhibit 99.1
FOR IMMEDIATE RELEASE
| Contact: | Dick Hobbs (414) 347-3836 |
Sensient Technologies Corporation Announces Officer Elections
MILWAUKEE—July 22, 2010—Sensient Technologies Corporation (NYSE: SXT) announced
today that Douglas S. Pepper has been elected to the position of President and Chief Operating
Officer. Mr. Pepper joined Sensient in December 2005, as Chief Financial Officer of the Sensient
Color Group and most recently served as Sensient’s Vice President, Administration. Mr. Pepper is a
CPA with over 30 years of experience in management and finance. He is assuming the position
previously held by Neil Cracknell following Mr. Cracknell’s departure from the Company.
The Company also announced that its Board of Directors has amended its employment agreement
with its Chairman and CEO, Mr. Kenneth P. Manning. Under the amended agreement, Mr. Manning has
agreed to serve as Chairman and CEO until January 1 of 2013. After that time, Mr. Manning intends
to serve as a non-employee Chairman of the Board until January 1, 2015. The previous employment
agreement called for Mr. Manning to serve as Chairman of the Board and Chief Executive Officer
until December 31, 2011, and as non-employee Chairman for two additional years.
Sensient also announced the following officer elections within Sensient’s executive
leadership. Stephen J. Rolfs has been elected to the position of Vice President, Administration.
James P. McCarthy and Paul Manning have been elected to the positions of President, Flavors and
Fragrances Group and President, Color Group, respectively.
- MORE -
| Sensient Technologies Corporation | Page 2 | |
| News Release | ||
| July 22, 2010 |
Jeffrey T. Makal has been elected to the position of Vice President, Controller and Chief
Accounting Officer. Christopher M. Daniels has been elected to the position of Vice President,
Human Resources.
“Each of these individuals has played an important role in the Company’s ongoing success,”
said Kenneth P. Manning, Chairman and CEO of Sensient Technologies Corporation. “These internal
promotions will greatly strengthen the Company’s leadership and will allow us to execute the
Company’s strategies for growth.”
ABOUT SENSIENT TECHNOLOGIES
Sensient Technologies Corporation is a leading global manufacturer and marketer of colors,
flavors and fragrances. Sensient employs advanced technologies at facilities around the world to
develop specialty food and beverage systems, cosmetic and pharmaceutical systems, inkjet and
specialty inks and colors, and other specialty chemicals. The company’s customers include major
international manufacturers representing most of the world’s best-known brands. Sensient is
headquartered in Milwaukee, Wisconsin.
www.sensient.com
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