IFF gives activist investor seat on board

UPDATE: March 8, 2021: International Flavors & Fragrances is offering Sachem Head Managing Partner Scott Ferguson a seat on its board later this year. The position being offered to Ferguson would expand the ingredient company’s board from 13 to 14 directors. “This agreement reflects our commitment to continued shareholder engagement and long-term value creation as well as to […]

FDA OKs 'potassium salt' for ingredient labels

In recent years, FDA and USDA — both of which handle parts of food regulation — have been working to modernize to better serve today’s consumers. From the Nutrition Facts revamp to updating egg product inspection to getting rid of standards of identity for frozen cherry pie and French dressing, several changes have taken more antiquated regulations […]

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