Board of Directors

Introduction

Component content

The Board of Directors is the highest strategic management body at Givaudan.

It is responsible for setting Givaudan’s strategy and investment policy, ensuring operational, financial, and non-financial performance, managing succession planning and compensation, and overseeing ESG topics, including but not limited to internal audit, compliance, and risk management.

Composition of the Board of Directors

Calvin Grieder

Chairman
Swiss national, born in 1955
Non-executive
First elected in 2014
Chairman since 2017

Nomination and Governance Committee
Innovation Committee

Victor Balli

Swiss national, born in 1957
Non-executive
First elected in 2016

Audit Committee
Compensation Committee

Ingrid Deltenre

Dutch and Swiss national, born in 1960
Non-executive
First elected in 2015

Compensation Committee
Nomination and Governance Committee

Olivier Filliol

Swiss national, born in 1967
Non-executive
First elected in 2020

Compensation Committee
Innovation Committee

Sophie Gasperment

French national, born in 1964
Non-executive
First elected in 2020

Audit Committee
Nomination and Governance Committee

Roberto Guidetti

Italian national, born in 1963
Non-executive
First elected in 2023

Audit Committee

Tom Knutzen

Danish national, born in 1962
Non-executive
First elected in 2022

Audit Committee
Innovation Committee

Group specificities

100% independent members
7 members
5.4 years average tenure
5 nationalities represented
2 women

The Board operates through four Committees: the Audit Committee, the Nomination and Governance Committee, the Compensation Committee, and the Innovation Committee. Each committee is led by a Committee Chairman who organises, leads, and records the meetings.

Audit Committee

Victor Balli (Chair), Sophie Gasperment, Tom Knutzen, Roberto Guidetti

Assists the Board in its oversight responsibilities with respect to financial and non-financial reporting including on ESG measures
Ensures effectiveness and efficiency of internal control, risk management and compliance systems
Assesses and overviews the internal and external audit processes

Nomination and Governance Committee

Calvin Grieder (Chair), Ingrid Deltenre, Sophie Gasperment

Assists the Board in setting and reviewing principles of good corporate governance as part of its ESG requirements
Prepares appointments to the Board and the Executive Committee

Compensation Committee

Ingrid Deltenre (Chair), Victor Balli, Olivier Filliol

Reviews and recommends the compensation policies to the Board
Approves the remuneration for the Executive Committee, ensuring that the compensation strategy is aligned with the purpose goals and ambitions
Prepares the Compensation Report

Innovation Committee

Tom Knutzen (Chair), Calvin Grieder, Olivier Filliol

Assists the Board in scientific matters relating to the flavours, fragrances and cosmetics industry
Identifies opportunities, including innovation to advance sustainability and the nature pillar of the purpose ambitions, proposes and screens potential innovation partners