NEW YORK — IFF has promoted Michael DeVeau from senior vice president, corporate finance and investor relations to executive vice president and chief financial officer, effective Jan. 1. DeVeau succeeds Glenn Richter, IFF’s current CFO and business transformation officer, who is retiring at the end of the year.

“Mike is a trusted, experienced executive at IFF and has been a pivotal leader across our company’s global finance functions over the last 15 years,” said Erik Fyrwald, chief executive officer of IFF.

DeVeau has been with IFF since 2009, when he joined the company as head of investor relations.

DeVeau has held several leadership positions throughout his tenure with IFF, including head of global pricing, revenue and margin management in the flavors division; head of investor relations and corporate communications and chief of staff; chief strategy, investor relations and communications officer and chief of staff; divisional CFO; and currently is senior vice president corporate finance and investor relations.

Before IFF, DeVeau was with PepsiCo, Inc. for approximately three years, holding several positions in financial planning, investor relations as well as mergers and acquisitions.