Integrated Annual Report 2024

Group picture of the Executive committee (photo)

Executive Committee

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The CEO is responsible for overseeing the operational management of the Group. The CEO organizes the Executive Committee and sets the responsibilities of each Executive Committee Member. The Members of the Executive Committee are appointed by the Board of Directors on recommendation of the CEO after evaluation by the Chairman and the Governance & Nomination Committee.

Composition and responsibilities

In accordance with Article 4.3 of the Board Regulations, the responsibilities of the Executive Committee include:

  • Ensuring Group unity and cohesion
  • Managing the Group resources (including human, financial, and intellectual capital)
  • Presenting strategies to the Board of Directors for approval
  • Driving business development and achieving strategic plans
  • Presenting to the Board the consolidated results with a report on the Group business
  • Submitting to the Board of Directors the annual budget of expenditures and investments for approval
  • Communicating relevant updates appropriately to the Board of Directors
  • Organizing proper information-sharing inside and outside the Company
  • Proposing to the Board the appropriate organizational model to achieve the Group’s objectives set by the Board of Directors
  • Proposing to the Compensation Committee remuneration policies and plans
  • Ensuring compliance with law and the Code of Business Ethics
  • Pursuing leadership in sustainability and implementing the strategy and goals

As at 31 December 2024, the Executive Committee is composed of nine Members.

Dimitri de Vreeze (photo)

Dimitri de Vreeze

Chief Executive Officer (since 2023)

Emmanuel Butstraen (photo)

Emmanuel Butstraen

Business Unit President Perfumery & Beauty (since 2023)

Chief Operations Officer (since 2024)

Mieke Van de Capelle (photo)

Mieke Van de Capelle

Chief Human Resources Officer (since 2023)

Philip Eykerman (photo)

Philip Eykerman

Business Unit President Health, Nutrition & Care and Head of M&A (since 2023)

Ivo Lansbergen (photo)

Ivo Lansbergen

Business Unit President Animal Nutrition & Health (since 2023)

Patrick Niels (photo)

Patrick Niels

Business Unit President Taste, Texture & Health (since 2023)

Dr. Sarah Reisinger (photo)

Dr. Sarah Reisinger

Chief Science & Research Officer (since 2023)

Ralf Schmeitz (photo)

Ralf Schmeitz

Chief Financial Officer (since 2023)

Jane Sinclair (photo)

Jane Sinclair

Chief Legal, Risk, Regulatory and Compliance Officer (since 2023)

Dimitri de Vreeze (photo)

Dimitri de Vreeze,
Chief Executive Officer (since 2023)

Dimitri de Vreeze has held the position of CEO of dsm-firmenich since September 2023. Under his leadership, the company has made great strides to establish itself as a global leader in nutrition, health, and beauty, able to help customers deliver what consumers want, what we collectively need, and what our planet demands. Previously, he served as the former DSM’s Co-CEO from 2020, having joined the company in 1990. Starting in Finance, he took on leadership roles in various Business Units around the world before being named Young Captain of the Year in the Netherlands in 2006. He was appointed to DSM’s Managing Board in 2013 and was instrumental in setting DSM’s strategy and executing its transformation journey to a fully focused health, nutrition, and bioscience company.

He chairs the Young Captain Foundation, awarding and elevating young leadership potential, and is also the Chair of the ALV United World College Maastricht, bringing together young people from all directions of life to work together toward a peaceful and sustainable future.

Nationality & Year of Birth:
Dutch, 1967
Education:
  • Master’s in Business Economics, University of Groningen (Netherlands),
  • Master’s in Finance and Control, Maastricht University (Netherlands)
Emmanuel Butstraen (photo)

Emmanuel Butstraen,
Business Unit President Perfumery & Beauty (since 2023)
Chief Operations Officer (since 2024)

Emmanuel Butstraen was appointed President of dsm-firmenich’s Perfumery & Beauty business in July 2023. In addition, he was appointed Chief Operating Officerof dsm-firmenich in May 2024. He has played an instrumental role in bringing the formerlyseparate Perfumery and Ingredients divisions, giving clear accountability to managers, differentiating fine fragrance, and ensuring teams are laser-focused on customer typology. Previously, he served as the President of Taste & Beyond of the former Firmenich as from 2018 and drove the business’s transformation to become the global innovation partner of choice to the food and beverage industry, leading growth across the Group’s three segments: Beverages, Sweet Goods, and Savory. Creating winning solutions for customers with a focus on enhanced well-being, Emmanuel Butstraen put Firmenich’s expertise to work – making healthier choices taste great, from sugar and salt reduction to plant proteins, clean-label offerings, and functional nutrition solutions. Prior to joining Firmenich, Emmanuel Butstraen was President of Solvay’s Novecare global Business Unit, preceded by 17 years with BASF, where he served as Strategy Senior VP of the Agricultural Products division.

Nationality & Year of Birth:
French, 1968
Education:
  • Master’s in Agricultural Engineering, University of Lille (France),
  • MBA, University of Lille (France)
Mieke Van de Capelle (photo)

Mieke Van de Capelle,
Chief Human Resources Officer (since 2023)

Mieke Van de Capelle was appointed as Chief Human Resources Officer of dsm-firmenich in April 2023. Previously, she served as Chief Human Resources Officer of the former Firmenich as from 2016. At Firmenich, she was responsible for leading the Global Human Resources, Sustainability, and Corporate Communications functions, setting the company’s strategy and winning culture as a responsible business, with the additional responsibility of being the Secretary of the Governance and Compensation Committee of the Board of Directors. Under Mieke’s leadership, dsm-firmenich has successfully implemented a new operating model, values and integration of all people processes cementing our new company’s way of working as one. Also under her leadership, Firmenich became one of only seven companies worldwide to obtain the EDGE global certification for gender equality and was recognized with Ethical Corporation’s global Diversity & Inclusion Award. A seasoned leader with more than 20 years of broad consumer goods experience, Mieke Van de Capelle has worked across Europe, the US, and Asia.

Nationality & Year of Birth:
Belgian, 1974
Education:
  • Master’s in International Communication Strategy, University of Burgundy (France),
  • Master’s in Philology, Ghent University (Belgium),
  • Diplomas in Business Administration and Management and Organizational Leadership, IMD Business School (Switzerland)
Listed Company Boards:
  • Spadel, Non-Executive Director
Non-Listed Company Boards:
  • Berlenger Enterprises, Board Member
Philip Eykerman (photo)

Philip Eykerman,
Business Unit President Health, Nutrition & Care and Head of M&A (since 2023)

Philip Eykerman was appointed in April 2023 as President of the Health, Nutrition & Care (HNC) business and Head of Strategy and M&A, positions he also held at legacy DSM. In that time, he dealt with the consequences of our merger in HNC, drove the vitamin transformation program for HNC, and successfully grew HNC into a global leader in preventative health and patient care. He also led the Group’s M&A activities (ANH divestment and portfolio fine-tuning activities) in line with our Group growth strategy, further strengthening our diverse expertise and unique capabilities as innovators in nutrition, health, and beauty.

Previously, Philip served as Executive VP of Corporate Strategy & Acquisitions at the former DSM, was a partner at McKinsey & Company, and leader of McKinsey's Chemicals Practice in Benelux and France. He was a member of the Advisory Board of the Rotterdam School of Management and in 2024 was appointed Non-Executive Director of Umicore, a circular materials technology company.

Nationality & Year of Birth:
Belgian, 1968
Education:
  • Master’s in Chemical Engineering, KU Leuven (Belgium),
  • Master’s Refinery Engineering, French Petroleum Institute (France)
Listed Company Boards:
  • Umicore, Non-Executive Director
Ivo Lansbergen (photo)

Ivo Lansbergen,
Business Unit President Animal Nutrition & Health (since 2023)

Ivo Lansbergen was appointed as President of the Animal Nutrition & Health business of dsm-firmenich in April 2023. Prior to this, he worked at the former DSM as from 1997 and held several positions across the company’s various Business Units before being appointed to lead Animal Nutrition & Health in 2019. In this role, he transformed the organization, reinforcing its position as a customer-focused partner in the development of feed ingredients for the global food supply chain.

Ivo Lansbergen has strengthened dsm-firmenich’s Animal, Nutrition & Health business’s expertise and reputation as a leading provider of solutions for farm productivity and sustainability throughout the value chain, including as a pioneer in the fast-emerging area of technology-driven precision nutrition and health. He is an experienced global executive, having worked in science-based industries across Europe and Asia during his career.

Nationality & Year of Birth:
Dutch, 1973
Education:
  • Master’s in Chemical Engineering, University of Enschede (Netherlands)
Patrick Niels (photo)

Patrick Niels,
Business Unit President Taste, Texture & Health (since 2023)

Patrick Niels was appointed as President of the Taste, Texture & Health business of dsm-firmenich in May 2023. In his current role, Patrick Niels has successfully brought Taste and Ingredients Solutions under one roof and established cross-divisional collaboration. While transforming the business, he has continued to focus on performance and has succeeded in growing the two divisions above market. He started his international career in 1991 when he joined Gist-Brocades, which the former DSM subsequently acquired in 1998. He went on to hold various leadership roles across DSM, in pharmaceuticals, materials, and nutrition, including spending nine years in the US.

At DSM, he oversaw the transformation of multiple businesses, creating high-performing growth teams centered around the shift to sustainability. Patrick Niels built DSM’s Food & Beverage business, which was established by combining the company’s activities and capabilities from three former areas in 2021. Following the merger of DSM and Firmenich, his responsibilities included the integration of the full Food & Beverage activities of dsm-firmenich.

Nationality & Year of Birth:
Dutch, 1968
Education:
  • Bachelor’s in Business Administration, Nyenrode Business University (Netherlands),
  • Master’s in Business Administration, Emory University (USA)
Dr. Sarah Reisinger (photo)

Dr. Sarah Reisinger,
Chief Science & Research Officer (since 2023)

Dr. Sarah Reisinger was appointed as Chief Science & Research Officer of dsm-firmenich in April 2023. She is driving dsm-firmenich towards new frontiers of scientific excellence, building on the company's legacy of industry-leading innovation. By embracing new technology to deliver breakthrough solutions in a fast-changing world, she harnesses a multidisciplinary and global approach to research and development. She had joined the former Firmenich in 2018 as Vice President of Biotechnology & Process Engineering, before becoming that company’s Chief Research Officer in 2021.

Dr. Sarah Reisinger combines an extensive background in biotechnology with a strong track record in ingredients and technology development for the consumer goods industry. Prior to joining Firmenich, she held pivotal roles at Ginkgo Bioworks, Intrexon, and Amyris, having started her career in the field of biology and cancer therapeutics. She is also serving as Chair of EuropaBio.

Nationality & Year of Birth:
American, 1979
Education:
  • Bachelor’s in science, Biology, Harvey Mudd College (USA),
  • Master’s in Plant Biology, University of California, Berkeley (USA),
  • Ph.D. in Microbiology, University of California, Berkeley (USA)
Ralf Schmeitz (photo)

Ralf Schmeitz,
Chief Financial Officer (since 2023)

Ralf Schmeitz was appointed Chief Financial Officer (CFO) of dsm-firmenich in September 2023, marking a significant milestone in his journey with the company. He initially joined the former DSM in 2006, and his path has been marked by outstanding achievements and a track record of strong performance.

Ralf Schmeitz has played a pivotal role in propelling the transformation of the Finance function and in navigating substantial portfolio changes. Prior to his CFO role, he held the position of Head of Group Finance, overseeing Finance & Control, Treasury and Taxation. In his last role at former DSM, he held the position of Group Controller, spearheading both the Business Controlling and Accounting teams. Ralf Schmeitz began his career at PwC, laying strong foundations and building financial and strategic acumen, and then moved to Hewlett Packard, where he assumed diverse leadership responsibilities in Finance.

Nationality & Year of Birth:
Dutch, 1972
Education:
  • Master’s degree, Economics, Maastricht University (Netherlands),
  • Master’s degree Accountancy, Maastricht University (Netherlands),
  • Master’s degree in Business Valuation, Erasmus University, Rotterdam (Netherlands)
Jane Sinclair (photo)

Jane Sinclair,
Chief Legal, Risk, Regulatory and Compliance Officer (since 2023)

Jane Sinclair was appointed Chief Legal, Risk, Regulatory and Compliance Officer of dsm-firmenich in April 2023. Previously, she served as General Counsel of the former Firmenich as from 2016. She is a seasoned governance expert and General Counsel with over 40 years of experience in the healthcare and consumer sectors living and working in Europe, the United States and Asia Pacific. Known for her strategic oversight and commitment to good corporate governance, she has been instrumental in setting up the risk and compliance governance ecosystem at dsm-firmenich. She has contributed to >20 significant mergers, acquisitions and spin-offs in the consumer goods and healthcare industries, ensuring compliance, minimizing risk exposure and establishing a solid foundation for a smooth transition. She has robust expertise in risk management, product regulatory, and compliance and proven experience in stakeholder management.

Prior to joining Firmenich, Jane Sinclair worked in multiple senior roles in Europe, the US, Asia-Pacific, and Australia for Abbott, AbbVie, Genea, and The Coca-Cola Company. She is a non-executive Board member of the National Safety Council (USA).

Nationality & Year of Birth:
Australian, 1962
Education:
  • LLB in Asian Studies and Law, Australian National University (Australia),
  • MBA, Deakin University (Australia),
  • INSEAD International Directors Program

Executive Committee diversity profile

The composition of the Executive Committee in terms of gender and age is shown in the charts below.

Gender at 31 December 2024

(%)

EC diverstiy gender (pie chart)

Age at 31 December 2024

(%)

EC diverstiy age (pie chart)

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