Group 1: Leadership Changes - Gilles Andrier will resign as CEO of Firmenich effective March 1, 2026, after serving for 20 years [1][5] - Christian Stammkoetter, former President of Danone for Asia, Middle East, and Africa, will succeed Andrier as CEO [1][5][7] - Calvin Grieder will step down as Chairman of the Board on March 19, 2026, with plans to nominate Gilles Andrier for the position [4] Group 2: Financial Goals and Strategy - Firmenich announced its 2030 strategy aiming for an average organic sales growth of 4%-6% and free cash flow exceeding 12% [1][8] - The company previously set a 2025 strategy with similar financial targets of 4%-5% organic sales growth and at least 12% free cash flow [9] - In the first half of 2025, Firmenich reported sales of CHF 3.864 billion (approximately RMB 34.286 billion), a year-on-year increase of 6.3% [10] Group 3: Company Performance - Under Andrier's leadership, Firmenich's sales grew from CHF 2.7 billion (approximately RMB 23.958 billion) in 2004 to over CHF 7.4 billion (approximately RMB 65.662 billion) in 2024, nearly tripling [4] - The company’s employee count increased from 5,900 to 16,900 between 2004 and 2024 [4] - Firmenich's market capitalization rose from CHF 5.8 billion (approximately RMB 51.465 billion) to CHF 36.6 billion (approximately RMB 324.759 billion) during the same period [4]