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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

July 21, 2023
(Date of Report/Date of earliest event reported)

SENSIENT TECHNOLOGIES CORPORATION
(Exact name of registrant as specified in its charter)

Wisconsin
001-07626
39-0561070
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

777 East Wisconsin Avenue
Milwaukee, Wisconsin 53202-5304
(Address and zip code of principal executive offices)

(414) 271-6755
(Registrant’s telephone number, including area code)

N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common stock, par value $0.10 per share
SXT
New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 21, 2023, E. Craig Mitchell, President, Flavors & Extracts Group of Sensient Technologies Corporation (the “Company”), notified the Company that he intends to retire from his position effective January 1, 2024. Steven B. Morris, the Company’s current General Manager, Sweet & Beverage Flavors North America, will succeed Mr. Mitchell. Mr. Morris has been with the Company for 16 years in a variety of commercial and leadership roles with increasing responsibility. Mr. Morris will assume his new role on January 1, 2024 upon Mr. Mitchell’s retirement.

A copy of the press release announcing the foregoing is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

Item 9.01
Financial Statements and Exhibits.

(d)          Exhibits. The following exhibits are filed with this Current Report on Form 8-K:

EXHIBIT INDEX

Exhibit
Number
Description
Press Release of Sensient Technologies Corporation, dated July 27, 2023.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
SENSIENT TECHNOLOGIES CORPORATION
  
     
 
By:
/s/ John J. Manning
  
       
 
Name:
John J. Manning
  
       
 
Title:
Senior Vice President, General Counsel, and Secretary
  
       
 
Date:
July 27, 2023
  


EX-99.1 2 brhc20056460_ex99-1.htm EXHIBIT 99.1
Exhibit 99.1


Sensient Technologies Corporation
777 East Wisconsin Avenue
News Release
Milwaukee, WI 53202
www.sensient.com
Contact:
Amy Agallar
(414) 347-3706

Sensient Appoints Steve Morris as President, Flavors & Extracts Group

Craig Mitchell Announces Retirement from Sensient

MILWAUKEE, WI – July 27, 2023 – Sensient Technologies Corporation (NYSE: SXT) announced today that Craig Mitchell has informed the company that he intends to retire from his position as President, Flavors & Extracts Group, effective January 1, 2024.  Sensient has appointed Steve Morris, currently the General Manager, Sweet & Beverage Flavors North America, to succeed Mr. Mitchell upon his retirement.

Steve Morris joined Sensient’s Color Group in June 2007 and served as Sales Director of Food Colors US.  He served as General Manager, Food Colors from October 2012 through August 2017, during which time his oversight progressively expanded from the US to North America, and ultimately to the Americas.  Mr. Morris has held his current role as General Manager, Sweet & Beverage Flavors North America since August 2017.  Prior to joining Sensient, Mr. Morris held various commercial leadership roles at DuPont (Solae) and operations management roles at Unilever.  Steve holds a Bachelor of Science in Chemical Engineering from Iowa State University and an MBA from Washington University’s Olin School of Business.  Mr. Morris was born and raised in Iowa and is married with three adult children.

Over the upcoming months, Mr. Mitchell and Mr. Morris will work together to ensure a smooth transition.

- MORE -


“On behalf of the Board of Directors and the Executive Team, I want to thank Craig for his exceptional contributions over the last five years,” said Paul Manning, Chairman of the Board, President, and Chief Executive Officer of Sensient Technologies Corporation. “Since joining the company in 2018, Craig has greatly strengthened the Flavors & Extracts Group and its commercial focus and helped solidify key customer relationships.  We wish him and his family all the best in his upcoming retirement.”

Mr. Manning added, “On behalf of the Board, I also want to congratulate Steve on this appointment. He has excelled in both the Flavors and Color Groups during the last 16 years. While serving in his current role, Steve has done an outstanding job transitioning the portfolio to higher value-added flavor and ingredient products and has consistently improved revenue and profit growth.  His operational, commercial, and general management experience position him well to continue driving growth across the Flavors & Extracts Group.”

About Sensient Technologies
 
Sensient Technologies Corporation is a leading global manufacturer and marketer of colors, flavors, and other specialty ingredients. Sensient uses advanced technologies and robust global supply chain capabilities to develop specialized solutions for food and beverages, as well as products that serve the pharmaceutical, nutraceutical, and personal care industries. Sensient’s customers range in size from small entrepreneurial businesses to major international manufacturers representing some of the world’s best-known brands. Sensient is headquartered in Milwaukee, Wisconsin.

www.sensient.com

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