HIGHLIGHTS: Gilles Andrier - CEO of Givaudan

Hi, everybody. Tune in to this short version of the podcast, which we do every Friday. For the long version, tune in on Wednesdays. Hi, everyone. I'm, Nicolas Tangen, the CEO of the Norwegian sovereign wealth fund. And today, I'm in Switzerland and in really, really good company because I am at Gevaudan, the world leader in flavors and tastes, and smells and all these fantastic things which surround us. And I'm here with, Gilles Henri, who has been the CEO for twenty years. And warm welcome. Thank you. And warm welcome to Switzerland and to Gevaudan, and here in Quintal. Wonderful. And it's kind of incredible to be here at your R and D center, the center of the world's smell and taste. So, let's kick off. What does, what does Gevaudan in brief what do they do? What do you do? I can say it in different ways. You know, yeah. We make, the world taste and smell very good. You know, but we actually, we we we really thought about our our purpose a little while ago, and we wanted to expand beyond just the world of fragrances and flavors. So the way we express what we do and what we are meant to do is to make consumers happier and healthier, which gives us a broader perspective on what we could do for them beyond the taste and smell. So, Gilles, let's say now, I'm, Tom Ford. I come to you. I wanna create a new perfume. How do we attack this? So, basically, that's what's called a brief. So you're going to issue a brief. You are the product manager, the the the marketing director of Tom Ford at Estee Lauder, and you're going to issue a brief, and you're going to brief us, but alongside other fragrance houses because it's a competitive, brief, and you want to get the best out of the creativity of a broad range of perfumers. So that's how you go about it. We might actually define the brief together because I might you know, we might help you in defining the brief. What type of consumers? How does it position itself with the other, you know, perfumes that you have under the Tom Ford? Well, you might have some ideas. So it's really a we enter a codevelopment process together, through the brief, and then we have, so we have, 200 perfumers around the world. We're not going to have 200 perfumers working on the Tom Ford brief, but we are going to have the fine finance perfumers out of New York, out of Paris, out of, you know, maybe some other places. And we're going to create some ideas, and it's going to be like a funnel with the team of Tom Ford to actually select, eliminate, and they're going to do that with the other fragrance sauces. And at some point, we're going to find a few leads which with on which we're going to work together, …