<SEC-DOCUMENT>0001140361-14-016804.txt : 20140415
<SEC-HEADER>0001140361-14-016804.hdr.sgml : 20140415
<ACCEPTANCE-DATETIME>20140415172346
ACCESSION NUMBER:		0001140361-14-016804
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20140415
DATE AS OF CHANGE:		20140415
EFFECTIVENESS DATE:		20140415

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SENSIENT TECHNOLOGIES CORP
		CENTRAL INDEX KEY:			0000310142
		STANDARD INDUSTRIAL CLASSIFICATION:	INDUSTRIAL ORGANIC CHEMICALS [2860]
		IRS NUMBER:				390561070
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07626
		FILM NUMBER:		14765859

	BUSINESS ADDRESS:	
		STREET 1:		777 EAST WISCONSIN AVENUE
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
		BUSINESS PHONE:		4142716755

	MAIL ADDRESS:	
		STREET 1:		PO BOX 737
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNIVERSAL FOODS CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>formdefa14a.htm
<DESCRIPTION>SENSIENT TECHNOLOGIES CORPORATION DEFA 14A 4-15-2014
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<div style="TEXT-ALIGN: center; FONT-SIZE: 14pt; FONT-WEIGHT: bold">UNITED STATES</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 14pt; FONT-WEIGHT: bold">SECURITIES AND EXCHANGE COMMISSION</div>

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<div style="TEXT-ALIGN: center; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 18pt; FONT-WEIGHT: bold">SCHEDULE 14A INFORMATION</div>

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<div style="TEXT-ALIGN: center; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">(Amendment No.&#160;&#160; )</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">Check the appropriate box:</div>

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<td style="TEXT-ALIGN: left; WIDTH: auto; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Definitive Proxy Statement</td>
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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 24pt; FONT-WEIGHT: bold">SENSIENT TECHNOLOGIES CORPORATION</div>

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<div style="TEXT-ALIGN: center">(Name of Registrant as Specified In Its Charter)</div>

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<div style="TEXT-ALIGN: center; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">(Name of Person(s) Filing Proxy Statement, if other than the Registrant)</div>

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<div style="TEXT-ALIGN: justify; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt"><font style="FONT-FAMILY: Wingdings; FONT-SIZE: 10pt">o</font>&#160; Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">Attached is a written transcription of the relevant portion of Sensient Technologies Corporation&#8217;s April 15, 2014 conference call to discuss its first quarter 2014 financial results related to President and Chief Executive Officer Paul Manning&#8217;s comments on the ongoing proxy contest.</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt"><font style="FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Paul Manning:</font>&#160; So as we look forward, just as another comment. As we look forward to the rest of the year, we obviously have very high hopes for the business. We have done an awful lot to improve these businesses over the last several years. I think the fruit to that labor continue to be shown in Color, in Asia Pacific, which again both delivered a very strong quarter. But clearly the difference maker in this quarter was the improvement that we were able to generate in the Flavors Group. And that is not a one-time thing.</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">And let me just say that again in the event there is any question about the quote on that one. This is not a one-time thing. The Flavor Group will continue to improve. I'm very optimistic about the future of this business. We have a lot of opportunity to improve. I'll restate that our 40% gross margin and our 20% operating margin continue to be the benchmarks that we are shooting for internally. They are very achievable. I see the path to getting there.</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">And so, to the extent I can make a very short comment about our proxy context, we have an approach that wins. This strategy wins. This strategy was implemented in the Color Group five years ago and it continues to deliver. This strategy is being implemented in the Flavor Group and it delivers. This is what is going to create the highest shareholder value in the long-term. This is not a slash and burn, lever up the company and get out quick type approach. This is value creation that is very achievable in both of our businesses.</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">And again, we've delivered before, we're going to do it again. It's based on strategy linked to innovation, up-selling products, price, mix and an element is also cost reductions. So that is the approach we're taking. I think the results demonstrate that the operations, the governance and the management quality are aligned and this is very achievable. I wish the proxy context could go away. And I suppose it could, but this was sort of sprung on me rather suddenly, two weeks after I took this position. Fair or unfair, that's how it came, and &#8211; but as most of you know, as I've talked to most of you over the last year, I am a very reasonable person and I listen to shareholders and I talk to shareholders routinely. And I knew that shareholders would want me to try to work something out here. They would want me to try to eliminate this distraction and let me focus on the business.</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">And so, for that reason, I initiated discussions with the opposition. I offered to work out a mutual candidate for our board after our April meeting. I thought that was a very reasonable, pragmatic and fair approach. I thought that was a win-win. And I think that's what this is all about. And I think shareholders would expect me to come up with a win-win.</div>

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<div style="TEXT-ALIGN: left; FONT-FAMILY: ''Times New Roman'', Times, serif; FONT-SIZE: 10pt">However, my &#8211; despite my best intentions, this offer was rejected. And so, ultimately in my opinion, I don't think this is about governance. I think this is maybe <a name="_GoBack"><!--Anchor--></a>about something else, but we will continue to perform and that's what my message is to the shareholders today.</div>

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