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Robert Amen served as the CEO of International Flavors & Fragrances (IFF) from July 1, 2006, until September 30, 2009. He brought over two decades of experience from his previous role as President of International Paper Company. During his tenure...

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Robert Amen

Ex-CEO of International Flavors & Fragrances

Education

N/A

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

Born

May 21, 1953 - 72 years ago

CEO of International Flavors & Fragrances for

3 years 2 months (Jul 2006 - Sep 2009)

Previous Experience

President of International Paper Company

Rivals

Competitors/colleagues of Robert Amen

Holdings

See how much did Robert Amen make over time.

During his time as CEO, Robert Amen's stock holdings reflected fluctuations in IFF’s performance. Most notably, in late 2019, his stock value peaked at approximately $21 million, giving him a considerable stake in the company. However, after his resignation in...

Mar 17, 2025

Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Robert Amen make over time.

In 2009, Robert Amen's total compensation reached $5.9 million, primarily consisting of severance pay and benefits after he left IFF. His base salary was $750,000, but he didn't earn any bonuses or stock grants that year due to his early resignation. The previous year, he made about $6.8 million, which included vested stock options and other benefits. His compensation structure reflected performance-based incentives, with metrics tied to the company’s financial goals. This approach highlighted the importance IFF placed on linking executive pay to company results, something that became increasingly prominent during his leadership period. The severance package he negotiated emphasized how companies often provide substantial rewards to their top executives upon departure, especially when they leave under established agreements.

Year

2009

Total Compensation

$6.91M

Salary

$750.00K

Board Justification

The compensation philosophy aims to attract, retain, and motivate executives critical to the company's success, aligning their interests with those of shareholders through performance-based compensation.

Bonus

$1.00M

Board Justification

The bonus is based on the achievement of specific quantitative financial corporate goals and/or derivative business unit financial performance goals as well as non-financial strategic initiatives. For 2009, the AIP payout was 70.9% of the target incentive compensation for the year, prorated for the number of days served as an employee.

Other

$5.16M

Board Justification

This amount includes severance pay of $3,999,920, benefits of $899,984, and payment for accrued and unused vacation of $19,230, as per his separation agreement.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2009 as Mr. Amen resigned before the vesting dates of any awards.

Performance Metrics

The performance metrics for the AIP included sales growth, earnings before interest and taxes, return on investment, and working capital.

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