Sundar PichaiSundar Pichai earned $164M in 2023
I

Robert Amen

Ex-CEO of International Flavors & Fragrances

Education

N/A

Field of Expertise

Business & Management

Born

May 21, 1953 - 71 years ago

Economy Sector

Basic Materials

Tenure

3 years 2 months (Jul 2006 - Sep 2009)

Previous Experience

President of International Paper Company

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...

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.