Robert M. Amen, born in 1945, is a finance expert with a Bachelor's degree from the University of Massachusetts Amherst. He served as the President and CEO of International Paper Company, a major player in the paper and packaging industry,...
Robert M. Amen, born in 1945, is a finance expert with a Bachelor's degree from the University of Massachusetts Amherst. He served as the President and CEO of International Paper Company, a major player in the paper and packaging industry, from 2005 until his retirement in 2006. During his tenure, Amen was part of significant restructuring and retirement agreements that shaped the company’s future. His compensation package in 2005 totaled about $1.5 million, with notable parts including a salary of $804,812 and a performance-based bonus of $616,500. Interestingly, Amen had a remarkable level of insider trading activity; his stock value fluctuated significantly, peaking at $6.49 million in May 2021 before settling lower in the following years. Also, he was known for his strategic decisions within the company, focusing on aligning employee interests with shareholder goals. After stepping down, he took part in various transitions at International Paper, ensuring a smooth leadership change.