Derek G. Solon
2018
In 2018, Derek G. Solon earned a total compensation of $814.1K as Vice President and Chief Commercial Officer at International Seaways, a 14% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $206,257 |
|---|---|
| Option Awards | $95,153 |
| Salary | $285,475 |
| Stock Awards | $190,317 |
| Other | $36,899 |
| Total | $814,101 |
Solon received $285.5K in salary, accounting for 35% of the total pay in 2018.
Solon also received $206.3K in non-equity incentive plan, $95.2K in option awards, $190.3K in stock awards and $36.9K in other compensation.
Rankings
In 2018, Derek G. Solon's compensation ranked 10,134th out of 14,244 executives tracked by ExecPay. In other words, Solon earned more than 28.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 10,134 out of 14,244 | 29th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 752 out of 918 | 18th |
Major group Water Transportation | 44 out of 52 | 15th |
Pay ratio
| Derek G. Solon's Pay | $814,101 |
|---|---|
| Median Employee's Pay | $22,972 |
| Pay Ratio | 35to 1 |
In 2018, the annual total compensation of Derek G. Solon was $814,101.
The annual total compensation of the median employee at International Seaways was $22,972.
The ratio of Derek G. Solon's pay to the pay of median employee was therefore 35 to one.
Source: SEC filing on April 25, 2019.
Solon's colleagues
We found four more compensation records of executives who worked with Derek G. Solon at International Seaways in 2018.