International Seaways CEO Lois Zabrocky's 2018 pay jumps 43% to $2.4M
International Seaways reports 2018 executive compensation
By ExecPay News
Published: April 25, 2019
International Seaways reported fiscal year 2018 executive compensation information on April 25, 2019.
In 2018, five executives at International Seaways received on average a compensation package of $1.4M, a 6% decrease compared to previous year.
Average pay of disclosed executives at International Seaways
Lois Zabrocky, Chief Executive Officer, received $2.4M in total, which increased by 43% compared to 2017. 33% of Zabrocky's compensation, or $800K, was in stock awards. Zabrocky also received $568K in non-equity incentive plan, $400K in option awards, $600K in salary, as well as $37K in other compensation.
For fiscal year 2018, the median employee pay was $22,972 at International Seaways. Therefore, the ratio of Lois Zabrocky's pay to the median employee pay was 105 to one.
Jeffrey D. Pribor, Chief Financial Officer, received a compensation package of $1.8M, which decreased by 42% compared to previous year. 37% of the compensation package, or $657K, was in stock awards.
James D. Small III, Chief Administrative Officer, earned $1.4M in 2018, a 10% decrease compared to previous year.
Derek G. Solon, Vice President and Chief Commercial Officer, received $814K in 2018, which increases by 14% compared to 2017.
William F. Nugent, VP & Head of International Fleet Operations, earned $780K in 2018, a 16% increase compared to previous year.
Related executives
Lois Zabrocky
International Seaways
Chief Executive Officer
Jeffrey Pribor
International Seaways
Chief Financial Officer
James Small
International Seaways
Chief Administrative Officer
Derek Solon
International Seaways
Vice President and Chief Commercial Officer
William Nugent
International Seaways
VP & Head of International Fleet Operations
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Source: SEC filing on April 25, 2019.