World Fuel Services COO Michael Kasbar receives $3.8M in 2006
World Fuel Services reports 2006 executive compensation
By ExecPay News
Published: April 30, 2007
World Fuel Services reported fiscal year 2006 executive compensation information on April 30, 2007.
In 2006, six executives at World Fuel Services received on average a compensation package of $2.2M.
Average pay of disclosed executives at World Fuel Services
Michael J. Kasbar, Chief Operating Officer, received $3.8M in total. 38% of Kasbar's compensation, or $1.4M, was in option awards. Kasbar also received $11K of change in pension value and nonqualified deferred compensation earnings, $1.3M in non-equity incentive plan, $575K in salary, $440K in stock awards, as well as $44K in other compensation.
Paul H. Stebbins, Chief Executive Officer, received a compensation package of $3.8M. 38% of the compensation package, or $1.4M, was in option awards.
Michael S. Clementi, Aviation Segment President, World Fuel Services, Inc, earned $2M in 2006.
Robert S. Tocci, Chief Financial Officer, received $1.9M in 2006.
Francis X. Shea, Executive Vice President and Chief Risk and Administrative Officer, earned $1.2M in 2006.
Paul M. Nobel, Chief Accounting Officer, received $352K in 2006.
Related executives
Paul Stebbins
World Fuel Services
Chief Executive Officer
Michael Kasbar
World Fuel Services
Chief Executive Officer
Michael Clementi
World Fuel Services
Aviation Segment President, World Fuel Services, Inc
Francis Shea
World Fuel Services
Executive Vice President and Chief Risk Administrative Officer
Paul Nobel
World Fuel Services
Chief Accounting Officer
Robert Tocci
World Fuel Services
Chief Financial Officer
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Source: SEC filing on April 30, 2007.