World Fuel Services CFO Ira Birns receives $1.4M in 2007
World Fuel Services reports 2007 executive compensation
By ExecPay News
Published: April 29, 2008
World Fuel Services reported fiscal year 2007 executive compensation information on April 29, 2008.
In 2007, five executives at World Fuel Services received on average a compensation package of $690K, a 68% decrease compared to previous year.
Average pay of disclosed executives at World Fuel Services
Ira M. Birns, Chief Financial Officer, received $1.4M in total. 53% of Birns' compensation, or $727K, was in stock awards. Birns also received $100K in bonus, $110K in option awards, $301K in salary, as well as $134K in other compensation.
Michael J. Kasbar, Chief Operating Officer, received a compensation package of $616K, which decreased by 84% compared to previous year. 93% of the compensation package, or $575K, was in salary.
Paul H. Stebbins, Chief Executive Officer, earned $607K in 2007, a 84% decrease compared to previous year.
Michael S. Clementi, Aviation Segment President, World Fuel Services, Inc, received $510K in 2007, which decreases by 74% compared to 2006.
Francis X. Shea, Executive Vice President and Chief Risk and Administrative Officer, earned $344K in 2007, a 71% decrease compared to previous year.
Related executives
Paul Stebbins
World Fuel Services
Chief Executive Officer
Michael Kasbar
World Fuel Services
Chief Executive Officer
Ira Birns
World Fuel Services
Chief Financial 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
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Source: SEC filing on April 29, 2008.