CompBrief BY VELARION

Companies World Kinect Corp

World Kinect (INT): executive pay, fiscal 2025

Free brief. Every figure links to the company’s own filing.

Velarion Intel: free for 3 days, no card →

Email me World Kinect Corp’s executive pay brief as a PDF

You get it on this page the moment you ask; press Download and a copy goes to your email too. Every figure is cited to its filing.

After the PDF, up to three short notes on the deeper reports for this company. Reply “unsubscribe” to any of them, any time.

Also free: The Pay Desk, the weekly executive pay briefing.
CEO total pay$3,359,625Former CEO Ira Birns · source
CEO vs. named peers1st pct.Of 18 peer CEOs

CEO pay, last three years

  • $2,823,311FY2023
  • $2,774,784FY2024
  • $3,359,625FY2025

CEO total pay was $3,359,625 in fiscal 2025, up from $2,774,784 in fiscal 2024.

FY2025: salary $700,000 · bonus $0 · stock awards $2,250,038 · option awards $0

Frequently asked questions

Who was the highest-paid executive at World Kinect Corp in fiscal 2025?
As disclosed, Michael Kasbar (Executive Chairman) was the highest-paid executive at World Kinect Corp in fiscal 2025, with total compensation of $6,430,180.
How does World Kinect Corp's chief executive pay compare to its disclosed peer group?
As disclosed, Ira Birns's total compensation ranked at the 1st percentile of World Kinect Corp's disclosed peer group.
How much does World Kinect Corp spend in total on board compensation for fiscal 2025?
As disclosed, World Kinect Corp reported total board compensation of $3,076,891 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Michael Kasbar$1,000,000$0$4,500,022$0$867,409$6,091$56,658$6,430,180
Executive Chairman
Ira Birns700,00002,250,0380371,747037,8413,359,625
Chief Executive Officer
John Rau700,00002,250,0380371,747030,4403,352,224
President
Mike Tejada473,438315,000525,01400054,0731,367,525
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Michael Kasbar$6,430,180$6,704,733$6,802,243↓ −274,553
Ira Birns3,359,6252,774,7842,823,311↑ +584,841
John Rau3,352,2242,770,5452,820,431↑ +581,679
Mike Tejada1,367,525———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation programs are designed to attract, motivate and retain exceptional management talent, focus on rewarding performance that increases shareholder value, link executive compensation to long-term strategic objectives, and align executives' interests with those of our shareholders.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantCompensation Strategies, Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Michael KasbarPSU2025-03-1538,62796,567—193,134$2,700,013
Michael KasbarRSU2025-03-15——64,378—1,800,009
John RauPSU2025-03-1513,30533,262—66,524930,006
John RauRSU2025-03-15——22,175—620,013
John RauPSU2025-06-05—25,446——700,019
Ira BirnsPSU2025-03-1513,30533,262—66,524930,006
Ira BirnsRSU2025-03-15——22,175—620,013
Ira BirnsPSU2025-06-05—25,446——700,019
Mike TejadaPSU2025-05-108402,100—4,20056,259
Mike TejadaRSU2025-05-10——6,299—168,750
Mike TejadaPSU2025-10-24—11,253——300,005

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Michael Kasbar$1,800,009$2,700,013$060.0%
John Rau620,0131,630,025072.4%
Ira Birns620,0131,630,025072.4%
Mike Tejada168,750356,264067.9%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Mike TejadaPSU1,050—$24,602
Mike TejadaPSU1,141—26,722
Mike TejadaRSU1,388—32,521
Mike TejadaRSU2,100—49,203
Mike TejadaRSU2,281—53,444
Mike TejadaRSU4,413—103,397
Mike TejadaRSU5,131—120,219
Mike TejadaRSU6,299—147,586
Ira BirnsRSU8,622—202,013
John RauRSU8,622—202,013
Mike TejadaRSU11,253—263,658
Mike TejadaPSU11,253—263,658
Ira BirnsRSU15,628—366,164
John RauRSU15,628—366,164
Ira BirnsPSU16,631—389,664
John RauPSU16,631—389,664
Ira BirnsPSU17,581—411,911
John RauPSU17,581—411,911
Ira BirnsRSU22,175—519,560
John RauRSU22,175—519,560
Michael KasbarRSU25,032—586,500
Ira BirnsRSU25,446—596,200
Ira BirnsPSU25,446—596,200
John RauRSU25,446—596,200
John RauPSU25,446—596,200
Ira BirnsRSU33,262—779,329
John RauRSU33,262—779,329
Ira BirnsRSU35,161—823,822
John RauRSU35,161—823,822
Michael KasbarRSU45,369—1,062,996
Michael KasbarPSU48,284—1,131,282
Michael KasbarPSU51,040—1,195,867
Michael KasbarRSU64,378—1,508,377
Michael KasbarRSU96,567—2,262,565
Michael KasbarRSU102,080—2,391,734
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Ken BakshiIndependent · Compensation (Chair) · Governance · Nominating Subcommittee (Chair)$175,000$205,005———$380,005
Jorge L. BenitezIndependent · Lead Independent Director · Audit · Governance · Nominating Subcommittee180,389195,018———375,407
John L. ManleyIndependent · Audit (Chair) · Governance · Nominating Subcommittee162,500200,025———362,525
Stephen K. RoddenberryIndependent · Compensation · Governance · Not standing for re-election147,111195,018———342,130
Sharda CherwooIndependent · Audit · Governance145,000195,018———340,018
Richard A. KassarIndependent · Audit · Compensation · Governance · Not standing for re-election132,500185,005———317,505
Jeffrey M. KottkampIndependent · Audit · Governance77,472205,684———283,156
Paul H. StebbinsNot independent · FOR107,500175,019———282,519
Greg PiperIndependent · Compensation · Governance50,269162,058———212,327
Andrea SmithIndependent · Compensation · Governance20,699113,545———134,244
Jill B. SmartIndependent · Newly elected47,0560———47,056

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$175,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)35,000 / 30,000 / 20,000
Stock ownership guidelineRobust Stock Ownership Guidelines

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,245,496
Equity awards (grant-date value)$1,831,395
All other compensation$0
Total cost of the board$3,076,891

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names World Kinect as a peer

Companies that benchmark against INT

No companies currently name INT as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Hess Corporation2024John Hess$1,575,000$12,075,036$0$4,358,700$18,036,267
2Sysco Corporation2026Kevin Hourican1,435,53810,391,7592,579,9862,905,60217,899,369
3HF Sinclair Corporation2025Timothy Go1,204,6159,977,38202,668,96814,278,553
4XPO Logistics, Inc.2025Mario Harik872,1989,876,76001,236,90612,001,545
5W.W. Grainger, Inc.2025D.G. Macpherson1,176,3708,451,81901,653,07511,609,508
6United Natural Foods, Inc.2026Sandy Douglas1,123,0778,016,52102,133,35911,295,207
7C. H. Robinson Worldwide, Inc.2025David Bozeman1,100,9626,984,38302,879,61811,045,949
8Ryder System, Inc.2025Robert Sanchez1,100,0017,159,49501,675,89410,178,386
9Expand Energy Corporation2025Domenic Dell'Osso947,3468,890,444——9,879,106
10Expeditors International of Washington, Inc.2025Daniel Wall100,0005,940,13403,600,7299,643,863
11J.B. Hunt Transport Services, Inc.2025Shelley Simpson961,3856,927,52901,067,4219,004,371
12Range Resources Corporation2025Dennis Degner932,5006,143,87701,128,0008,375,421
13PBF Energy Inc.2025Matthew Lucey1,250,0005,767,000007,887,020
14Delek US Holdings, Inc.2025Avigal Soreq900,0004,832,19501,895,5447,683,786
15Performance Food Group Company2026Scott McPherson880,3854,250,19101,933,2187,129,941
16Kirby Corporation2025David Grzebinski1,091,7542,250,12703,349,2556,735,134
17Landstar System, Inc.2025Frank Lonegro800,0003,473,0490210,0004,574,887
18Hub Group, Inc.2024Phillip Yeager850,0002,400,342—552,5003,964,450
19World Kinect Corp2025Ira Birns700,0002,250,0380371,7473,359,625

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
World Kinect Corpnot disclosedPRSU 60 · RSU 40not disclosedCompensation Strategies, Inc.
C. H. Robinson Worldwide, Inc.171%PSU 60 · RSU 40NoSemler Brossy
Delek US Holdings, Inc.not disclosedRSU 50 · PSU 50not disclosedPay Governance LLC
Expand Energy Corporationnot disclosedPSU 70 · RSU 30Yes — Absolute TSRMeridian Compensation Partners, LLC
Expeditors International of Washington, Inc.not disclosedPSU 50 · RSU 50NoMeridian Compensation Partners, LLC
Hess Corporation184.3%Restricted Stock 100not disclosedSemler Brossy Consulting Group LLC
HF Sinclair Corporation151.8%not disclosedNoMeridian Compensation Partners, LLC
Hub Group, Inc.not disclosedRSU 50 · PRSU 50NoAon
J.B. Hunt Transport Services, Inc.not disclosedPSU 60 · RSU 40NoMeridian Compensation Partners, LLC
Kirby Corporationnot disclosedRSU 100not disclosedMeridian Compensation Partners
Landstar System, Inc.not disclosednot disclosednot disclosedFW Cook; Compensation Strategies, Inc.
PBF Energy Inc.not disclosedRestricted Stock 40 · Performance Share Units 30 · Performance Units 30Yes — Relative TSRPay Governance LLC
Performance Food Group Company150.4%PSU 60 · RSU 40Yes — Relative TSRMeridian Compensation Partners, LLC
Range Resources Corporationnot disclosedPSU 60 · RSU 40Yes — Total Stockholder Return (TSR)Meridian Compensation Partners, LLC
Ryder System, Inc.90%PSU 60 · RSU 40NoFW Cook
Sysco Corporation115.66%PSU 50 · RSU 30 · Option 20NoSemler Brossy
United Natural Foods, Inc.not disclosedPSU 60 · RSU 40not disclosedFW Cook
W.W. Grainger, Inc.93%PSU 60 · RSU 40NoPay Governance, LLC
XPO Logistics, Inc.not disclosednot disclosednot disclosedExequity LLP

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio

No say-on-pay vote is on file for this company.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (48 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Michael Kasbar. DEF 14A, filed 2026-04-28. Section “Executive Compensation Tables” · page 53. As printed: 6,430,180. View filing ↗
  • Section 01, Ira Birns. DEF 14A, filed 2026-04-28. Section “Executive Compensation Tables” · page 53. As printed: 3,359,625. View filing ↗
  • Section 01, John Rau. DEF 14A, filed 2026-04-28. Section “Executive Compensation Tables” · page 53. As printed: 3,352,224. View filing ↗
  • Section 01, Mike Tejada. DEF 14A, filed 2026-04-28. Section “Executive Compensation Tables” · page 53. As printed: 1,367,525. View filing ↗
  • Section 03, Michael Kasbar PSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael Kasbar RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, John Rau PSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, John Rau RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, John Rau PSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Ira Birns PSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Ira Birns RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Ira Birns PSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Mike Tejada PSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Mike Tejada RSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Mike Tejada PSU. DEF 14A, filed 2026-04-28. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 08, Ken Bakshi. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 380,005. View filing ↗
  • Section 08, Jorge L. Benitez. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 375,407. View filing ↗
  • Section 08, John L. Manley. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 362,525. View filing ↗
  • Section 08, Stephen K. Roddenberry. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 342,130. View filing ↗
  • Section 08, Sharda Cherwoo. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 340,018. View filing ↗
  • Section 08, Richard A. Kassar. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 317,505. View filing ↗
  • Section 08, Jeffrey M. Kottkamp. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 283,156. View filing ↗
  • Section 08, Paul H. Stebbins. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 282,519. View filing ↗
  • Section 08, Greg Piper. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 212,327. View filing ↗
  • Section 08, Andrea Smith. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 134,244. View filing ↗
  • Section 08, Jill B. Smart. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 47,056. View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 1,245,496 + equity 1,831,395 + all other 0 = 3,076,891, summed across the director compensation table rows.
  • Hess Corporation, Section 10b CEO total. DEF 14A, filed 2025-04-04. CEO total compensation as printed in Hess Corporation's own proxy. As printed: 18,036,267. View filing ↗
  • Sysco Corporation, Section 10b CEO total. DEF 14A, filed 2026-10-01. CEO total compensation as printed in Sysco Corporation's own proxy. As printed: 17,899,369. View filing ↗
  • HF Sinclair Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in HF Sinclair Corporation's own proxy. As printed: 14,278,553. View filing ↗
  • XPO Logistics, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-07. CEO total compensation as printed in XPO Logistics, Inc.'s own proxy. As printed: 12,001,545. View filing ↗
  • W.W. Grainger, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-10. CEO total compensation as printed in W.W. Grainger, Inc.'s own proxy. As printed: 11,609,508. View filing ↗
  • United Natural Foods, Inc., Section 10b CEO total. DEF 14A, filed 2026-11-04. CEO total compensation as printed in United Natural Foods, Inc.'s own proxy. As printed: 11,295,207. View filing ↗
  • C. H. Robinson Worldwide, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in C. H. Robinson Worldwide, Inc.'s own proxy. As printed: 11,045,949. View filing ↗
  • Ryder System, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in Ryder System, Inc.'s own proxy. As printed: 10,178,386. View filing ↗
  • Expand Energy Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Expand Energy Corporation's own proxy. As printed: 9,879,106. View filing ↗
  • Expeditors International of Washington, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in Expeditors International of Washington, Inc.'s own proxy. As printed: 9,643,863. View filing ↗
  • J.B. Hunt Transport Services, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in J.B. Hunt Transport Services, Inc.'s own proxy. As printed: 9,004,371. View filing ↗
  • Range Resources Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Range Resources Corporation's own proxy. As printed: 8,375,421. View filing ↗
  • PBF Energy Inc., Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in PBF Energy Inc.'s own proxy. As printed: 7,887,020. View filing ↗
  • Delek US Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-10. CEO total compensation as printed in Delek US Holdings, Inc.'s own proxy. As printed: 7,683,786. View filing ↗
  • Performance Food Group Company, Section 10b CEO total. DEF 14A, filed 2026-10-09. CEO total compensation as printed in Performance Food Group Company's own proxy. As printed: 7,129,941. View filing ↗
  • Kirby Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-06. CEO total compensation as printed in Kirby Corporation's own proxy. As printed: 6,735,134. View filing ↗
  • Landstar System, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Landstar System, Inc.'s own proxy. As printed: 4,574,887. View filing ↗
  • Hub Group, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-03. CEO total compensation as printed in Hub Group, Inc.'s own proxy. As printed: 3,964,450. View filing ↗
  • World Kinect Corp (subject), Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in World Kinect Corp's own proxy. As printed: 3,359,625. View filing ↗
Get the full report — $299