Companies World Kinect Corp
World Kinect (INT): executive pay, fiscal 2025
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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
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 officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Michael Kasbar | $1,000,000 | $0 | $4,500,022 | $0 | $867,409 | $6,091 | $56,658 | $6,430,180 |
| Executive Chairman | ||||||||
| Ira Birns | 700,000 | 0 | 2,250,038 | 0 | 371,747 | 0 | 37,841 | 3,359,625 |
| Chief Executive Officer | ||||||||
| John Rau | 700,000 | 0 | 2,250,038 | 0 | 371,747 | 0 | 30,440 | 3,352,224 |
| President | ||||||||
| Mike Tejada | 473,438 | 315,000 | 525,014 | 0 | 0 | 0 | 54,073 | 1,367,525 |
| 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 officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Michael Kasbar | $6,430,180 | $6,704,733 | $6,802,243 | ↓ −274,553 |
| Ira Birns | 3,359,625 | 2,774,784 | 2,823,311 | ↑ +584,841 |
| John Rau | 3,352,224 | 2,770,545 | 2,820,431 | ↑ +581,679 |
| Mike Tejada | 1,367,525 | — | — | — |
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 consultant | Compensation Strategies, Inc. |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Michael Kasbar | PSU | 2025-03-15 | 38,627 | 96,567 | — | 193,134 | $2,700,013 |
| Michael Kasbar | RSU | 2025-03-15 | — | — | 64,378 | — | 1,800,009 |
| John Rau | PSU | 2025-03-15 | 13,305 | 33,262 | — | 66,524 | 930,006 |
| John Rau | RSU | 2025-03-15 | — | — | 22,175 | — | 620,013 |
| John Rau | PSU | 2025-06-05 | — | 25,446 | — | — | 700,019 |
| Ira Birns | PSU | 2025-03-15 | 13,305 | 33,262 | — | 66,524 | 930,006 |
| Ira Birns | RSU | 2025-03-15 | — | — | 22,175 | — | 620,013 |
| Ira Birns | PSU | 2025-06-05 | — | 25,446 | — | — | 700,019 |
| Mike Tejada | PSU | 2025-05-10 | 840 | 2,100 | — | 4,200 | 56,259 |
| Mike Tejada | RSU | 2025-05-10 | — | — | 6,299 | — | 168,750 |
| Mike Tejada | PSU | 2025-10-24 | — | 11,253 | — | — | 300,005 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Michael Kasbar | $1,800,009 | $2,700,013 | $0 | 60.0% |
| John Rau | 620,013 | 1,630,025 | 0 | 72.4% |
| Ira Birns | 620,013 | 1,630,025 | 0 | 72.4% |
| Mike Tejada | 168,750 | 356,264 | 0 | 67.9% |
% 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
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Mike Tejada | PSU | 1,050 | — | $24,602 |
| Mike Tejada | PSU | 1,141 | — | 26,722 |
| Mike Tejada | RSU | 1,388 | — | 32,521 |
| Mike Tejada | RSU | 2,100 | — | 49,203 |
| Mike Tejada | RSU | 2,281 | — | 53,444 |
| Mike Tejada | RSU | 4,413 | — | 103,397 |
| Mike Tejada | RSU | 5,131 | — | 120,219 |
| Mike Tejada | RSU | 6,299 | — | 147,586 |
| Ira Birns | RSU | 8,622 | — | 202,013 |
| John Rau | RSU | 8,622 | — | 202,013 |
| Mike Tejada | RSU | 11,253 | — | 263,658 |
| Mike Tejada | PSU | 11,253 | — | 263,658 |
| Ira Birns | RSU | 15,628 | — | 366,164 |
| John Rau | RSU | 15,628 | — | 366,164 |
| Ira Birns | PSU | 16,631 | — | 389,664 |
| John Rau | PSU | 16,631 | — | 389,664 |
| Ira Birns | PSU | 17,581 | — | 411,911 |
| John Rau | PSU | 17,581 | — | 411,911 |
| Ira Birns | RSU | 22,175 | — | 519,560 |
| John Rau | RSU | 22,175 | — | 519,560 |
| Michael Kasbar | RSU | 25,032 | — | 586,500 |
| Ira Birns | RSU | 25,446 | — | 596,200 |
| Ira Birns | PSU | 25,446 | — | 596,200 |
| John Rau | RSU | 25,446 | — | 596,200 |
| John Rau | PSU | 25,446 | — | 596,200 |
| Ira Birns | RSU | 33,262 | — | 779,329 |
| John Rau | RSU | 33,262 | — | 779,329 |
| Ira Birns | RSU | 35,161 | — | 823,822 |
| John Rau | RSU | 35,161 | — | 823,822 |
| Michael Kasbar | RSU | 45,369 | — | 1,062,996 |
| Michael Kasbar | PSU | 48,284 | — | 1,131,282 |
| Michael Kasbar | PSU | 51,040 | — | 1,195,867 |
| Michael Kasbar | RSU | 64,378 | — | 1,508,377 |
| Michael Kasbar | RSU | 96,567 | — | 2,262,565 |
| Michael Kasbar | RSU | 102,080 | — | 2,391,734 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Ken BakshiIndependent · Compensation (Chair) · Governance · Nominating Subcommittee (Chair) | $175,000 | $205,005 | — | — | — | $380,005 |
| Jorge L. BenitezIndependent · Lead Independent Director · Audit · Governance · Nominating Subcommittee | 180,389 | 195,018 | — | — | — | 375,407 |
| John L. ManleyIndependent · Audit (Chair) · Governance · Nominating Subcommittee | 162,500 | 200,025 | — | — | — | 362,525 |
| Stephen K. RoddenberryIndependent · Compensation · Governance · Not standing for re-election | 147,111 | 195,018 | — | — | — | 342,130 |
| Sharda CherwooIndependent · Audit · Governance | 145,000 | 195,018 | — | — | — | 340,018 |
| Richard A. KassarIndependent · Audit · Compensation · Governance · Not standing for re-election | 132,500 | 185,005 | — | — | — | 317,505 |
| Jeffrey M. KottkampIndependent · Audit · Governance | 77,472 | 205,684 | — | — | — | 283,156 |
| Paul H. StebbinsNot independent · FOR | 107,500 | 175,019 | — | — | — | 282,519 |
| Greg PiperIndependent · Compensation · Governance | 50,269 | 162,058 | — | — | — | 212,327 |
| Andrea SmithIndependent · Compensation · Governance | 20,699 | 113,545 | — | — | — | 134,244 |
| Jill B. SmartIndependent · Newly elected | 47,056 | 0 | — | — | — | 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 guideline | Robust Stock Ownership Guidelines |
Total cost of the board
| Component | FY2025 |
|---|---|
| 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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Hess Corporation | 2024 | John Hess | $1,575,000 | $12,075,036 | $0 | $4,358,700 | $18,036,267 |
| 2 | Sysco Corporation | 2026 | Kevin Hourican | 1,435,538 | 10,391,759 | 2,579,986 | 2,905,602 | 17,899,369 |
| 3 | HF Sinclair Corporation | 2025 | Timothy Go | 1,204,615 | 9,977,382 | 0 | 2,668,968 | 14,278,553 |
| 4 | XPO Logistics, Inc. | 2025 | Mario Harik | 872,198 | 9,876,760 | 0 | 1,236,906 | 12,001,545 |
| 5 | W.W. Grainger, Inc. | 2025 | D.G. Macpherson | 1,176,370 | 8,451,819 | 0 | 1,653,075 | 11,609,508 |
| 6 | United Natural Foods, Inc. | 2026 | Sandy Douglas | 1,123,077 | 8,016,521 | 0 | 2,133,359 | 11,295,207 |
| 7 | C. H. Robinson Worldwide, Inc. | 2025 | David Bozeman | 1,100,962 | 6,984,383 | 0 | 2,879,618 | 11,045,949 |
| 8 | Ryder System, Inc. | 2025 | Robert Sanchez | 1,100,001 | 7,159,495 | 0 | 1,675,894 | 10,178,386 |
| 9 | Expand Energy Corporation | 2025 | Domenic Dell'Osso | 947,346 | 8,890,444 | — | — | 9,879,106 |
| 10 | Expeditors International of Washington, Inc. | 2025 | Daniel Wall | 100,000 | 5,940,134 | 0 | 3,600,729 | 9,643,863 |
| 11 | J.B. Hunt Transport Services, Inc. | 2025 | Shelley Simpson | 961,385 | 6,927,529 | 0 | 1,067,421 | 9,004,371 |
| 12 | Range Resources Corporation | 2025 | Dennis Degner | 932,500 | 6,143,877 | 0 | 1,128,000 | 8,375,421 |
| 13 | PBF Energy Inc. | 2025 | Matthew Lucey | 1,250,000 | 5,767,000 | 0 | 0 | 7,887,020 |
| 14 | Delek US Holdings, Inc. | 2025 | Avigal Soreq | 900,000 | 4,832,195 | 0 | 1,895,544 | 7,683,786 |
| 15 | Performance Food Group Company | 2026 | Scott McPherson | 880,385 | 4,250,191 | 0 | 1,933,218 | 7,129,941 |
| 16 | Kirby Corporation | 2025 | David Grzebinski | 1,091,754 | 2,250,127 | 0 | 3,349,255 | 6,735,134 |
| 17 | Landstar System, Inc. | 2025 | Frank Lonegro | 800,000 | 3,473,049 | 0 | 210,000 | 4,574,887 |
| 18 | Hub Group, Inc. | 2024 | Phillip Yeager | 850,000 | 2,400,342 | — | 552,500 | 3,964,450 |
| 19 | World Kinect Corp | 2025 | Ira Birns | 700,000 | 2,250,038 | 0 | 371,747 | 3,359,625 |
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
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| World Kinect Corp | not disclosed | PRSU 60 · RSU 40 | not disclosed | Compensation Strategies, Inc. |
| C. H. Robinson Worldwide, Inc. | 171% | PSU 60 · RSU 40 | No | Semler Brossy |
| Delek US Holdings, Inc. | not disclosed | RSU 50 · PSU 50 | not disclosed | Pay Governance LLC |
| Expand Energy Corporation | not disclosed | PSU 70 · RSU 30 | Yes — Absolute TSR | Meridian Compensation Partners, LLC |
| Expeditors International of Washington, Inc. | not disclosed | PSU 50 · RSU 50 | No | Meridian Compensation Partners, LLC |
| Hess Corporation | 184.3% | Restricted Stock 100 | not disclosed | Semler Brossy Consulting Group LLC |
| HF Sinclair Corporation | 151.8% | not disclosed | No | Meridian Compensation Partners, LLC |
| Hub Group, Inc. | not disclosed | RSU 50 · PRSU 50 | No | Aon |
| J.B. Hunt Transport Services, Inc. | not disclosed | PSU 60 · RSU 40 | No | Meridian Compensation Partners, LLC |
| Kirby Corporation | not disclosed | RSU 100 | not disclosed | Meridian Compensation Partners |
| Landstar System, Inc. | not disclosed | not disclosed | not disclosed | FW Cook; Compensation Strategies, Inc. |
| PBF Energy Inc. | not disclosed | Restricted Stock 40 · Performance Share Units 30 · Performance Units 30 | Yes — Relative TSR | Pay Governance LLC |
| Performance Food Group Company | 150.4% | PSU 60 · RSU 40 | Yes — Relative TSR | Meridian Compensation Partners, LLC |
| Range Resources Corporation | not disclosed | PSU 60 · RSU 40 | Yes — Total Stockholder Return (TSR) | Meridian Compensation Partners, LLC |
| Ryder System, Inc. | 90% | PSU 60 · RSU 40 | No | FW Cook |
| Sysco Corporation | 115.66% | PSU 50 · RSU 30 · Option 20 | No | Semler Brossy |
| United Natural Foods, Inc. | not disclosed | PSU 60 · RSU 40 | not disclosed | FW Cook |
| W.W. Grainger, Inc. | 93% | PSU 60 · RSU 40 | No | Pay Governance, LLC |
| XPO Logistics, Inc. | not disclosed | not disclosed | not disclosed | Exequity 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 ↗