Joseph Adamo compensation by year
GENCO SHIPPING & TRADING Summary Compensation Table · all 5 fiscal years held| Component | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Salary | $280,000 | $295,000 | $305,000 | $305,000 | $315,000 |
| Bonus | $0 | $0 | $0 | — | $0 |
| Stock awards | $20,000 | $449,992 | $271,560 | $273,818 | $268,155 |
| Option awards | $10,000 | $0 | $0 | — | $0 |
| Non-equity incentive | $176,000 | $176,000 | $160,000 | $231,000 | $195,000 |
| Pension and deferred compensation | $0 | $0 | $0 | — | $0 |
| All other | $23,860 | $25,768 | $41,877 | $31,050 | $31,500 |
| Total | $509,860 | $946,760 | $778,437 | $840,868 | $809,655 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: GENCO SHIPPING & TRADING LTD DEF 14A filed May 7, 2026, accession 0000930413-26-001509, and prior-year filings. Open the filing on EDGAR.
How this page was built: the GENCO SHIPPING & TRADING LTD filed document, accession 0000930413-26-001509. Every figure is read from that document and cited to the page and table it appears in. Filed May 7, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 21,992 | $450,378 | — |
| PSU | 15,297 | $304,196 | — |
| PSU | 8,418 | $161,457 | — |
| RSU | 8,418 | $161,457 | — |
| PSU | 6,879 | $142,739 | — |
| RSU | 6,431 | $139,553 | — |
| RSU | 4,586 | $95,160 | — |
| RSU | 2,557 | $54,208 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in GENCO SHIPPING & TRADING LTD's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments GENCO SHIPPING & TRADING discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Involuntary termination without cause | — | $687,237 | — | $687,237 |
| Disability | — | $352,588 | — | $352,588 |
| Death | — | $352,588 | — | $352,588 |
| Change in control and involuntary termination | $1,165,500 | $687,237 | $65,994 | $687,237 |
Per the Potential Payments Upon Termination or Change in Control table in GENCO SHIPPING & TRADING LTD's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
GENCO SHIPPING & TRADING’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| John Wobensmith | Chairman and Chief Executive Officer | $3,965,933 |
| Jesper Christensen | Chief Commercial Officer | $1,838,803 |
| Peter Allen | Chief Financial Officer | $1,777,803 |
| Joseph Adamo · this page | Chief Accounting Officer | $809,655 |
The full GENCO SHIPPING & TRADING compensation record
free company briefThis page is one person within GENCO SHIPPING & TRADING's record. The company brief lists every named executive, each linking to their own page.
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are GENCO SHIPPING & TRADING's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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