Genco Shipping & Trading Limited

DB:GNU1 Stock Report

Market Cap: €563.1m

Genco Shipping & Trading Management

Management criteria checks 3/4

Genco Shipping & Trading's CEO is John Wobensmith, appointed in Dec 2014, has a tenure of 3.58 years. total yearly compensation is $3.36M, comprised of 20.8% salary and 79.2% bonuses, including company stock and options. directly owns 1.09% of the company’s shares, worth €6.15M. The average tenure of the management team and the board of directors is 5.8 years and 7.6 years respectively.

Key information

John Wobensmith

Chief executive officer

US$3.4m

Total compensation

CEO salary percentage20.8%
CEO tenure10yrs
CEO ownership1.1%
Management average tenure5.8yrs
Board average tenure7.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Wobensmith's remuneration changed compared to Genco Shipping & Trading's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$69m

Jun 30 2024n/an/a

US$15m

Mar 31 2024n/an/a

US$3m

Dec 31 2023US$3mUS$700k

-US$13m

Sep 30 2023n/an/a

US$11m

Jun 30 2023n/an/a

US$84m

Mar 31 2023n/an/a

US$120m

Dec 31 2022US$5mUS$685k

US$159m

Sep 30 2022n/an/a

US$221m

Jun 30 2022n/an/a

US$237m

Mar 31 2022n/an/a

US$222m

Dec 31 2021US$3mUS$650k

US$182m

Sep 30 2021n/an/a

US$25m

Jun 30 2021n/an/a

-US$53m

Mar 31 2021n/an/a

-US$103m

Dec 31 2020US$2mUS$650k

-US$226m

Sep 30 2020n/an/a

-US$159m

Jun 30 2020n/an/a

-US$152m

Mar 31 2020n/an/a

-US$169m

Dec 31 2019US$2mUS$650k

-US$56m

Sep 30 2019n/an/a

-US$39m

Jun 30 2019n/an/a

-US$18m

Mar 31 2019n/an/a

US$15m

Dec 31 2018US$2mUS$650k

-US$33m

Sep 30 2018n/an/a

-US$49m

Jun 30 2018n/an/a

-US$86m

Mar 31 2018n/an/a

-US$99m

Dec 31 2017US$5mUS$650k

-US$59m

Compensation vs Market: John's total compensation ($USD3.36M) is above average for companies of similar size in the German market ($USD1.01M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

CEO

John Wobensmith (54 yo)

10yrs

Tenure

US$3,363,871

Compensation

Mr. John C. Wobensmith serves as Director at Genco Shipping & Trading Limited since May 29, 2021. He has been the President of Genco Shipping & Trading Limited since December 19, 2014, its Chief Executive...

Leadership Team

NamePositionTenureCompensationOwnership
John Wobensmith
CEO, President10yrsUS$3.36m1.09%
€ 6.1m
Peter Allen
Chief Financial Officer1.5yrsUS$1.14m0.083%
€ 467.7k
Joseph Adamo
Chief Accounting Officer14.7yrsUS$778.44k0.045%
€ 253.1k
Jesper Christensen
Chief Commercial Officer1.7yrsUS$1.47m0.10%
€ 560.8k

5.8yrs

Average Tenure

46yo

Average Age

Experienced Management: GNU1's management team is seasoned and experienced (5.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
John Wobensmith
CEO, President3.6yrsUS$3.36m1.09%
€ 6.1m
Kathleen Haines
Independent Director7.6yrsUS$270.01kno data
James Dolphin
Independent Chairman10.4yrsUS$422.98kno data
Arthur Regan
Director8.8yrsUS$249.95k0.24%
€ 1.4m
Basil Mavroleon
Independent Director9.4yrsUS$297.50k0.0017%
€ 9.7k
Paramita Das
Independent Directorless than a yearno datano data
Karin Orsel
Independent Director3.8yrsUS$212.09kno data

7.6yrs

Average Tenure

57yo

Average Age

Experienced Board: GNU1's board of directors are considered experienced (7.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 18:05
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Genco Shipping & Trading Limited is covered by 31 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charles FrattAlliance Global Partners
Martin JaerArctic Securities ASA
Liam BurkeB. Riley Securities, Inc.