World Kinect Management
Management criteria checks 4/4
World Kinect's CEO is Mike Kasbar, appointed in Jul 2002, has a tenure of 22.42 years. total yearly compensation is $6.80M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 1.49% of the company’s shares, worth $23.26M. The average tenure of the management team and the board of directors is 3.8 years and 18.5 years respectively.
Key information
Mike Kasbar
Chief executive officer
US$6.8m
Total compensation
| CEO salary percentage | 14.7% |
| CEO tenure | 22.4yrs |
| CEO ownership | 1.5% |
| Management average tenure | 3.8yrs |
| Board average tenure | 18.5yrs |
Recent management updates
Recent updates
Does World Kinect (NYSE:WKC) Have A Healthy Balance Sheet?
Nov 25
We Think You Should Be Aware Of Some Concerning Factors In World Kinect's (NYSE:WKC) Earnings
Nov 01World Kinect Corporation's (NYSE:WKC) Price Is Right But Growth Is Lacking
Oct 17Do World Kinect's (NYSE:WKC) Earnings Warrant Your Attention?
Sep 07Why We're Not Concerned About World Kinect Corporation's (NYSE:WKC) Share Price
Jul 16World Kinect (NYSE:WKC) Seems To Be Using A Lot Of Debt
Jun 01World Kinect Corporation's (NYSE:WKC) Intrinsic Value Is Potentially 82% Above Its Share Price
May 08Getting In Cheap On World Kinect Corporation (NYSE:WKC) Might Be Difficult
Apr 13World Kinect: Fueling Ambitions
Mar 17Does World Kinect (NYSE:WKC) Have A Healthy Balance Sheet?
Feb 07World Kinect: Net Zero Emissions, Reorganization, Beneficial Guidance, And Undervalued
Dec 21World Kinect (NYSE:WKC) Will Pay A Dividend Of $0.14
Sep 25World Kinect: Still Not Connecting
Aug 13Estimating The Fair Value Of World Kinect Corporation (NYSE:WKC)
Aug 03These 4 Measures Indicate That World Kinect (NYSE:WKC) Is Using Debt Extensively
Jun 29Is There An Opportunity With World Fuel Services Corporation's (NYSE:INT) 33% Undervaluation?
May 05We Think World Fuel Services (NYSE:INT) Is Taking Some Risk With Its Debt
Mar 29World Fuel Services: Great Dividend Growth Potential, Apart From One Problem
Jan 12World Fuel declares $0.14 dividend
Dec 09These 4 Measures Indicate That World Fuel Services (NYSE:INT) Is Using Debt Extensively
Dec 07World Fuel Non-GAAP EPS of $0.67 beats by $0.03, revenue of $15.66B misses by $180M
Oct 27World Fuel Services (NYSE:INT) Is Paying Out A Larger Dividend Than Last Year
Sep 17World Fuel Services raises dividend by 17% to $0.14
Sep 13Need To Know: Analysts Are Much More Bullish On World Fuel Services Corporation (NYSE:INT) Revenues
Jul 31These 4 Measures Indicate That World Fuel Services (NYSE:INT) Is Using Debt Extensively
Jun 07World Fuel Services: Diversification Fuels Paths For Success
May 26World Fuel Services (NYSE:INT) Has Affirmed Its Dividend Of US$0.12
Mar 17World Fuel Services Is Adaptive To A Changing World
Feb 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$134m |
| Jun 30 2024 | n/a | n/a | US$136m |
| Mar 31 2024 | n/a | n/a | US$58m |
| Dec 31 2023 | US$7m | US$1m | US$53m |
| Sep 30 2023 | n/a | n/a | US$109m |
| Jun 30 2023 | n/a | n/a | US$116m |
| Mar 31 2023 | n/a | n/a | US$111m |
| Dec 31 2022 | US$15m | US$979k | US$114m |
| Sep 30 2022 | n/a | n/a | US$109m |
| Jun 30 2022 | n/a | n/a | US$88m |
| Mar 31 2022 | n/a | n/a | US$81m |
| Dec 31 2021 | US$5m | US$900k | US$74m |
| Sep 30 2021 | n/a | n/a | US$55m |
| Jun 30 2021 | n/a | n/a | US$115m |
| Mar 31 2021 | n/a | n/a | US$87m |
| Dec 31 2020 | US$7m | US$900k | US$110m |
| Sep 30 2020 | n/a | n/a | US$170m |
| Jun 30 2020 | n/a | n/a | US$136m |
| Mar 31 2020 | n/a | n/a | US$183m |
| Dec 31 2019 | US$7m | US$900k | US$179m |
| Sep 30 2019 | n/a | n/a | US$152m |
| Jun 30 2019 | n/a | n/a | US$142m |
| Mar 31 2019 | n/a | n/a | US$134m |
| Dec 31 2018 | US$5m | US$900k | US$128m |
| Sep 30 2018 | n/a | n/a | -US$95m |
| Jun 30 2018 | n/a | n/a | -US$172m |
| Mar 31 2018 | n/a | n/a | -US$170m |
| Dec 31 2017 | US$6m | US$900k | -US$170m |
Compensation vs Market: Mike's total compensation ($USD6.80M) is about average for companies of similar size in the US market ($USD5.54M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Kasbar (67 yo)
22.4yrs
Tenure
US$6,802,243
Compensation
Mr. Michael J. Kasbar, also known as Mike, has been the Chief Executive Officer of World Kinect Corporation (formerly known as World Fuel Services Corporation) since January 1, 2012 and July 2002 respectiv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 22.4yrs | US$6.80m | 1.49% $ 23.3m | |
| Executive VP & CFO | 17.7yrs | US$2.82m | 0.25% $ 3.9m | |
| Executive Vice President of Global Aviation | 8.8yrs | US$2.82m | 0.14% $ 2.2m | |
| Senior VP & Chief Accounting Officer | 3.3yrs | no data | 0.053% $ 829.1k | |
| Chief Information Officer | 1.8yrs | no data | no data | |
| Vice President of Investor Relations & Communications | no data | no data | no data | |
| Chief Human Resources Officer | 4.2yrs | no data | no data | |
| Executive Vice President | no data | no data | no data | |
| Chief Commercial Officer | no data | no data | no data | |
| Senior VP | 1.9yrs | no data | no data | |
| Senior VP & Chief Commercial Counsel | 3.3yrs | no data | no data | |
| VP & Treasurer | no data | no data | no data |
3.8yrs
Average Tenure
60yo
Average Age
Experienced Management: WKC's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 29.5yrs | US$6.80m | 1.49% $ 23.3m | |
| Independent Chairman Emeritus | 29.5yrs | US$270.02k | 0.21% $ 3.2m | |
| Lead Independent Director | 18.5yrs | US$355.02k | 0.22% $ 3.4m | |
| Independent Director | 22.3yrs | US$310.02k | 0.098% $ 1.5m | |
| Independent Director | 22.3yrs | US$370.00k | 0.077% $ 1.2m | |
| Independent Director | 3.3yrs | US$285.02k | 0.031% $ 491.3k | |
| Independent Director | 14.2yrs | US$355.00k | 0.085% $ 1.3m | |
| Independent Director | 9.9yrs | US$375.00k | 0.083% $ 1.3m | |
| Independent Director | 4.8yrs | US$305.02k | 0.048% $ 752.2k |
18.5yrs
Average Tenure
67yo
Average Age
Experienced Board: WKC's board of directors are seasoned and experienced ( 18.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
World Kinect Corporation is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Kenneth Hoexter | BofA Global Research |
| John Freeman | CGS International |