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 4.58 years. total yearly compensation is $3.97M, comprised of 17.6% salary and 82.4% bonuses, including company stock and options. directly owns 1.17% of the company’s shares, worth $9.23M. The average tenure of the management team and the board of directors is 6.8 years and 6.7 years respectively.
Key information
John Wobensmith
Chief executive officer
US$4.0m
Total compensation
| CEO salary percentage | 17.65% |
| CEO tenure | 11yrs |
| CEO ownership | 1.2% |
| Management average tenure | 6.8yrs |
| Board average tenure | 6.7yrs |
Recent management updates
Recent updates
Genco Shipping & Trading Limited's (NYSE:GNK) Share Price Matching Investor Opinion
Oct 01
Genco Shipping: Drybulk Strength With Attractive Valuation And Rising Dividends
Sep 08At US$17.07, Is Genco Shipping & Trading Limited (NYSE:GNK) Worth Looking At Closely?
Aug 27Genco Shipping & Trading (NYSE:GNK) Seems To Use Debt Quite Sensibly
Jul 24Genco Shipping & Trading's (NYSE:GNK) Solid Earnings May Rest On Weak Foundations
May 15Is Genco Shipping & Trading (NYSE:GNK) Using Too Much Debt?
Apr 05Genco Shipping: Take Advantage Of The Seasonal Low
Feb 23Genco Shipping: Buy The Pullback For Richer Dividend Yields
Jan 11A Dividend Anchor In A Sea Of Volatility: Genco Shipping's Steadfast Strategy
Jan 03Is It Too Late To Consider Buying Genco Shipping & Trading Limited (NYSE:GNK)?
Dec 02Genco Shipping & Trading (NYSE:GNK) Is Paying Out A Larger Dividend Than Last Year
Nov 10Does Genco Shipping & Trading (NYSE:GNK) Have A Healthy Balance Sheet?
Oct 25Genco Shipping: A Great Platform To Weather Market Uncertainty
Oct 10Risks To Shareholder Returns Are Elevated At These Prices For Genco Shipping & Trading Limited (NYSE:GNK)
Oct 10Genco Shipping & Trading (NYSE:GNK) Is Experiencing Growth In Returns On Capital
Sep 25
Dividend Strategy And Fleet Renewal Propel Shipping Innovator Towards Market Leadership
Genco's focus on dividends, debt reduction, and fleet renewal aims to boost shareholder value and enhance earnings through improved efficiency and lower costs.Genco's Unique Dividend Structure May Hold Promise For Income Investors
Sep 10Is Genco Shipping & Trading (NYSE:GNK) Using Too Much Debt?
Jul 11Genco Shipping: Disciplined Strategy, Good Dividend Investment
Jun 21Genco Shipping & Trading Limited (NYSE:GNK) Investors Are Less Pessimistic Than Expected
Jun 15Genco Shipping & Trading's (NYSE:GNK) Upcoming Dividend Will Be Larger Than Last Year's
May 12Genco Shipping: FQ4'23 Dividends May Disappoint - You May Have Missed The Boat
Jan 27Genco Shipping & Trading Limited's (NYSE:GNK) Shareholders Might Be Looking For Exit
Jan 25Genco Shipping: A Quality Company With Excellent Financials And Attractive Dividend Yields
Jan 09Returns At Genco Shipping & Trading (NYSE:GNK) Are On The Way Up
Dec 08Genco Shipping: A Fine Hold, No Need To Rush
Dec 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | -US$7m |
| Jun 30 2025 | n/a | n/a | US$15m |
| Mar 31 2025 | n/a | n/a | US$46m |
| Dec 31 2024 | US$4m | US$700k | US$76m |
| Sep 30 2024 | n/a | n/a | US$69m |
| Jun 30 2024 | n/a | n/a | US$15m |
| Mar 31 2024 | n/a | n/a | US$3m |
| Dec 31 2023 | US$3m | US$700k | -US$13m |
| Sep 30 2023 | n/a | n/a | US$11m |
| Jun 30 2023 | n/a | n/a | US$84m |
| Mar 31 2023 | n/a | n/a | US$120m |
| Dec 31 2022 | US$5m | US$685k | US$159m |
| Sep 30 2022 | n/a | n/a | US$221m |
| Jun 30 2022 | n/a | n/a | US$237m |
| Mar 31 2022 | n/a | n/a | US$222m |
| Dec 31 2021 | US$3m | US$650k | US$182m |
| Sep 30 2021 | n/a | n/a | US$25m |
| Jun 30 2021 | n/a | n/a | -US$53m |
| Mar 31 2021 | n/a | n/a | -US$103m |
| Dec 31 2020 | US$2m | US$650k | -US$226m |
| Sep 30 2020 | n/a | n/a | -US$159m |
| Jun 30 2020 | n/a | n/a | -US$152m |
| Mar 31 2020 | n/a | n/a | -US$169m |
| Dec 31 2019 | US$2m | US$650k | -US$56m |
| Sep 30 2019 | n/a | n/a | -US$39m |
| Jun 30 2019 | n/a | n/a | -US$18m |
| Mar 31 2019 | n/a | n/a | US$15m |
| Dec 31 2018 | US$2m | US$650k | -US$33m |
Compensation vs Market: John's total compensation ($USD3.97M) is about average for companies of similar size in the US market ($USD3.46M).
Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.
CEO
John Wobensmith (55 yo)
Mr. John C. Wobensmith, C.F.A., serves as Director at Genco Shipping & Trading Limited since May 29, 2021. He is Chairman of the Board at Genco Shipping & Trading Limited since August 26, 2025. He has been...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 11yrs | US$3.97m | 1.17% $ 9.2m | |
| Chief Financial Officer | 2.5yrs | US$1.57m | 0.10% $ 824.0k | |
| Chief Accounting Officer | 15.7yrs | US$840.87k | 0.062% $ 488.5k | |
| Chief Commercial Officer | 2.7yrs | US$1.71m | 0.16% $ 1.3m | |
| Vice President of Finance | no data | no data | no data |
Experienced Management: GNK's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 4.6yrs | US$3.97m | 1.17% $ 9.2m | |
| Lead Independent Director | 8.6yrs | US$231.18k | no data | |
| Independent Director | 9.8yrs | US$212.43k | 0.24% $ 1.9m | |
| Independent Director | 10.4yrs | US$231.18k | 0.0017% $ 13.5k | |
| Independent Director | 1.8yrs | US$194.33k | no data | |
| Independent Director | 4.8yrs | US$222.43k | no data |
Experienced Board: GNK's board of directors are considered experienced (6.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/15 23:52 |
| End of Day Share Price | 2025/12/15 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Genco Shipping & Trading Limited is covered by 23 analysts. 4 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 |
|---|---|
| Charles Fratt | Alliance Global Partners |
| Liam Burke | B. Riley Securities, Inc. |
| Gregory Lewis | BTIG |